Headset specialist Merry revenues up 113% in 1Q, but gross margins down

Kung Tien Huang, Taipei; Jessie Shen, DIGITIMES Asia Wednesday 3 May 2006 0

Merry Electronics, a Taiwan-based handset accessory specialist, enjoyed on-year growth of 113.83% in revenues and 74.98% in pre-tax profits during the first quarter of 2006. However, its gross margins slid to 10.58%, down from 16.3% in the first quarter...

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