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Drill bit maker Topoint suffers nearly 50% profit fall in 1Q19

Jay Liu, Taipei; Jessie Shen, DIGITIMES Asia 0

PCB drill bit maker Topoint Technology saw its net profits decline 49.5% from a year earlier to NT$31 million (US$1 million) in the first quarter of 2019, with capacity utilization rates falling below year-ago levels.

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