Although it managed to retain key customers in the consolidation of its operations in China, the Contract Manufacturing segment showed a US$3.2 million reduction in sales for this period.
SINGAPORE (Nov 9): Global Invacom announced that 3Q17 earnings decreased 1.6% to US$ 687,000 ($937,000) compared to US$ 698,000 in 3Q16, ropelled by efficiencies following a restructuring of its China manufacturing operations.
Revenue for the third quarter ended September decreased 11% to US$ 28.5 million from US$ 32.1 million the previous year.
