Brief: Foxconn Interconnect Technology Posts HY Loss $9 Million
07/08/2023 13:30
Aug 7 (Reuters) - Foxconn Interconnect Technology Ltd
6088.HK :
* HY LOSS US$9 MILLION VERSUS PROFIT OF US$85 MILLION
* PERFORMANCE IN SECOND HALF OF 2023 IS EXPECTED TO INCREASE
AS
COMPARED TO SAME PERIOD IN 2022
* BELIEVE DEMAND FOR MIDSTREAM AND DOWNSTREAM SERVERS WILL
RECOVER
FROM Q4 FOR NETWORKING
* HY REVENUE US$1,784 MLN, YOY DECREASE OF 15.1%
Further company coverage: 6088.HK
((reuters.briefs@thomsonreuters.com;))
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