The FY2018 earning for Valuetronics was out on 25th May 2018. Valuetronics share price fell to a low of $0.64 last month after rising to a high of $1.12 in March 2018. The "big" fall was due to news that its Dutch MNC client reporting sub-par sales performance from its smart home lightning division, mainly in the US (refer
here). As such, the FY2018 result attracted much attention as to how badly hit Valuetronics would be in revenue and profit.
Summarized of the result is as followed
Nothing bad on a full year basis but on a quarterly basis, weakness was seen
For Consumer Electronics (CE), Q4FY18 revenue fell 25.2% from HK$401.1M to HK$300.1M from Q3FY18 and its Industrial & Consumer Electronics (ICE) fell 11.2% from HK$387.2M to HK$343.9M. Total revenue for both segment fell 18....
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