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Excellence Optoelectronics Clarfies Media Report Projecting Revenue, Profit

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Excellence Optoelectronics (TPE:3717) clarified it has not disclosed any revenue or profit forecasts, responding to an Economic Daily report that cited its chairman as saying operations are expected to post double-digit growth this year.

The company said the media report reflected the publication's own assumptions and should not be regarded as official guidance, according to a Wednesday Taiwan Exchange filing.

Excellence Optoelectronics said all financial and business information will be disclosed through Taiwan's Market Observation Post System (MOPS).

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