Asia
Taiwan Surface Mounting's Revenue Rises 4% in April; Shares Slump 10%
Taiwan Surface Mounting Technology (TPE:6278) logged consolidated revenue of NT$4.51 billion for April, up 3.9% annually, according to a Tuesday filing with the Taiwan Stock Exchange.Shares dropped 10% in Wednesday's midday trade.The latest figure also marked a 6.9% increase from March.Cumulative revenue for January to April reached NT$17.1 billion, up 1.9% year-on-year, the company said.
TPE:6278