Asia
GEM Services Clarifies Report on Capacity Utilization, Earnings Outlook
GEM Services (TPE:6525) clarified a MoneyDJ report about its capacity utilization, revenue outlook and earnings, stating it did not represent company guidance.The MoneyDJ report said the company's utilization rate had reached nearly 90% amid strong data-center server demand and tight packaging and testing capacity. It also projected double-digit revenue growth, a record full-year result and EPS of NT$8.GEM Services advised investors to refer to its official disclosures on Taiwan's Market Observation Post System and exercise caution when evaluating media reports.
TPE:6525
