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Revenue was 1.34 billion, up 10.5% year over year.
March 6, 2017
By: DAVID SAVASTANO
Editor, Ink World Magazine
Advantech announced its preliminary results for the fiscal year ended Dec. 31, 2016. The company’s revenue was NT$42 billion ($1.34 billion), up 10.5% year over year. Gross profit was NT$17.11 billion ($546 million), up 11.6% from 2015. Net income was NT$5.868 billion ($187 million), up 10.9% year over year. In US dollar, Applied Computing Group (ACG) was the best-performing business group in 2016 with17% year over year revenues growth, following by Industrial Automation Group (IAG) with 5% ...
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