| Research Firm Expects Banner Year for Cal-Comp |
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| Written by Mike Buetow | |||
| Friday, 25 January 2013 12:54 | |||
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BANGKOK -- Cal-Comp Electronics, the world's sixth largest EMS company, is expected to post strong profits growth on higher demand for consumer electronics. Securities brokerage and research firm Maybank Kim Eng Securities forecasts the EMS company's profits will jump 156% growth to 2.06 billion baht ($68.7 million). Through October, sales were up 9% for the year. The firm said that higher wages in China is pushing production to Thailand, where Cal-Comp has its largest plants.
Ed: 1 $US = 29.9810 THB
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