PAKKRED, NONTHABURI, THAILAND -- SVI Public Co. reported third quarter consolidated revenue of $95 million, up 17% year-over-year.
The EMS company cited production ramps for new customers launched early this year.
The consolidated gross profit was $5.53 million baht, down 31% year-over-year on higher material costs.
The consolidated net profit was $2. million, down from $24 million a year ago. The firm received a large payout last year due to insurance settlements from fire damage to one of its Bangkok area plants.