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.

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