INQUIRER.net: Cirtek aims for 10% growth in Q1 profit, sales

INQUIRER.net Philippine News for Filipinos

Cirtek aims for 10% growth in Q1 profit, sales Mar 4th 2013, 07:28 MANILA, Philippines--Laguna-based based semiconductor manufacturer Cirtek Holdings Philippines Corp. sees first quarter net profit and sales revenues rising by 10 percent year-on-year just on the strength of its existing business portfolio.   But as sales and profit contribution from acquisition and new business deals pour in after the first quarter, Cirtek said it remained on track to attain a faster growth of 25-percent growth for both revenues and net profits for the whole of 2013.   In a disclosure to the Philippine Stock Exchange on Monday, Cirtek said net income after tax for the first quarter of 2013 would likely reach $900,000 on the back of $10 million in s... Keep on reading: Cirtek aims for 10% growth in Q1 profit, sales Media files: Cirtek.jpg (image/jpeg)

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