Wednesday, April 25, 2007

UPDATE 1-STATS ChipPAC's Q1 net profit up 42 pct

(Reuters) - The Singapore-based firm posted a net profit of $17 million, or 8 cents per diluted American Depositary Share , for the three months ended March, compared with a net profit of $12 million in the year-ago quarter.

The result was slightly below a consensus mean net profit forecast of $18.23 million from six analysts polled by Reuters Estimates, but came in at the high end of the company's own guidance.


Read more at Reuters.com Market News

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