Monday, July 30, 2007

UPDATE 1-Nam Tai operating profit, revenue fall

(Reuters) - The maker of components for consumer electronics products
said operating profit was 26 cents a share, down from 46 cents
a year earlier. Analysts' average forecast was 19 cents share,
according to Reuters Estimates.




Sales dropped 7 percent to $197.8 million, falling short of
analysts' forecast of $200.9 million. The company cited a
decline in business from telecommunication components
assembly.


Read more at Reuters.com Market News

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