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2006-10-10 09:07:00 a.m. HKT, XFNA
Hong Kong-listed QPL International's US unit sees Q1 net loss of 8.1 mln usd
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HONG KONG (XFN-ASIA) - QPL International Holdings Ltd said associate ASAT
Holdings Ltd, listed on the Nasdaq Capital Market in the US, expects to incur
a net loss of 8.1 mln usd for the first quarter of its fiscal year ending
April 2007.
QPL International Holdings chairman Li Tung Lok said ASAT's estimated
revenue for the three months to July is 46.3 mln usd, cash and cash
equivalent at 13.4 mln usd and gross margin at 9.5 pct.
He said QPL International currently owns 42.4 pct of ASAT Holdings.
(1 usd = 7.8 hkd)
jun.concepcion@xfn.com xfnjcc/xfnms
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