Electronics Production |
Partnertech post operating loss in 1Q/2010
Sweden-based EMS-provider Partnertech has posted an operating loss on SEK 1.7 million for the 1Q/2010.
Net sales for the EMS-provider reached SEK 557.4 million (down from SEK 594.2 million Y-o-Y). Operating loss reached SEK minus 1.7 million (1Q/2009: profit of 9.5 million).
• Profit/loss after tax was SEK -5.1 million (0.5)
• Earnings per share after tax totaled SEK -0.41 (0.04)
• Cash flow after investments amounted to SEK -11.3 million (-36.6)
• The equity/assets ratio amounted to 41.4% (39.9) at the end of the quarter
• Leif Thorwaldsson is taking over as President and CEO today