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November 16, 2007 |
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PACCO TECH: October Sales Up 190.34% Year-on-Year Pacco Tech Co. Ltd.'s sales in October 2007 rose 190.34% to TWD1,623,000, Bloomberg News reports. Sales in Oct. 2006 totaled TWD559,000. The company's year-to-date sales amounted to TWD3.40 million, a 97.46% decline year-on-year. Pacco Tech's sales in September 2007 also rose 651.85% year-on- year to TWD1,624,000, while it fell 99.97% to TWD2,000 in August. Pacco Tech Co. Ltd. -- http://www.paccogroup.com/ -- is a Taiwan-based company engaged in the manufacture and sale of electronic products, as well as construction business. The company has annual net losses of TWD12.0 million, TWD265.3 million, TWD147.7 million, TWD391.6 million, TWD100.0 million for the years ending Dec. 31, 2002, through 2006. As of June 30, 2007, the company had total assets of TWD282.3 million and total liabilities of TWD617.5 million, resulting in a capital deficiency of TWD335.2 million. |
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