Thai baht devaluation impact on PCB factory-quarter profit
SJ Techologies Ltd
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Time: 2013-8-22
Previous quarter baht devaluation weight, impact-quarter profit on a PCB plant in Thailand,
competing countries (6108), F-Trident (4927) appeared 120 million yuan the previous quarter,
$ 80 million foreign exchange loss, packed single-quarter profit outlook this season fluctuations
in exchange rates eased the pressure loss on foreign exchange is expected to greatly reduced.
According quote data showed the U.S. dollar against the baht April 1 Sunset at 29.27 in the second quarter
rate soared to 32.07,
equivalent to a rate of 9.56 percent devaluation of the baht,
and then the end of the second quarter to June 28 exchange rate 31.1 basis,
the depreciation rate still as high as 6.25 percent, adding to the difficulty of
operating local Thai manufacturers.
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