Eucon reports net loss in 3Q

Mainboard-listed Eucon Holding, the integrated PCB solutions provider in China and leading independent PCB laser driller in Taiwan, has reported a net loss of $0.8 million for third quarter ended 30 September 2011 (3Q11) compared to net profit of $1.5 million in 3Q10.

For the third quarter (3Q11), the group reported revenue of $24.6 million, a decrease of 27% from $33.9 million from the corresponding period in 2010 (3Q10). This decrease is mainly due to drop in quarterly revenue from PCB segment and laser drilling segment.