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Asustek Q3 returns to black, beats forecasts

Published: 26 Oct 2009 17:05:43 PST

TAIPEI, Oct 27 - Netbook PC pioneer Asustek <2357.TW> said it had returned to the black in the third quarter, beating market expectations and foreshadowing similarly strong results from its peers in coming days.

It made a third-quarter net profit of T$6.497 billion ($199 million), it said in a filing to the stock exchange late on Monday, better than market expectations for a T$2.97 billion net profit according to a poll by Thomson Reuters I/B/E/S.

The firm made a net profit of T$6.38 billion during the same period a year ago.


Source: Reuters

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