Eric Chen, President of General Management and CFO stated, "Looking forward to 2024, Advantech remains prudently optimistic. The overall BB ratio has shown a sign of gradual recovery, indicating regional markets have basically bottomed out. The 1Q24 revenues are projected within the $440 million USD to $460 million USD range, the gross margin will be in the range of 39% to 41%, and the operating profit margin will be in the range of 14% to 16%." [...]

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ADVANTECH Co. Ltd. published this content on 06 March 2024 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 06 March 2024 09:28:04 UTC.