Mon, Dec 09, 2013 - Page 14 News List

Local earnings to rise another 14%: report

By Kevin Chen  /  Staff reporter

Certain downstream tech companies like Hon Hai Precision Industry Co (鴻海), whose sales fell 3.18 percent year-on-year in the first 10 months, and Catcher Technology Co (可成), which reported a 18.22 percent increase in overall sales during the first 10 months, are also favored by Credit Suisse because of potential positive sales drivers next year.

Meanwhile, CTBC Financial Holding Co (中信金控), contact lens manufacturer St Shine Optical Co Ltd (精華光學) and EVA Airways Corp (長榮航空) are being picked because they are still in the early part of their up-cycle or have a growth profile in the long term.

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