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Taiwanese Golf Gear Maker Reportedly to Supply iPad Housing

2010/11/30
Taipei, Nov. 30, 2010 (CENS)--Advanced International Multitech Co. (AIM), Taiwan's leading golf gear maker, will reportedly receive orders for iPad housings from Apple.

To diversify its line, AIM established a carbon-fiber composite department a few years ago to develop products for other industries. The department has turned out propellers for remote-controlled miniature airplanes to Thunder Tiger, a manufacturer of mini toys in Taiwan, and toy robot components for Tomiya, a Japanese toy manufacturer, generating monthly revenues of NT$40-50 million (US$1.25-1.56 million).

Thanks to the increasing orders from TaylorMade, a leading golf brand and one of its major clients, AIM is expected to ship golf products worth NT$600 million (US$18.75 million) in December, growing sizably by 20%.

AIM's Revenues from Q4 2009 to Q3 2010

Time

Q4 2009

Q1 2010

Q2 2010

Q3 2010

Revenues (NT$B)

1.886

2.584

2.618

1.616

After-tax profits (NT$B)

0.183

0.204

0.25

0.061

EPS (NT$)

1.48

1.56

1.91

0.46


(by Judy Li)
 
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