than the volume in Q3 2020. The main reason for the lower than plan revenue was largely due to microchip shortages and the 4th wave of Covid-19 starting in July 2021. Demand for cars remained strong
profit 34,312 47% 20,859 50% Sales from Producing and distributing electronics spare parts Revenue from sales increased from year 2019, because of increased in diode order from USA to substitute products
China were strong, grew 6.6% and 39.49% year-on-year respectively and outperformed the industry. Portugal, however, reported a reduction in volume by 25.42% due to microchip shortage which has negatively
Portugal operations were impacted by microchip shortages and the 4th wave of Covid-19 starting in July 2021, hence a relatively lower base in Q3 2021, and management’s effort to diversify into more product