Demand from new and existing customers continues to drive profitable growth
Santa Ana, CA, April 10th, 2023 -- PARPRO (4916:TW), a full service Contract Manufacturing Services company specializing in electronics manufacturing services is pleased to announce record high bookings in the first quarter, the highest quarterly amount in PARPRO’s history. The Q1 bookings include three significant accounts that alone total $26 Million from both newly acquired and repeat customers in the aerospace/defense and gaming industries. This strong performance was attributed to PARPRO’s success as a leading EMS solutions provider supporting vastly different markets in a diversity of projects, size, scope, and geographic locations.
“PARPRO started the year with solid momentum and a very strong backlog, and I’m so pleased to have booked record results in Q1 despite the backdrop of a challenging macro environment.” Said Thomas Sparrvik, CEO. “While the global economy continues to experience some challenges under the weight of inflationary pressures and continued tight supply chains, I remain confident in our strategy and positioning to drive profitable growth, and positive in achieving our ambitious financial objective for 2023.”
PARPRO was selected for its capabilities of providing a high mix of complex electronic assemblies with highly specialized requirements, rigorous standards of reliability and quality and because of its expertise and proven track record that extends beyond traditional manufacturing. This has enabled us to successfully compete with some of the world’s largest contract manufacturers thus winning new programs and expanding our customer base.
PARPRO is a full service manufacturing company with an emphasis on EMS and OEM solutions. We offer comprehensive engineering-rich hardware systems with low-to-high volume manufacturing and integration/test capabilities, and pride ourselves on delivering simple to complex solutions making our manufacturing offerings competitive at virtually any volume and with any sourcing strategy. We serve customers in the aerospace, gaming/infotainment, telecommunications and industrial markets providing time savings and cost optimization by minimizing margin stacks throughout the value chain. PARPRO is a public company traded on the Taiwan Stock Exchange – PARPRO (4916:TW). For more information on investor relations reporting and regulatory information – please click here. For more information, press only: Justine Uyemura +1 (760) 649-6086 - email@example.com