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                    [ArticleID] => 269413
                    [Title] => Ionics net loss widens 16.9% to P474M in ’04
                    [Summary] => Semiconductor firm Ionics Inc. reported over the weekend its net loss widened by 16.9 percent to P473.69 million in 2004  from P405.21 million in 2003  due mainly  to lower sales and rising expenses.


Financial statements filed with the Philippine Stock Exchange (PSE) showed that the costs of goods sold declined by 34 percent to P4.6 billion from P6.98 billion in 2003.  


Operating expenses, on the other hand, grew 15 percent to P214.78 million from only P186.28 million because of higher sales commission.


                    [DatePublished] => 2005-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
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SANMINA

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(
    [results] => Array
        (
            [0] => Array
                (
                    [ArticleID] => 269413
                    [Title] => Ionics net loss widens 16.9% to P474M in ’04
                    [Summary] => Semiconductor firm Ionics Inc. reported over the weekend its net loss widened by 16.9 percent to P473.69 million in 2004  from P405.21 million in 2003  due mainly  to lower sales and rising expenses.


Financial statements filed with the Philippine Stock Exchange (PSE) showed that the costs of goods sold declined by 34 percent to P4.6 billion from P6.98 billion in 2003.  


Operating expenses, on the other hand, grew 15 percent to P214.78 million from only P186.28 million because of higher sales commission.


                    [DatePublished] => 2005-03-07 00:00:00
                    [ColumnID] => 133272
                    [Focus] => 0
                    [AuthorID] => 1804021
                    [AuthorName] => Zinnia B. Dela Peña
                    [SectionName] => Business
                    [SectionUrl] => business
                    [URL] => 
                )

        )

)

abtest

Ionics net loss widens 16.9% to P474M in ’04

By Zinnia B. Dela Peña | March 7, 2005 - 12:00am

Semiconductor firm Ionics Inc. reported over the weekend its net loss widened by 16.9 percent to P473.69 million in 2004 from P405.21 million in 2003 due mainly to lower sales and rising expenses. Financial statements...

Business