Fengtai Q4 operations will pick up

2020-08-26 10:03
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According to Taiwan media MoneyDJ, Fengtai's revenue in July continued to cool from June, but the good news is that the company's revenue outlook for August and September has shifted to a more optimistic one, seeing opportunities for month-on-month growth.The company said that as the inventory adjustment of major major customers has been effective, it believes that the sales volume of Fengtai in the third quarter will be flat or slightly lower than the second quarter, but the industry is expected to bottom out. The current direction of customers is that the revenue in the fourth quarter will grow from the third quarter.