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March 23, 2022
Integrated Micro-Electronics, Inc. (IMI) reported a net loss of $10.6 million in 2021, 66 percent more than its net loss of $6.4 million in 2020. In a disclosure to the Philippine Stock Exchange, the firm said the loss is “due to increased growth and technology-related investments in non wholly-own
March 23, 2022
Ayala-led Integrated Micro-Electronics Inc. (IMI) widened its losses to $10.56 million last year from the previous $3.55 million. The company attributed the wider losses due to increased growth and technology-related investments in non-wholly owned subsidiaries, along with high raw material prices and elevated logistics expenses. Revenues rose 15 percent to…
November 1, 2021
Ayala-led Integrated Micro-Electronics Inc. (IMI) said its losses in January to September narrowed to $5.32 million from last year’s $11.93 million, partly as a result of the recovery in its revenues. Revenues grew 23 percent to $972.97 million, from last year’s $788.62 million. For the third quarter alone, it still…