Unitech Electronics (TWSE: 3652) announced today its consolidated revenue for March at NT$185 million, marking a 19.6% decrease compared to the same period last year.

For the cumulative first quarter, revenue amounted to $496 million, marking a 7.1% decrease compared to the same period last year.

Last March, there were significant shipments to large project customers in the Americas and Europe, resulting in higher revenue. Excluding these specific project shipments, the first quarter was part of the traditional slow season. As we enter the second quarter, we expect demand to increase, leading to gradual revenue growth.