Thai Hana sees 2009 revenue better than expected

25 August 2009 @ 08:26 am EDT

Thai integrated circuit packager, Hana Microelectronics PCL HANA.BK, said on Tuesday it expected 2009 revenue to fall less than the 25-30 percent drop forecast previously, and projected better profits for the second half.

It aims to keep gross margins at the rate close to the 17 percent of the second quarter and planned to increase staff for the rest of the year, chief executive Richard Han told an analysts' meeting. ($1=34.01 Baht) (Reporting by Arada Kultawanich; Editing by Jason Szep)

Copyright 2009 Thomson Reuters. All rights reserved.

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