GEM Services Clarifies Report on Capacity Utilization, Earnings Outlook

MT Newswires Live
08/10

GEM Services (TPE:6525) clarified a MoneyDJ report about its capacity utilization, revenue outlook and earnings, stating it did not represent company guidance.

The MoneyDJ report said the company's utilization rate had reached nearly 90% amid strong data-center server demand and tight packaging and testing capacity. It also projected double-digit revenue growth, a record full-year result and EPS of NT$8.

GEM Services advised investors to refer to its official disclosures on Taiwan's Market Observation Post System and exercise caution when evaluating media reports.

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