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ZyXEL Communications to post 30% revenue growth in 2002.
Taipei, Jan. 30, 2002 (CENS)--ZyXEL Communications Corp. said yesterday that the firm's pretax profit would have the opportunity to hit NT$550 million in 2001, with earnings per share (EPS) surpassing NT$2.35. Its revenue may grow 30% in 2002 due to increasing orders from Europe
Institutional investors said that ZyXEL Communications' newly developed broadband equipment was warmly received in the market. This, together with increasing orders from Europe, will help the firm post pretax EPS of NT$3.5 in 2002, higher than NT$2.92 predicted previously
ZyXEL Communications recovered from the prolonged sluggish sales beginning in the third quarter of 2001. The …
