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SGX queries electronics manufacturer PCA Technology on significant profit margin decline
Blame it on significant decrease in our consignment business, says PCA Technology.
In relation to PCA's announcement dated October 7, the Board of Directors responded to SGX's request for elaboration on the significant decrease in gross profit margin.
According to the Board, "the main reason for the decrease in our gross profit margin in the first six months of FY2012 is due to the significant decrease in our consignment business which gives us higher gross margin."
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