Ritek expected to enjoy 20% gross margin this year

Thursday, January 23, 2003

Ritek expected to enjoy 20% gross margin this year

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According to DigiTimes "...Ritek is likely to enjoy a 20% gross margin along with 10-20% revenue growth this year, one foreign investment firm said. If CD-R disc prices rise to US$0.20 per unit in March as the market anticipates, Ritek will be able to swing to a profit this year, the firm said..."

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