Cirtek Electronics: Slowing global demand hits Cirtek profitability in H1

LAGUNA-BASED Cirtek Holdings Philippines Corp. said its income slid during the six months of the year ending June as global demand slowed down. The company said its income for the first half was at $2.28 million from last year's $7.52 million. "The global economic slowdown and unique industry challenges have negatively affected demand for electronic [...]