Mirle Automation, a Taiwan-based producer of automation equipment for industrial use, has reported its financial report for the third quarter of 2011, recording January-September net EPS of NT$1.93 (US$0.06).

Third-quarter revenues and gross margin decreased from the preceding quarter due to weak demand from panel and solar cell makers, Mirle indicated. Having received orders for shipments scheduled for the second quarter of 2012, Mirle expects its operations in the fourth quarter of 2011 to remain unchanged sequentially.

Source:digitimes