Main takeaway: Company looks to diversify due to core revenue weakness.
Lower sales volumes through Rakon’s telecommunications and positioning industry customers has led to inefficiencies that are weighing on the company’s gross margin, but the company's leaders say its fortunes will reverse once it "gets up on its foils".
The NZX-listed oscillator maker invoked the
Want to read more? It's easy.
Choose your best value subscription option
Student
Exclusive offer for uni students studying at a New Zealand university (valued at $499).