Cirtek Holdings Philippines Corp. is expecting accelerated sales growth for this year as it looks to expand its customer base with the introduction of new products. In 2015, the core earnings rose to $5.1 million from the $3.8 million of 2014. This information was revealed in the same statement from the company, which expressed its desire for a 35% increase.
At least ten new products are expected to be released this year, with the company collaborating with subsidiaries Cirtek Electronics Corp. and Cirtek Advanced Technologies and Solutions, Inc. The company is presently evaluating acquisition opportunities that will either scale up manufacturing operations or provide high end R&D capabilities.
