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Strong sales, positive outlook spur Abit to raise financial forecast

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Strong sales, positive outlook spur Abit to raise financial forecast

After a strong showing in the second quarter, Abit Computer plans to raise its 2003 full-year financial forecast, increasing revenue projections by 40.6% from NT$7.99 billion to NT$11.236 billion, and pre-tax profits by 140% from NT$417 million to NT$1.0 billion. The company plans to make the official announcement at a press conference on July 25.

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