Gemalto Reports Fall In First-Half Profits

摘要

France-based Gemalto, the largest supplier of smart cards worldwide, reported last month profits fell for the first half of 2007, which the vendor blamed on losses in its banking card unit and lower STM sales. Net profit dropped by 15.2% to 24.5 million euros (US$31.9 million) and operating profit margin came in at only 2%, about half the operating margin for the first half of 2006. Gemalto earlier reported sales of just under 760 million euros for the first half of 2007, down 10.2% at actual exchange rates.