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TMPV reports lower standalone sales in December quarter

TMPV reported a year on year decline in standalone net sales for the December quarter.
TMPV reported a decline in standalone net sales for the December quarter and reflecting weaker year on year performance. Revenue fell by over ten percent compared to the previous year. Analysts attributed the drop to softer demand conditions and pricing pressures. Investors will closely watch management commentary on cost control and margin recovery, and demand outlook in the coming quarters.