Advantech saw its consolidated revenues decline 20.68% on month and 7.75% on year to an 11-month low of NT$3.034 billion (US$98.086 million) in January.
Shipments of Advantech's industrial solutions to Europe and North Asia still grew robustly in January, while those shipped to emerging markets were picking up slowly, according to a Chinese-language Economic Daily News (EDN) report.
The company had total revenues of NT$42.002 billion in 2016, increasing 10.42% from a year earlier.
The company's stock price shed NT$2 to close at NT$263 on the Taiwan Stock Exchange (TSE) during the February 7 session.