Corporate digest

Miyoshi

ENGINEERING group Miyoshi Ltd posted a third-quarter net profit of S$408,000, a reversal from a net loss of S$366,000 in the previous year, the group said in a Singapore Exchange filing on Monday morning.

For the three months ended May 31, revenue rose 11.1 per cent to S$12.9 million from the previous year. The increase in revenue was due partly to more orders from automotive and data storage customers, it said. Earnings per share came in at 0.09 Singapore cent, a reversal from a loss per share of 0.08 Singapore cent in the year-ago period.