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Valuetronics Q3 profit up 36%

Published Fri, Feb 9, 2018 · 09:50 PM
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Singapore

INCREASED demand for both industrial and consumer electronics lifted results for Valuetronics for its third quarter.

Net profit went up 35.7 per cent to HK$58.2 million (S$9.9 million) from the previous year, the group said in a Singapore Exchange filing on Friday.

For the three months ended Dec 31, revenue climbed 34.2 per cent to HK$788.3 million from the previous year. The firm recorded stronger performance in both its segments of consumer electronics, and industrial …

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