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Valuetronics reports 12.8% drop in Q2 net profit
Published Mon, Nov 12, 2018 · 09:50 PM
Singapore
VALUETRONICS Holdings' net profit decreased 12.8 per cent for the second quarter ended Sept 30, the electronics manufacturing services company said on Monday.
Its net profit fell to HK$44.3 million (S$7.8 million) from HK$50.8 million a year ago, on the back of lower revenue and a provision of HK$13.6 million related to flash flooding at its Danshui factory in late September 2018.
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