SUBSCRIBERS
Micro-Mechanics Q4 profit up 61% on global semiconductor industry boom
Published Mon, Aug 28, 2017 · 09:50 PM
Singapore
MICRO-MECHANICS, a Singapore-listed maker of precision tools and parts used in the semiconductor industry, reported on Monday that its net profit for the fiscal fourth quarter ended June 30, 2017 jumped 60.9 per cent from a year ago to S$4.6 million.
Its revenue grew 19.5 per cent from the previous year to S$15.4 million for the quarter - reflecting a strong growth in the global semiconductor industry, said the company.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
UK's FTSE 100 hits record highs on Anglo-American boost
Holiday Inn owner IHG’s Q1 revenue up 2.6%, leisure travel demand remains strong
SocGen Q1 profit slumps less than expected as investment bank surprises
Wall Street Journal moves Asia headquarters from Hong Kong to Singapore
Macquarie sees biggest profit dip in 15 years on commodities downturn
HSBC appoints ex-Citi banker as new Singapore head of global banking