Hi-P product rejig lifts Q2 earnings
Net profit rises 16.9% to S$14.4m, as margins improve on product mix change and new products
Add BT as a preferred source
DeeperDive is a beta AI feature. Refer to full articles for the facts.
Singapore
AS global trade relations run amok, mainboard-listed contract manufacturer Hi-P International's business transformation efforts are paying off.
Net profit for the second quarter to June 30 grew by 16.9 per cent year on year to S$14.4 million, according to results out on Thursday, as margins improved on a change in product mix and the launch of new products.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Singaporeans can now buy record amount of yen per Singdollar
Beijing’s calculated silence on the Iran war
China pips the US if Asean is forced to choose, but analysts warn against reading it like a sports result
StarHub hands Ensign InfoSecurity control back to Temasek in S$115 million deal, books S$200 million gain
