Hi-P's Q1 gross profit hit by a tough market
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Singapore
ALTHOUGH the US-China trade war is still in action, mainboard-listed contract manufacturer Hi-P International plans "to turn such impact into opportunities", chief executive and chairman Yao Hsiao Tung has said.
On a sharp drop in forex-related expenses, Hi-P International posted a first-quarter net profit of S$10.7 million for the three months to March 31 - up by 5.8 per cent year on year.
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