Higher demand lifts Valuetronics' Q2 earnings to HK$39.6m

Singapore

VALUETRONICS Holdings posted a fiscal second-quarter net profit of HK$39.6 million (S$6.3 million), up from HK$3.3 million a year ago when the group registered a loss from discontinued operations of HK$31.2 million.

Excluding the discontinued operations, net profit from continuing operations for the July-September quarter rose 14.8 per cent to HK$39.6 million from HK$34.5 million.