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Micro-Mechanics Q2 net profit down 20%

Janice Heng
Published Sun, Jan 27, 2019 · 09:50 PM
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Singapore

AMID moderation in the global semiconductor industry, Micro-Mechanics (Holdings) posted a 20 per cent fall in net profit to S$3.1 million in the second quarter ended Dec 31, 2018, down from S$3.9 million in the year-ago period.

This was on the back of a 3.1 per cent fall in revenue to S$15.2 million, down from S$15.6 million.

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