Micro-Mechanics Q4 profit jumps 45.5% on broad-based sales growth

Singapore

MICRO-MECHANICS on Friday reported a 45.5 per cent rise in its net profit to about S$3.9 million for its fourth fiscal quarter ended June 30, 2020, from S$2.7 million in the year-ago period.

Strong revenue growth gave a boost to its bottom line, said the mainboard-listed company, which manufactures high-precision tools and parts used in process-critical applications for the semiconductor industry.