Micro-Mechanics Q4 profit up 61% on global semiconductor industry boom

Singapore

MICRO-MECHANICS, a Singapore-listed maker of precision tools and parts used in the semiconductor industry, reported on Monday that its net profit for the fiscal fourth quarter ended June 30, 2017 jumped 60.9 per cent from a year ago to S$4.6 million.

Its revenue grew 19.5 per cent from the previous year to S$15.4 million for the quarter - reflecting a strong growth in the global …