Miyoshi Q1 net profit leaps 129.5 per cent to S$746,000

Published Thu, Jan 11, 2018 · 02:00 PM

AN INCREASE in orders from its automotive customers lifted results for Miyoshi Limited in its first quarter.

For the three months ended Nov 30, revenue rose 4.4 per cent to S$13.8 million from the year-ago period.

Net profit leapt 129.5 per cent to S$746,000 from the previous year's profit of S$325,000, the group said in a Singapore Exchange filing on Thursday evening.

Earnings per share jumped to 0.15 Singapore cent from 0.07 Singapore cent in the previous year.

Net asset value per share dipped to 11.24 Singapore cents as at Nov 30, from 11.55 Singapore cents three months ago.

Miyoshi shares closed flat at S$0.076 on Thursday.

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Companies & Markets

Companies & Markets

Miyoshi Q1 net profit leaps 129.5 per cent to S$746,000

Companies & Markets

HCA beats first-quarter profit estimates on higher patient admissions

F&B operator YKGI to exclusively operate Chicha San Chen in Macau for next eight years

LMIRT Q1 net property income dips 3.1% to S$30 million on higher expenses

Exxon misses on Q1 profit despite big gains in Guyana

US FDA approves Pfizer’s gene therapy for rare bleeding disorder

Chevron's quarterly profit beats estimates

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