Serial System eyes US$1b sales by end of year
Singapore
SERIAL System expects to hit its US$1 billion revenue target by the end of this financial year. This comes as the electronic-parts seller on Tuesday reported a 50 per cent boost in net profit for the third quarter compared to a year ago, on higher sales.
Net profit for the three months ended Sept 30, 2014 stood at US$4.32 million, up from US$2.87 million. This translated to earnings per share of 0.49 US cents, up from 0.32 US cents a year ago.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Microsoft, Brookfield to partner on renewable energy projects
UK house prices fall again after mortgage rates creep higher
Why the yen is so weak and what that means for Japan
UAE's top bank FAB beats Q1 profit estimates
IndoAgri appoints former EDB chairman Philip Yeo as chairman and lead independent director
US, Philippines eye agreement to cut China nickel dominance