Sunningdale Q2 profit more than doubles to S$8.2m

Singapore

MANUFACTURER of precision plastic components Sunningdale Tech Ltd saw its second quarter net profit surge 115.3 per cent to S$8.2 million from the previous year, the group said in a Singapore Exchange filing on Wednesday evening.

For the three months ended June 30, revenue rose 6.6 per cent to S$177.6 million from the previous year, driven by growth in the group's automotive and consumer/information technology (IT) segments.