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.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Stocks to watch: CLI, Great Eastern, MIT, Sheng Siong, iFast, OUE, Far East Orchard
ByteDance prefers TikTok shutdown in US if legal options fail: sources
CapitaLand Investment posts total revenue of S$650 million for Q1
Pricey coffee is here to stay as hoarding, heat hit Vietnam supply
Toyota is investing US$1.4 billion to build another all-electric SUV in US
Airbus net profit soars 28% in first quarter