UEL's Multi-Fineline expects 25% rise in Q1 net sales
Singapore
UNITED Engineers Limited's subsidiary Multi-Fineline Electronix (MFLEX) said it expects net sales in the first quarter of 2015 to be between US$145 and US$150 million, at the mid to high end of the company's guidance range of US$130 to US$160 million.
In a statement which UEL lodged on SGX on Friday, MFLEX noted that this sales figure represents an approximate 25 per cent increase from the prior year's figure of US$117.8 million.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Starbucks points to weaker consumer as profit falls
Trump social media firm's rising shares pressure short-sellers: S3
Oil eases on higher US crude output, hopes of Israel-Hamas ceasefire
Europe: Stoxx ends lower as auto giants weigh; investors parse inflation data
US: Wall Street stocks fall as markets weigh strong wage data, Fed meeting
Carnival’s Princess brand revises 2025 world cruise routes amid Red Sea tensions