Valuetronics posts 2.6% drop in profit, proposes dividends of 20 HK cents a share

Singapore

MAINBOARD-LISTED Valuetronics Holdings' net profit declined 2.6 per cent to HK$199.5 million (S$35.1 million) for the year ended March 31, from HK$204.7 million a year ago, amid mixed performance from its two business segments.

This translates to an earnings per share of around 46.2 HK cents, down from 48.1 HK cents in 2018, the electronics manufacturing services firm said on Wednesday before market opened.