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Waning consumer electronics business hits Valuetronics

Anita Gabriel

Published Wed, Nov 5, 2014 · 09:50 PM

Singapore

MAINBOARD-listed Valuetronics Holdings' net profit for the second quarter slipped 8.4 per cent to HK$36.3 million (S$6 million) from HK$39.6 million a year ago due to slowing demand in consumer electronics and higher staff costs.

Revenue over the period fell by 0.7 per cent to HK$627.6 million from HK$632 million.

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Companies & Markets

Companies & Markets

Waning consumer electronics business hits Valuetronics

Anita Gabriel

Companies & Markets

Frasers Property H1 profit slides 81% on property value losses, lower residential contributions

US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties

Barclays cuts jobs in energy transition team it only just built

UMS Holdings Q1 net profit drops 44% to S$9.8 million

SIA Engineering H2 profit rises 11.5% to S$37.8 million on robust aviation MRO demand

Great Eastern shares jump 39% as OCBC mounts S$1.4 billion privatisation bid at S$25.60 per share

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