frencken
Q&M Dental, Frencken, Zhongmin Baihui Retail, Accrelist directors add to stakes
Over the five trading sessions,from Nov 28 to Dec 4, more than 80 director interests and substantial shareholdings were filed
Frencken Q3 profit rises 7.5% to S$9.9 million, expects marginally lower revenue in H2
Revenue up 6.5% at S$211.5 million from S$198.6 million, driven mainly by mechatronics division
Frencken posts 9.9% rise in H1 profit to S$19.9 million
Revenue for the period is up 15.7% year on year to S$431.4 million
Semiconductor manufacturer Frencken to build new S$63 million plant in Kaki Bukit
The new facility will allow the group to scale up its business with key wafer fab equipment customers
Frencken posts 29.3% rise in Q3 profit to S$9.2 million
It says it is aware of trade restrictions that could hurt the tech sector, but holds a positive outlook for the longer term
Hot stocks: Semiconductor plays stumble amid rising short interest
A S&P report noted that Frencken, UMS and AEM were among the top five most shorted stocks on the Singapore bourse
Frencken posts 50.3% rise in H1 profit to S$18.1 million
Revenue for the period is up 6.2% to S$372.7 million
Frencken Q1 earnings up 73% to S$9 million on back of revenue growth, higher gross profit margin
Revenue for the quarter rose 12.2% year on year to S$193.6 million
Hot stocks: Semiconductor plays punished on earnings disappointment
Lower customer demand, weak semiconductor sales and global industry slowdown cited as reasons for poor showing
Brokers’ take: Analysts raise Frencken targets after earnings beat forecasts; bullish on recovery
ANALYSTS have raised their target prices on Frencken Group and maintained their “buy” recommendations after the group’s second-half results for 2023 beat expectations.
