DBS Group Research has initiated coverage on electronics manufacturer Valuetronics Holdings with a "hold" call and a target price of S$0.53.

VALUETRONICS Holdings posted a 10.3 per cent drop in net profit to HK$178.9 million (S$32.3 million) for its full year ended March 31, down from HK$199.5 million a year earlier.

VALUETRONICS Holdings posted a 10.3 per cent drop in net profit to HK$178.9 million (S$32.3 million) for its full year ended March 31, 2020, from HK$199.5 million a year ago.

VALUETRONICS said on Wednesday that its factories at Huizhou in China's Guangdong province resumed operations this week, though some workers have been unable to return to work.

BROKERAGES here are largely bullish on the prospects of Valuetronics Holdings.

BT EXCLUSIVE

THE US-Sino trade war and the fallout on the Chinese yuan are both benefiting and hurting Singapore companies - depending on what's their currency of costing and sales vis-a-vis their reporting...

ELECTRONICS manufacturer Valuetronics Holdings reported a 3.1 per cent drop in net profit to HK$48.1 million (S$8.5 million) for its first quarter ended June 30, from HK$49.7 million for the year-...

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...

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A DROP in income tax expense lifted Valuetronics Holdings' third-quarter net profit, despite a 7.5 per cent decline in revenue....