Frencken Group's Attributable Profit Up 12% in Q1

MT Newswires

05/21

Frencken Group's (SGX:E28) net profit attributable to equity holders was up 12% during the first quarter of the year to SG$10 million from SG$9 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Gross profit margin rose to 14.8% from 13.7% a year earlier.

Revenue was up 12% year over year to SG$215.8 million from SG$193.6 million, mainly due to strong performances from the semiconductor segment.

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