Micro-Mechanics' Profit After Tax Surges 73% in Fiscal Q3; Shares Up 6%
MT Newswires
Apr 30
Micro-Mechanics' (SGX:5DD) profit after tax for the fiscal quarter ended March 31, surged 73% to SG$3.2 million from SG$1.8 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.
Earnings per share rose to SG$0.0229 compared with SG$0.0133 in the comparable period.
Revenue was up 17% year over year to SG$16 million from SG$13.6 million.
Shares of the company that designs and manufactures high precision parts and tools used in process-critical applications were up nearly 6% in recent trading.
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