Frencken: FRENCKEN Group’s net profit fell 12.6 per cent year-on-year to S$12.8 million in Q1 due to higher costs and heightened supply chain challenges in the second half of FY2021.“Higher prices of materials, freight and energy in 1QFY22 compared to 1QFY21 have driven up input costs and the group is working on cost mitigation actions,” the mainboard-listed company said in a business update on Tuesday (May 17).Revenue went up 9.3 per cent year-on-year to S$198.4 million, driven primarily by double digit sales of the group’s mechatronics division, which accounted for 87.1 per cent of the manufacturer’s revenue in Q1.
$FRENCKEN GROUP LIMITED(E28.SI)$Frencken: FRENCKEN Group’s net profit fell 12.6 per cent year-on-year to S$12.8 million in Q1 due to higher costs and heightened supply chain challenges in the second half of FY2021.“Higher prices of materials, freight and energy in 1QFY22 compared to 1QFY21 have driven up input costs and the group is working on cost mitigation actions,” the mainboard-listed company said in a business update on Tuesday (May 17).Revenue went up 9.3 per cent year-on-year to S$198.4 million, driven primarily by double digit sales of the group’s mechatronics division, which accounted for 87.1 per cent of the manufacturer’s revenue in Q1.
$UMS HOLDINGS LIMITED(558.SI)$UMS Holdings net profit rises 26% in Q1 2022 driven by semiconductor demandMAINBOARD-LISTED precision-engineering company net profit for the first quarter ended Mar 31, 2022 rose 26 per cent year on year to S$19.4 million from S$15.4 million previously.It also announced an interim dividend of 1 Singapore cent per share for the quarter ended March 31.
$UMS HOLDINGS LIMITED(558.SI)$UMS Holdings net profit rises 26% in Q1 2022 driven by semiconductor demandMAINBOARD-LISTED precision-engineering company net profit for the first quarter ended Mar 31, 2022 rose 26 per cent year on year to S$19.4 million from S$15.4 million previously.It also announced an interim dividend of 1 Singapore cent per share for the quarter ended March 31.