Frencken’s Q1 net profit up 12% YoY
This was driven by higher contributions from the mechatronics division.
Frencken reported a 12% year-on-year (YoY) increase in net profit to $10.0m in Q1 2025.
Revenue for the period rose 11.5% YoY to $215.8m, driven by higher contributions from the mechatronics division.
The mechatronics division’s revenue increased 14.9% YoY to $195.4m driven by higher revenue contribution from the semiconductor segment.
The semiconductor segment posted a revenue gain of 33.7% YoY to $106.2m, making up 49% of the revenue for the quarter.
Meanwhile, the IMS division’s revenue decreased 13.9% YoY to $19.7m, mainly due to lower contributions from the automotive, and consumer and industrial electronics segments.
Revenue from the automotive segment dropped 15.7% YoY to $14.1m whilst revenue from the consumer and industrial electronics segment fell 14.0% YoY.