Manufacturing
Frencken Group profit jumps 50.3% in H1 2024 on mechatronics growth
Its Mechatronics Division reported a 7.9% YoY revenue increase.
Sri Trang Gloves establishes new unit in China
This will be for gloves packing and distribution.
Figtree reports loss of $1.7m for H1; loss per share is 0.45
It is mainly due to no revenue from the OJJ Foods project.
Nanofilm narrows net loss by 51.1% in H1 2024
Net loss for the period was reduced to $3.7m from $7.6m.
UMS H1 net profit drops 35% to $19.5m
The decline was due to lower sales.
CNMC Goldmine's H1 net profit hits eight-year high with US$4.4m
The increase was due to a rise in gold output in its flagship mine in Malaysia.
Fu Yu reverses losses with $72k net profit in H1 2024
Revenue grew 78% to $126.7m.
BRC Asia revenue contracts 17% YoY in Q3 2024
Their profit after tax stood at $34.1m.
Oiltek’s net profit soars to 50% for H1 2024
As of 30 June the group's financial position is with zero debt.
Riverstone Holdings' revenue climbs 7.4% in H1 2024
However, revenue for Q2 2024 remains stagnant.
AsiaPhos anticipates rebound in Q2 2024
The company reported a net loss of $0.38m in H1 2023.
Aztech Global’s net profit up 8.7% YoY in H1 2024
Net profit for the period amounted to $46.7m.
Baker Technology net profit surges 189% YoY to $11.9m in H1 2024
It was mainly driven by higher chartering revenue and lower administrative expenses.
Manufacturing output drops 1.6% YoY in June
Excluding the biomedical manufacturing segment, output would’ve increased by 1.7% YoY.
Industrial property sales up 25.1% in Q2 as manufacturing grows
Data centres and EVs may be key to the industrial sector’s growth.
Pan-United launches electric concrete mixer truck
It features a robust 350 kWh battery, delivering up to 360 kW at peak power.
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