Manufacturing
Fortress Minerals sees over 19% net profit after tax decline in 9M 2024
Fortress Minerals sees over 19% net profit after tax decline in 9M 2024
Revenue also declined by 7.48% to $52m.
Tan Chong warns of unrealised loss in FY2024
The company expects a loss of $29m.
Electronics lead 8.5% YoY rise in manufacturing output for November
The sector rose by 26.2% YoY.
Manufacturing sector continues expansion as December PMI edges up to 51.1
December marks the 16th month of expansion for the overall manufacturing sector.
Singapore’s manufacturing output grows by 8.5% in November 2024
In electronics, output increased 26.2% YoY.
GVT secures supplier role for thermal compression bonding equipment
They were chosen by a global semiconductor assembly and packaging equipment manufacturer.
Miyoshi Limited to sell Malaysia property for $4.27m
The group expects a gain of about $1.7m from the disposal.
Fuxing China sells subsidiary for $1.6m
The sale equity recorded a negative book value of $2.7m.
PMI slips 1.6 points in November
November marked the 21st consecutive month of expansion in Singapore's private sector.
Far East Group establishes board sustainability committee
The group has appointed Linda Hoon Siew Kin as the independent director.
PNE Industries' net profit rises to $1.09m in H2 2024
Earnings per share stood at 1.3 cents.
Mixed cluster performance slows manufacturing growth to 1.2% YoY in October
In September, manufacturing output rose by 9.8 YoY.
BRC Asia’s net profit hits record $93.5m in FY2024
Net profit was up 23% YoY.
Frencken’s PATMI rises 29.3% YoY in Q3 2024 on revenue growth
Revenue rose 7.7% YoY to $372.7m.
Oiltek’s net profit swells by 83.2% to $2.61m in 3Q 2024
Net profit for 9M2024 also increased by 63.9% to $5.78m YoY.
Jardine C&C 9M 2024 profits weighed down by weak car sales, currency
Singapore, Indonesia, and Vietnam all had reduced contributions.
GP Industries’ profit rises by almost 63% YoY in H1
Revenue increases were seen in its battery and audio businesses.
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