Brief: Frencken Group Posts Qtrly Profit Attributable S$11.2 Mln Vs S$11.0 Mln

Frencken

27/02/2020 12:27

Feb 27 (Reuters) - Frencken Group Ltd  FREN.SI :
    * QTRLY PROFIT ATTRIBUTABLE S$11.2 MILLION VERSUS S$11.0
MILLION
    * QTRLY REVENUE S$165.6 MILLION VERSUS S$175.7 MILLION
    * FRENCKEN GROUP LTD RECOMMENDS A FIRST AND FINAL EXEMPT
(ONE-TIER) DIVIDEND OF 3.00 CENTS SHARE
    * BARRING ANY SEVERE SUPPLY CHAIN DISRUPTIONS FROM COVID-19
REVENUE OF SEMICONDUCTOR SEGMENT IS EXPECTED TO INCREASE YOY IN
1Q20
    * EXPECTS OPERATING LANDSCAPE IN FY2020 TO REMAIN
CHALLENGING
    * REVENUE OF MEDICAL SEGMENT IS ALSO EXPECTED TO POST YOY
GROWTH
IN 1Q20
    * REVENUE OF INDUSTRIAL AUTOMATION SEGMENT IS EXPECTED TO
DECREASE
YOY IN 1Q20.
    * AUTOMOTIVE SEGMENT IN 1Q20 IS EXPECTED TO POST LOWER
REVENUE AS
COMPARED TO 1Q19

Source text for Eikon:  ID:nSN9tNssj 
Further company coverage:  FREN.SI 

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