Singapore's Sunright returns to annual profit amid business activity recovery
Singapore's Sunright returns to annual profit amid business activity recovery
Overview
Singapore semiconductor tester posted full-year pretax profit of S$4 mln
Full-year revenue rose 18% yr/yr to S$85.9 mln
Company reported net profit after tax of S$2.95 mln, reversing prior yr loss
Outlook
Company did not provide specific guidance or outlook in the provided financial statements
Result Drivers
REVENUE GROWTH - Full-year revenue rose 18% yr/yr to S$85.9 mln
BUSINESS ACTIVITY RECOVERY – Improved performance reflected a recovery in business activity
OTHER INCOME - Other income more than doubled yr/yr to S$4.37 mln
Company press release: ID:nSN3DdzgL
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
FY Pretax Profit |
| S$4 mln |
|
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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
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