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S71 — Sunright News Story

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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


Reuters Recommended Reads

  • Sept 28 - Hong Kong's Aeon Credit Service HY revenue and profit rise

  • Sept 28 - Hong Kong's FSE Lifestyle Services FY net income falls, partly on higher administrative expenses


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(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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