Brokers' take: More earnings upside seen for Valuetronics

RHB analysts Jarick Seet and Lee Cai Ling said:"As trade war-related tariffs may be removed in phases, and as Valuetronics secures new customers in the communications sector, there should be some positive earnings upside ahead."

UOB's Mr Cheong acknowledged such efforts to diversify the locations of its manufacturing facilities provides for long-term growth. "We understand customers are already in discussion with Valuetronics on potentially leveraging its Vietnam facilities for newer generations of products down the road," he added.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Tuan Sing Q3 earnings slump 95% on revenue drop, higher finance costsTuan Sing Q3 earnings slump 95% on revenue drop, higher finance costs.
Source: BusinessTimes - 🏆 15. / 51 Read more »

ComfortDelGro 3Q earnings downSINGAPORE - A still deflating taxi business in Singapore pulled transport giant ComfortDelGro Corp's net earnings down by 10.8 per cent to $70 million for the third quarter ended Sept 30.. Read more at straitstimes.com.
Source: The Straits Times - 🏆 8. / 63 Read more »

Hatten Land Q1 profit jumps to RM2.6m on higher earnings from projectsCATALIST-LISTED Hatten Land on Wednesday posted a first-quarter net profit of RM2.6 million (S$0.85 million) for the three months ended Sept 30, more than six times its net profit of RM424,000 in the year-ago period. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »