, as sales in the seasonal industrial automation segment made up for the slump in semiconductor-related revenues. Net profit came in 27.2 per cent higher for the three months to March 31 at S$8.6 million, on a 14.7 per cent year-on-year increase in turnover to S$159.1 million, it announced on Thursday. The counter closed flat at S$0.615 on Thursday before the results were released.
from the preceding year, helped by a decrease in operating expenses such as foreign exchange losses, it announced on Thursday. Revenue for the three months ended March 31 fell 13.5 per cent to S$46.6 million from the previous year, primarily due to lower sales from the retail and trading of jewellery and branded merchandise business. Maxi-Cash shares finished S$0.005 or 3.9 per cent higher at S$0.135 on Thursday.
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