Manufacturing
Interplex Holdings’ H1 profit after tax soars 34% to US$20.9m
Favourable products mix and cost efficiency were a boon.
Interplex Holdings’ H1 profit after tax soars 34% to US$20.9m
Favourable products mix and cost efficiency were a boon.
Excelpoint posts lower net profit of US$4.4m in FY15
Increased creditors and accruals led to higher costs.
Chart of the Day: Here’s the lone bright spot in Singapore’s cheerless manufacturing
But even this upside will have limited effects.
UG Healthcare’s profits soar 34% to $24m in H1
Thanks to prudent expansion plans.
O&M dominance is becoming a liability for Singapore: HSBC
Local manufacturing growth will deteriorate further in 2016.
Asia Enterprises books $12.1 net loss in FY15
On back of a $9.8m inventory write down.
Valuetronics’ Q3 profits crash 25.8% to $4.6m
It ceased mass market LED light bulb production.
Hengxin Technology to nab 24% Mianyang Siemax stake worth RMB72m
It’s taking advantage of demand for fibre optic connectors.
Smartflex Holdings mulls divestment of key subsidiaries for $26.1m
It will become a cash company if the deal pushes through.
Manufacturing business outlook crumbles further as headwinds escalate
Almost a third of firms are very pessimistic.
Listed firms face steep earnings cuts as growth prospects dim
Investors are scouting for safe haven investments.
UMS snaps up 10% stake in ASF for RM145,000
It’s trying to find an alternative revenue source.
Epicentre sinks into the red in 1H16
Despite a growth in revenue.
Hi-P International, Rompa ink HK$500 JV deal
It will deal with consumer electronics packaging.
Li Heng Chemical Fibre to delist from the SGX
Public float has fallen below 10%.
Jiutian Chemical Group warns of loss for 2015
Due to deteriorating market conditions.
GKE Corporation divests 49% stake in metal logistics arm for $4.2m
It’s been battered by gloomy market sentiment.
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