Valuetronics Holdings, the premier design and manufacturing partner for the world’s leading brands in the consumer, commercial and industrial electronics sectors, says the group posted a 7.8% increase in net profit after tax to HK$13.5 million ($2.47 million) for the quarter ended 31 December 2009 (3Q FY2010).

Revenue for 3Q rose 17.6% to HK$291.6 million, achieved from higher revenue contribution boosted by the increase in customers’ orders.

OEM revenue showed an increase of 19.3% to HK$245.4 million, in tandem with the increase in orders from some major customers.

Revenue from the ODM segment increased 9.6% to HK$46.2 million in 3Q FY2010. The increase was lifted by additional sales from the new ODM projects to a Fortune 500 MNC customer.