Home Capital Broker's Calls

Maybank likes this chip equipment tool specialist as it rides on the robust global chip sales

Samantha Chiew
Samantha Chiew8/22/2017 03:40 PM GMT+08  • 2 min read
Maybank likes this chip equipment tool specialist as it rides on the robust global chip sales
SINGAPORE (Aug 22): Maybank Kim Eng likes Micro-Mechanics as it's earnings jumped 23-27% y-o-y over 2Q-3Q17 as turnover was buoyed by robust global chip sales since late 2016 to record levels in June this year. 
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

SINGAPORE (Aug 22): Maybank Kim Eng likes Micro-Mechanics as it's earnings jumped 23-27% y-o-y over 2Q-3Q17 as turnover was buoyed by robust global chip sales since late 2016 to record levels in June this year.

With that, the group posted a higher interim DPS of 3 cents in 1H17 compared to 2 cents in 1H16.

In FY16, Micro-Mechanics improved its operational efficiencies and gross margin steadily to 57% from 46% in FY11.

×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.