<a href="https://www.theedgesingapore.com/tags/frencken-group-limited" target="_blank">Frencken Group</a> has reported earnings of $14.8 million for the 3QFY2021 ended September, 10.7% higher than earnings of $13.3 million in the 3QFY2020.

Revenue for the 3QFY2021 increased by 18.7% y-o-y to $196.5 million due to the higher sales of the semiconductor, analytical and medical segments. The figure was partly offset by softer sales of the industrial automation and automotive segments.

<hr/>See: <a href="https://www.theedgesingapore.com/news/ma/frencken-group-acquires-high-precision-manufacturing-solutions-provider-avimac-14-mil" target="_blank">Frencken Group acquires high-precision manufacturing solutions provider Avimac for $14 mil</a><hr/>

PATMI margin for the 3QFY2021 fell 0.6 percentage points to 7.5%.

For the 9MFY2021, earnings surged 43.7% y-o-y to $46.1 million.

See also: <a class='gtm_see_also_1_inread' style='text-decoration: underline;' href='/news/results/sia-carries-over-2-mil-passengers-july-first-pre-covid?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO'>SIA carries over 2 mil passengers for July, a first since pre-Covid</a>

Revenue improved 24.8% y-o-y during the nine-month period to $571.8 million.

PATMI margin grew 1.1 percentage points to 8.1% due to the group’s revenue growth, which resulted in overhead costs being spread over a larger revenue base.

As at end-September, Frencken’s cash and cash equivalents stood at $169.2 million.

For more stories about where the money flows, <a href="https://www.theedgesingapore.com/section/capital" target="_blank">click here for our Capital section</a>

See also: <a class='gtm_see_also_2_inread' style='text-decoration: underline;' href='/capital/results/netlink-reports-1qfy2023-profit-after-tax-276-mil-113-y-o-y?utm_source=website&utm_medium=article&utm_campaign=ONPAGESEO'>Netlink reports 1QFY2023 profit after tax of $27.6 mil, 11.3% up y-o-y</a>

In its outlook statement, the group expects its overall revenue in the 2HFY2021 to remain stable, compared to that of 1HFY2021.

Shares in Frencken closed 13 cents higher or 5.96% up at $2.31 on Nov 11.

Frencken sees earnings improve 10.7% y-o-y to $14.8 mil in 3QFY2021

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Frencken sees earnings improve 10.7% y-o-y to $14.8 mil in 3QFY2021

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