SINGAPORE (Nov 14): Precision metal components manufacturer InnoTek has recorded earnings of $5.0 million in 3Q16, reversing out of a loss of $3.5 million in the same quarter last year.
In a filing to SGX on Monday, InnoTek says this is the “second consecutive quarter of profitability following operational improvements under a new management leadership”.
Revenue fell 4.8% to $55.8 million in 3Q16, from $58.6 million in the same quarter last year.
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