SINGAPORE (Oct 25): Innovalues, the customised precision machine parts and components manufacturer, has posted earnings of $6 million for 3Q ended September, compared to $6.7 million in the same quarter last year.

This was mainly due to foreign exchange gains for 3Q16 dropping to $0.3 million, compared to forex gains of $3.1 million in the same period last year.

Innovalues says the net foreign exchange transaction gain for 3Q15 was mainly due to the appreciation of the US dollar against Asian currencies.

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