Precision parts maker Spindex Industries has reported earnings of $21.3 million for the full year ended June 30, up 74.5%.

Revenue in the same period was up 37%y-o-y to $204.9 million, due to higher demand for office equipment, domestic appliances and hobby-related equipment. 

“Actual as well as potential Covid-19 related disruptions to the global supply chain have continued to result in some forward stocking of components,” the company notes.

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