Micro-Mechanics (Holdings) ( (MCRNF) ) has released its Q3 earnings. Here is a breakdown of the information Micro-Mechanics (Holdings) presented to its investors.
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Micro-Mechanics (Holdings) Ltd is a Singapore-based company specializing in the manufacturing of precision tools and components, primarily serving the semiconductor industry. The company is publicly traded on the Singapore Exchange and is known for its focus on operational excellence and innovation.
In its latest earnings report for the third quarter and nine months ending March 31, 2025, Micro-Mechanics reported a significant increase in revenue and profit. The company’s revenue for the third quarter rose by 17.3% year-on-year to S$16.0 million, while profit after tax surged by 72.6% to S$3.2 million. For the nine-month period, revenue grew by 12.9% to S$48.5 million, and net profit increased by 54.7% to S$9.2 million.
Key financial highlights include a 27.5% increase in gross profit for the third quarter, reaching S$8.1 million, and an improvement in gross profit margin to 50.5%. The Wafer Fabrication Equipment segment showed remarkable growth, with sales increasing by 95.7% year-on-year. The company also maintained a strong balance sheet with no bank borrowings and cash and cash equivalents of S$19.2 million.
Looking ahead, Micro-Mechanics remains optimistic about its growth prospects, driven by ongoing initiatives such as the ‘Five-Star Factory’ program aimed at enhancing operational efficiency and innovation. The company is also focused on sustaining profitability at its MMUS facility and adapting to industry trends, including the demand for artificial intelligence chips.
Overall, Micro-Mechanics is well-positioned to navigate the dynamic semiconductor market, leveraging its strategic initiatives and strong financial foundation to drive future growth.
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