Frencken Q3 profit rises 7.5% to S$9.9 million
[SINGAPORE] Semiconductor player Frencken posted a 7.5 per cent rise in net profit for its third quarter ended Sep 30 to S$9.9 million from S$9.2 million in the previous corresponding period.
This was mainly attributed to a change in sales mix, the group said in a regulatory filing on Monday (Nov 17).
Revenue for Q3 rose 6.5 per cent to S$211.5 million from S$198.6 million in the previous corresponding period.
This was primarily on the back of higher contributions from the mechatronics division, lifted by higher revenue contributions from the semiconductor, medical and industrial automation segments, which offset softer revenue from the analytical life sciences segment.
For the nine months ended Sep 30, net profit was up 9.1 per cent at S$29.8 million, while revenue rose 12.5 per cent to S$642.8 million.
Looking ahead, Frencken expects the near-term operating landscape to remain challenging.
“The volatile geopolitical tensions continue to cast uncertainties on the outlook of the global economy, as the prolonged unpredictability of tariffs weighs on business confidence and investment decisions,” the group said.
The potential fallout on global trade and market demand, supply chain disruptions, inflation and foreign currency market volatility is leading the group to anticipate revenue for the second half of 2025 to be marginally lower than the first half.
Still, it expects revenue growth for the full year FY2025 over FY2024.
Shares of Frencken closed at S$1.54, S$0.05 or 3.1 per cent down on Friday.
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