Valuetronics net profits climbs to $31.88m for FY2021

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No This marks a 4.6% increase from $30.48m last year. SGX-listed electronics manufacturing services company Valuetronics reported an increase of 4.6% to $31.88m (HK$187.1m) for the financial year ended 31 March. The group reported relatively stable revenue and profits for FY2021 as compared to FY2020, largely due to an unexpected rebound in customer demand in the second half of FY2021. Industrial & Commercial Electronics revenue increased by 11.3% from $245m (HK$1.43b) in FY2020 to $272.64m (HK$1.6b). read more