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Posts Tagged ‘Mainboard-listed’

Micro-Mechanics posts 149% jump in 2Q net profit to $1.8m

Mainboard-listed Micro-Mechanics (Holdings), the manufacturer of high precision tools, parts and assemblies for high technology industries, reported a 149% jump in net profit to $1.8 million for the 3 months ended 31 December 2010 (2Q11), from $0.7 million in the same quarter a year ago. The stronger bottomline performance in 2Q11 was achieved on the back of 17.0% growth in group revenue to $11.4 million.

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Valuetronics’ 3Q net profit jumps 133.8% to $5.2 million

Mainboard-listed Valuetronics Holdings, the designer and manufacturer for leading brands in the electronics sector, says net profit for the third quarter ended 31 December 2010 (3Q FY2011) climbed 133.8% y-o-y to HK$31.6 million ($5.2 million).

This came on the back of a 79.9% surge in revenue to HK$524.5 million ($86.2 million) which was driven by an increase in customer orders.

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SilkAir renews MRO contract with SIA Engineering

Mainboard-listed SIA Engineering Company (SIAEC) says it has signed a new five-year maintenance, repair and overhaul (MRO) and fleet management services contract with SilkAir worth $300 million.

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Pacific Andes Resources Development acquires Aussie salmon breeder for $67m

Mainboard-listed Pacific Andes Resources Development (PARD), one of the leading global frozen fish suppliers with an integrated supply chain spanning industrial fishing, global sourcing and ocean transportation, says the group has signed a sale and purchase agreement today to acquire 19.76% of ASX-listed Tassal, a vertically integrated salmon grower, processor, seller and marketer, for A$51.7 million ($67 million).

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Ramba Energy to drill two exploration wells in Lemang PSC next year

Mainboard-listed company, Ramba Energy Limited is getting ready to begin the drilling of two exploration wells in Lemang Production Sharing Contract in 2011 following the recent completion of its acquisition in the Sumatran oil and gas block.

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Sarin starts delivery of Solaris 100 to customers in India

Mainboard-listed Sarin Technologies, the developer of products for the planning, processing, evaluation and measurement of diamonds, says it has started delivery of the Solaris 100 inclusion mapping system especially designed for smaller rough diamonds to customers in India.

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Pacific Andes Resources Development posts 5.5% rise in net profit to $130.5m

Mainboard-listed Pacific Andes Resources Development, the global frozen fish supplier with an integrated supply chain spanning industrial fishing, global sourcing and ocean transportation, says net profit attributable to equity holders grew 5.5% to HK$773.1 million ($130.5 million) for the full year ended 28 September 2010 (FY2010).

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Hai Leck posts 5% rise in 1Q net profit to $3.3m

Mainboard-listed Hai Leck Holdings, the integrated service provider mainly for the Oil & Gas and Petrochemical industries, says for its first quarter 2011 ended 30 September 2010, net profit was $3.3 million, up 5% over the $3.1 million it earned in the preceding corresponding period.

Turnover was $24.4 million compared to the $31.1 million a year back primarily due to lower revenue from Project services as most major projects contracted have been completed or are nearing completion.

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Memtech International doubles 3Q net profit to $4m

Mainboard-listed Memtech International, the leading integrated component solutions provider for the mobile phone, IT equipment and automotive industries, today reported a strong set of financial results for the three months ended September 30, 2010 (3Q2010).

Profit attributable to shareholders doubled from US$1.5 million in the previous corresponding quarter (3Q2009) to US$3.0 million ($3.9 million) in 3Q2010.

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Memtech International doubles 3Q net profit to $4m

Mainboard-listed Memtech International, the leading integrated component solutions provider for the mobile phone, IT equipment and automotive industries, today reported a strong set of financial results for the three months ended September 30, 2010 (3Q2010).

Profit attributable to shareholders doubled from US$1.5 million in the previous corresponding quarter (3Q2009) to US$3.0 million ($3.9 million) in 3Q2010.

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United Envirotech’s 2Q net profit surges 94.6% to $6.1 million on delivery of key project

Mainboard-listed United Envirotech, the membrane-based water and wastewater treatment solutions provider, announced a net profit growth of 94.6% to $6.1 million for the 3 months ended 30 September 2010 (2Q FY2011) on the back of a 103.8% increase in revenue to $23.0 million in 2Q FY2011.

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Broadway Industrial’s 3Q net earnings rise 45% to $12.5m

Mainboard-listed Broadway Industrial Group, the manufacturer of precision-machined components and foam plastic solutions producer, announced PATMI rose 44.8% y-o-y to $12.5 million in the quarter ended 30 September 2010 (3Q2010) from $8.7 million a year ago.

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OKP Holdings wins $22m PUB contract for road-raising works along Orchard Road

Mainboard-listed OKP Holdings, one of the leading infrastructure and civil engineering firm, has landed a $22 million contract from the PUB, the national water agency, for road-raising works in the Orchard Road area.

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Karin Technology posts 4.5% rise in full-year net profit to $5.9m

Mainboard-listed Karin Technology, one of the leading IT and components solutions and services provider in Hong Kong and China, says it net profit attributable to shareholders increased by 4.5% from HK$32.4 million for FY09 to HK$33.8 million ($5.9 million) in year ended 30 June 2010 (FY10).

Despite the fact that the global economy had not yet fully recovered from the global financial crisis, Karin managed to achieve a turnover of HK$1,562.2 million.

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Delong Holdings’ 1H net profit jumps to $33.6m

Mainboard-listed Delong Holdings, one of the leading manufacturer sof hot-rolled steel coils (HRC) in China, announced today that its net profit jumped 467.9% to RMB 166.7 million ($33.6 million) for the first half year results ended 30 June 2010 (1H2010).

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Techcomp posts 4.5% rise in 1H net profit to $2m

Mainboard-listed Techcomp (Holdings), the China-based manufacturer and distributor for analytical and life science instruments, says profit attributable to shareholders rose 4.5% year-on-year to US$1.48 million ($2 million) for the six months ended 30 June 2010 (1H2010).

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Thakral books 2Q net profit of $29.8m from sale of India investment

Mainboard-listed Thakral Corporation, the distributor of consumer electronics brands like Apple, Canon and Casio, says it achieved a record net profit of $31.8 million for the first half of FY2010.

The increase was boosted by a $28.7 million gain from the sale of its investment in Gateway Distriparks Limited (GDL) in India in 2QFY10.

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Del Monte Pacific posts net loss of $1.2m in 1Q

Mainboard-listed Del Monte Pacific today announced a net loss of US$0.9 million ($1.2 million) for the first quarter of 2010 compared to a net profit of US$4.1 million in the same period last year due to higher raw material costs and higher advertising, promotion and selling expenses.

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DMX Technologies implements interactive digital TV system for Macau Cable TV

Mainboard-listed DMX Technologies Group, one of the leading digital media services and application solutions providers, announced it has implemented an interactive digital TV system in Macau.

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Cogent says it remains committed to dividends proposed in its IPO prospectus

Mainboard-listed Cogent Holdings, the leading integrated logistics solutions provider, says the group remains committed to reward shareholders with proposed dividends spelt out in its IPO prospectus dated Feb 9.

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