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Jubilee: Returns To Profit Of S$0.8 Million, As Revenue Rises 83.7% To S$87.5 Million In 1HY2018.

15 Nov 2017 23:59 Jubilee Industries Holdings is a one-stop service provider of electronics components, as well as precision plastic injection moulding and mould design and fabrication services. Revenue increased 83.7% to S$87.5 million for 1HY2018 due to improved performances for both its mechanical and electronic segments. Consequently, gross profit rose by three-folds to S$5.6 million for 1HY2018. Profit before income tax excluding operational loss from E'Mold Manufacturing (Kunshan) Co. Ltd stood at S$1.4 million for 1HY2018 compared to a loss of S$1.8 million in 1HY2017. Better machine utilisation rates, leaner manufacturing processes as well as better product mix with higher margins contributed to overall net profit achieved in 1HY2018...

More information available here.

Source: ShareInvestor Express
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