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Bearing in mind the sensitivities that the company is releasing its results next week on April 14, 2010, we managed to secure a visit following a request to look at the company on my Blog.
The company reported a good set of Q1-2010 results. Revenue for the quarter ended November 30, 2009 rose 29% to S$40.2mn while net profit was S$4.69mn up 56%. Even the MI was a positive which means that its subsidiary Giken Sakata had returned to the black although the contribution was marginal. The Q1-2010 profit compared to its full year 2009 profit of S$9.2mn seems to be suggesting possible strong profit growth in 2010. The company is after all exposed to the hard disk industry which is doing well although other businesses/products are not doing so well. Read more...[caption id="attachment_2270" align="alignright" width="150" caption="Photo by tomsaint11"][/caption]
Bearing in mind the sensitivities that the company is releasing its results next week on April 14, 2010, we managed to secure a visit following a request to look at the company on my Blog.
The company reported a good set of Q1-2010 results. Revenue for the quarter ended November 30, 2009 rose 29% to S$40.2mn while net profit was S$4.69mn up 56%. Even the MI was a positive which means that its subsidiary Giken Sakata had returned to the black although the contribution was marginal. The Q1-2010 profit compared to its full year 2009 profit of S$9.2mn seems to be suggesting possible strong profit growth in 2010. The company is after all exposed to the hard disk industry which is doing well although other businesses/products are not doing so well. Read more...
[/caption]
Bearing in mind the sensitivities that the company is releasing its results next week on April 14, 2010, we managed to secure a visit following a request to look at the company on my Blog.
The company reported a good set of Q1-2010 results. Revenue for the quarter ended November 30, 2009 rose 29% to S$40.2mn while net profit was S$4.69mn up 56%. Even the MI was a positive which means that its subsidiary Giken Sakata had returned to the black although the contribution was marginal. The Q1-2010 profit compared to its full year 2009 profit of S$9.2mn seems to be suggesting possible strong profit growth in 2010. The company is after all exposed to the hard disk industry which is doing well although other businesses/products are not doing so well. Read more...
