Frencken H1 net profit falls 3.4% to S$19.3 million
Earnings per share come in at S$0.045, down from S$0.0467 a year earlier
Frencken Group reported a 3.4 percent decline in net profit to S$19.3 million for the first half of the year, ending June 30, from S$19.9 million a year earlier. Administrative and general expenses widened by 9.9 percent to S$32.6 million, while selling and distribution expenses increased by 1.9 percent to S$6.7 million. Income tax expenses rose 12.4 percent to S$5.4 million.
Revenue fell 0.8 percent to S$427.8 million, down from S$431.4 million in the previous year. The mechatronics division, which contributes the majority of sales, saw revenue drop 1.5 percent to S$383.4 million. Within this division, semiconductor revenue fell 1.1 percent to S$213.3 million, and analytical life-sciences revenue declined 13.7 percent to S$75.3 million.
However, medical and industrial automation segments experienced growth, with revenue increasing 10.1 percent to S$70.5 million and 9.8 percent to S$18.4 million, respectively. Frencken expects H2 revenue to be higher than both the H1 figure and the year-ago period. The company anticipates FY2026 revenue and net profit to surpass FY2025 levels, barring any adverse external changes and forex market volatility. The stock ended 4.1 percent higher at S$2.79 following the release of the results.
Written by urgent.news from The Business Times - Companies & Markets's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
