Manufacturing
JEP Holdings’ net profit soars by 87% YoY in FY2024
JEP Holdings’ net profit soars by 87% YoY in FY2024
Growth was due to a $1m foreign exchange gain and improved performance of its aerospace business.
Frencken Group’s profit up by 14% in FY2024
Earnings per share were at $0.0869.
Analysts see steady growth in manufacturing for 2025
Singapore’s industrial production rose 9.1% YoY in January.
Nanofilm Technologies net profit more than doubles in FY 2024
It rose to $7.5m.
Singapore’s manufacturing output rises 9.1% in January
Excluding biomedical manufacturing, output rose 7.3%.
Grand Venture Tech’s profit up 86% in 2024 on strong semiconductor demand
GVT expects further growth through its expansion in advanced semiconductor manufacturing technologies.
BUDGET 2025: $3b fund to target semiconductor, life sciences investments
Closing the digital skills gap is essential for businesses to fully benefit from these initiatives.
BUDGET 2025: Manufacturing group pledges support for Singapore Budget initiatives
The group is ready to help stakeholders translate measures into actions.
Sri Trang Gloves posts 551.9% profit surge in FY24
Sales revenue for the period reached $740m.
Tai Sin Electric’s net profit surges to $15.9m in H1 FY2025
The group’s gross profit margin improved to 17.58%.
Fu Yu Corporation warns of net loss for FY2024
The group expects a total loss of $3.5m.
Union Steels’ net profit drops to $6m in H1 FY2025
The group’s gross profit also declined by 3.7% to $15.8m.
Spindex sees 6.5% rise in net profit to $6.8m in H1 FY2025
Gross profit increased by 8.9% to $18.8m.
US tariffs on EU to hit Singapore's chemical and pharma sectors most: report
Singapore has strong trade relationships with the EU, supplying high-quality chemicals and pharmaceutical products.
Singapore factory rental rates see steady growth
Proposed US tariffs may accelerate manufacturing shifts to Southeast Asia.
Singapore to benefit from global tech cycle amidst manufacturing resilience
The country’s full-year IP is expected to grow by 3%.
Manufactured products price index contraction eases in 2024
It was an improvement from the -4.5% in 2023.
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