Manufacturing
Jardine Cycle & Carriage profit falls 22% in 2024
Revenue remained unchanged at $30.1b ($22.3b).
Fu Yu narrows loss to $1.2m in FY2024
Revenue from continuing operations increased 10.5% year-on-year.
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.
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