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Micro-Mechanics posts 27% jump in 3Q earnings of $3.5 mil

PC Lee Published on Fri, Apr 28, 2017 / 6:07 PM GMT+8

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SINGAPORE (April 28): Micro-Mechanics, the manufacturer of high precision tools and parts for the semiconductor industry, reported 3Q earnings jumped 26.6% to $3.5 million.

The stronger bottomline came on the back of a 13.7% increase in revenue to $14.2 million. Group sales increased across all its geographical markets with the exception of Europe.

Sales in its largest market of China grew 12.9% to $3.7 million and contributed 26% to group revenue.

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