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Frencken’s diversified revenue from medical and semiconductor sectors provides ‘resilience’: DBS

Broker's Calls

Frencken’s diversified revenue from medical and semiconductor sectors provides ‘resilience’: DBS

Jeffrey Tan Published on Wed, Jul 01, 2020 / 12:00 PM GMT+8

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SINGAPORE (July 1): Amid the novel coronavirus (Covid-19) pandemic and expectations of higher global fabrication equipment spending, Frencken Group’s diversified revenue streams should bode well for the company, according to DBS Group Research.

This should provide “resilience” and “stability” to the equipment service provider, the brokerage adds.

According to DBS, about 19% of the company’s revenue is derived from the medical segment, which is an added advantage during the pandemic.

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Frencken’s diversified revenue from medical and semiconductor sectors provides ‘resilience’: DBS

Broker's Calls

Frencken’s diversified revenue from medical and semiconductor sectors provides ‘resilience’: DBS

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Frencken’s diversified revenue from medical and semiconductor sectors provides ‘resilience’: DBS

Broker's Calls

Frencken’s diversified revenue from medical and semiconductor sectors provides ‘resilience’: DBS

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