After four straight half-year losses since the acquisition of its electronic component distribution (ECD) business in 2015, the group posted net profit of $0.8 million in 1H18.
SINGAPORE (Mar 12): CIMB is starting coverage of post-restructured Jubilee Industries at “add” with a target of 5.1 cents.
This is on expectations the plastic manufacturer for the electronics industry could report a net profit in FY18.
