Meanwhile, gross profit margin was up at 14.0% in 3QFY2024, compared to 12.4% in 3QFY2023, following better operating leverage for the period.
Frencken Group has announced earnings of $9.2 million for the 3QFY2024 ended September, up 29.3% y-o-y as compared to the same period last year.
For the same period, the group reported a 7.7% y-o-y increase in revenue at $198.6 million, due to higher contribution from Frencken’s mechatronics division.
