Frencken sees earnings improve 10.7% y-o-y to $14.8 mil in 3QFY2021

Frencken Group has reported earnings of $14.8 million for the 3QFY2021 ended September, 10.7% higher than earnings of $13.3 million in the 3QFY2020.

Revenue for the 3QFY2021 increased by 18.7% y-o-y to $196.5 million due to the higher sales of the semiconductor, analytical and medical segments. The figure was partly offset by softer sales of the industrial automation and automotive segments.