Revenue for 9M18 grew 8.1% to $837.2 million from $774.4 million previously due to growth from the Battery Business, which was previously known as GP Batteries International before it was fully acquired by GP Industries over 3Q, as well as higher revenue from the Electronics and Acoustics Business.
SINGAPORE (Feb 8): GP Industries, the electronics manufacturer, saw its 3Q18 earnings double to $17.7 million from $8.2 million in the same period a year ago on higher other operating income and lower distribution costs.
This brings the group’s 9M earnings for the period ended Dec 2017 to $30.2 million, up 50.6% from $20.1 million during 9M17.
