Memtech posts 6.5% drop in 4Q earnings to $4.95 mil on income tax expenses

SINGAPORE (Feb 27): Memtech announced that its 4Q17 earnings dropped 6.5% to US$3.76 million ($4.95 million) compared to US$4.02 million in 4Q16.

This brings FY17 earnings to US$14.1 million, 125.3% higher than US$6.27 million in FY16.