Micro-Mechanics enjoyed its highest-ever quarterly results for its 4QFY2022 ended June, with earnings up 22.7% y-o-y to $5.9 million and revenue up 14.8% y-o-y to $22.0 million.
Micro-Mechanics (Holdings) has reported earnings of $19.8 million for FY2022 ended June, up 9.7% y-o-y. Revenue in the same period was up 11.8% y-o-y to $82.5 million, as the company, maker of precision parts and tools, enjoys stronger demand from its customers in the semiconductor industry.
The earnings, reported on Aug 27, marks its second consecutive year of record revenue and net profit.
