The company plans to pay a final dividend of 3 cents, bringing full year payout to 9 cents, equivalent to a payout ratio of 128% given FY2023 EPS of 7.03 cents
Micro-Mechanics (Holdings) has announced 4QFY2023 earnings of $2 million, down 66% y-o-y. This brings its full-year earnings to $9.8 million, down 50.7% y-o-y.
Revenue in the same 4Q ended June was down 30.8% y-o-y to $15.2 million, as the downturn in the global semiconductor continues to weigh down the numbers. Revenue for the whole of FY2023 was down 18.7% y-o-y to $67 million.
