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Miyoshi sees 1Q earnings more than double on higher sales, lower expenses

Michelle Zhu
Michelle Zhu • 2 min read
Miyoshi sees 1Q earnings more than double on higher sales, lower expenses
SINGAPORE (Jan 11): Miyoshi, the provider of integrated engineering services, says earnings in 1Q18 more than doubled to $0.75 million from $0.33 million in 1Q17.
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SINGAPORE (Jan 11): Miyoshi, the provider of integrated engineering services, says earnings in 1Q18 more than doubled to $0.75 million from $0.33 million in 1Q17.

This came on the back of higher sales as well as lower costs and expenses.

Revenue for 1Q18 ended Nov 2017 rose 4.4% to $13.8 million from $13.2 million in the previous year, mainly due to higher order volume from automotive customers.

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