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Miyoshi swings back to profitability in 3Q

PC Lee
PC Lee • 1 min read
Miyoshi swings back to profitability in 3Q
SINGAPORE (July 10): Miyoshi has swung back into profitability in the 3Q17 ended May with earnings of $0.41 million from a loss of $0.37 million a year ago.
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SINGAPORE (July 10): Miyoshi has swung back into profitability in the 3Q17 ended May with earnings of $0.41 million from a loss of $0.37 million a year ago.

This also brings earnings from the nine months ended May to $0.91 million from $0.43 million a year ago.

For the three months, revenue rose 11.1% to $12.9 million from $11.6 million a year ago due to more orders from automotive and data storage customers.

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