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Sunningdale Tech reports 86.5% higher earnings of $10.4 mil in 3Q

Felicia Tan
Felicia Tan • 3 min read
Sunningdale Tech reports 86.5% higher earnings of $10.4 mil in 3Q
The higher earnings for the quarter translates into earnings per share (EPS) of 5.41 cents.
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Mainboard-listed Sunningdale Tech reported earnings or net profit attributable to shareholders of $10.4 million for the 3QFY2020 ended Sept 30, up 86.5% from the $5.6 million reported a year ago.

The higher earnings for the quarter translates into earnings per share (EPS) of 5.41 cents, up 85.2% from the EPS of 2.92 cents for the 3QFY2019.

3QFY2020 revenue fell 1.8% y-o-y to $180.6 million mainly due to a decrease in revenue from the automotive segment, which fell 7.0% y-o-y to $59.6 million.

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