Valuetronics' profit surges by 35.7% to 9.9m

Growing demand for industrial and consumer electronics pushed the growth.

The net profit of Valuetronics Holdings Limited grew by 35.7% year-on-year (yoy) to $9.9m for the third quarter ended 31 December (3Q 2018).

“Both our Industrial and Commercial Electronics and Consumer Electronics segments saw growth in the quarter due to increases in demand from certain customers,” said Ricky Tse Chong Hing, chairman and managing director of Valuetronics.

The company’s consumer electronics business grew by 48.1% yoy to $68.3m, while its industrial and commercial electronics business increased by 22.3% yoy to $66m.

Overall, Valuetronics’ revenue rose by 34.2% yoy to $134m.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia