Micro-Mechanics’ net profit soars by over 108% YoY in Q2 2024

Group revenue also increased by 20.7% YoY to $16.3m.

Micro-Mechanics reported a 108.9% year-on-year (YoY) net profit increase to $2.9m during the second quarter of financial year 2024.

Group revenue also increased by 20.7% YoY to $16.3m driven by both the consumable tools and wafer fabrication equipment parts (WFE) segments.

Consumable tools were up 12% YoY to $12.7m and WFE increased by 66.6% YoY to $3.6m during the quarter.

The company declared an interim dividend of $0.03 per share, which will be paid to shareholders on 18 February 2025.

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