pstrongHigher revenue drove the increase./strong/p pFrencken Group Limited’s profit attributable to equity holders soared 73.0% YoY to $9m in 1Q24, driven by higher revenue and gross profit margin./p pThe company’s gross profit margin in 1Q24 was 13.7%, up 1.4 percentage points./p pMeanwhile, the company’s revenue rose 12.
Frencken Group Limited’s profit attributable to equity holders soared 73.0% YoY to $9m in 1Q24, driven by higher revenue and gross profit margin.Meanwhile, the company’s revenue rose 12.2% YoY to $193.6m in 1Q24, propelled by its Mechatronics, which reported a 14.4% YoY higher revenue of $170.1m.
Within the division, segments which reported improved revenues were semiconductor , medical , and analytical life sciences . The company’s other division, IMS, reported a lower revenue of $22.8m in 1Q24 amidst a 6.6% YoY revenue decline in its automotive segment....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.
We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.2.
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