Link: https://links.sgx.com/1.0.0/corporate-announcements/VZQ7KEQHCWME30FJ/b026c2b59eb0ca1d1ba34171b91b719e31c3fe7af1a5e35af475eda54e9e5d2d

Summary:

• Micro-Mechanics (Holdings) Ltd. reported a significant 72.6% year-on-year increase in net profit to S$3.2 million for the third quarter ended March 31, 2025 (3QFY2025).
• Group revenue for 3QFY2025 grew by 17.3% year-on-year to S$16.0 million.
• Revenue from the Wafer Fabrication Equipment (WFE) parts segment saw a substantial increase of 95.7% year-on-year, reaching S$4.0 million in 3QFY2025.
• Gross profit rose by 27.5% year-on-year to S$8.1 million in 3QFY2025, with the gross profit margin improving to 50.5%.
• The company is concentrating on its ‘Five-Star Factory’ initiative to enhance operational excellence and adapt to market dynamics.
• Kyle Borch is set to take over from Christopher Borch as CEO effective July 1, 2025, with Christopher Borch continuing as Executive Chairman.
• The Group has not experienced any direct impact from the retaliatory tariffs announced across major economies in April 2025.