Valuetronics - Get Paid As Customer Base Is Refreshed

Valuetronics - Phillip Securities 2024-06-03: Get Paid As Customer Base Is Refreshed

Valuetronics - Get Paid As Customer Base Is Refreshed

SGinvestors.io

Published: 2024-06-13 03:16 AM

Valuetronics (SGX:BN2)

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Revenue was weaker than expected due to drag in legacy products such as consumer product printed circuit board assembly (PCBA) and auto entertainment modules. Customers have permanently switched their supply chains out of China.

Contributions from new customers, namely networking products and theme park entertainment devices, are commencing. 2H24 earnings growth of 19% y-o-y to HK$77mil was due to higher gross margins and a doubling of interest income.

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The Positives

Higher gross margins.

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Above is an excerpt from a report by Phillip Securities Research.
Clients of Phillip Capital may be the first to access the full PDF report @ https://www.stocksbnb.com/.

SGinvestors.io

Paul Chew Phillip Securities Research | https://www.stocksbnb.com/ 2024-06-03

Read also Phillip's most recent report:
2025-11-17 Valuetronics - Operating Earnings Growing Stronger.

Previous report by Phillip:
2025-06-09 Valuetronics - Back To Growth After 6 Years.

Price targets by other brokers at Valuetronics Target Prices.

Listing of research reports at Valuetronics Analyst Reports.

Relevant links:
Valuetronics Share Price History,
Valuetronics Announcements,
Valuetronics Dividend Payout Dates & Corporate Actions,
Valuetronics News