THE net profit of Mainboard-listed Excelpoint Technology more than quadrupled to US$12 million for the half-year ended June, thanks to the elevated demand for semiconductors resulting from accelerated technology adoption.

ELECTRONICS component distributor Excelpoint Technology said it is not aware of reasons for the unusual volume movements in its shares on Friday in response to a query from the Singapore Exchange Regulation (SGX RegCo) earlier in the day.

The Singapore Exchange Regulation (SGX RegCo) has issued a query to Excelpoint Technology at 4.30pm on May 21 as its shares surged 14.2% to 80.5 cents as at 4.26pm. SGX RegCo called out the electronics components distributor’s “unusual volume movements” in its shares and asked the company to a...

ELECTRONICS component distributor Excelpoint Technology posted a net profit of US$4.4 million for the first quarter ended March 31, about 19 times its net profit in the corresponding quarter the year before.

IN SPITE of the uncertainties brought on by Covid-19, electronics component distributor Excelpoint Technology has posted a strong rebound from earlier trade war woes.

Earnings of electronics components distributor Excelpoint Technologies soared by some 1841.5% to US$8.29 million ($11.1 million) in 2HFY2020 ended December from US$427,000 in the previous year. On a fully diluted basis, this translates to earnings per share of 6.92 US cents in 2HFY2020, versus 0.36 ...

Mainboard-listed Excelpoint Technology’s entrepreneurial and strategic investment arm, Planetspark, has launched a hardware accelerator platform, PlanetSpark Innovation Centre at Changi Business Park. The centre was officially opened by Minister for Trade and Industry Chan Chun Sing on Jan 12. The...

SINGAPORE (Aug 19): Amid the US-China trade tensions and a resultant down cycle in the electronics industry, Singapore Exchange Mainboard-listed Excelpoint Technology remains positive about opportunities that will bear fruit. “We are closely monitoring market developments and remain confident tha...

THE following companies saw new developments that may affect trading of their shares on Thursday:

MAINBOARD-LISTED electronics components distributor Excelpoint Technology announced on Wednesday that its wholly-owned subsidiary PlanetSpark is investing US$2 million in Meridian Innovation, a Singapore-based company developing thermal imaging sensor solutions.