Frencken Group's (SGX:E28) net profit attributable to equity holder rose 7.5% in third quarter to SG$9.9 million, from SG$9.2 million a year earlier, according to a Monday filing with the Singapore Exchange.
Revenue was up 6.5% year over year to SG$211.5 million from SG$198.6 million, driven by a 6.9% increase in mechatronics division revenue and 8.1% increase in the semiconductor revenue.
The increased revenue offset an 8.3% decline in the analytical life sciences division due to lower customer demand in Europe.
Shares of the company were down nearly 1% in Monday trading.
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