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12-08-2016, 02:12 PM
2Q result out last evening.....
http://infopub.sgx.com/FileOpen/Dutech_2...eID=416728
Dutech's group revenue continues on a healthy growth trend of 10+% p.a., with OP growing at a much faster rate of approx. 40% p.a., even with the recent acquisitions of 2 loss-making German subsidiaries - Deutsche Mechatronics GmbH ("DTMT") and Krauth Technology GmbH (“Krauth”) - which have undergone restructuring and are being turned around from losses. This shows the strong fundamentals of Dutech's business model and PRC-based manufacturing operations, and the competence of its top management headed by Johnny Liu and his elder brother Liu Bin.
http://infopub.sgx.com/FileOpen/Dutech_2...eID=416728
Dutech's group revenue continues on a healthy growth trend of 10+% p.a., with OP growing at a much faster rate of approx. 40% p.a., even with the recent acquisitions of 2 loss-making German subsidiaries - Deutsche Mechatronics GmbH ("DTMT") and Krauth Technology GmbH (“Krauth”) - which have undergone restructuring and are being turned around from losses. This shows the strong fundamentals of Dutech's business model and PRC-based manufacturing operations, and the competence of its top management headed by Johnny Liu and his elder brother Liu Bin.