Sunningdale Tech's Q4 net profit up 63.3%

SINGAPORE - Plastic parts manufacturer Sunningdale Tech's fourth-quarter results were boosted by better results from the automotive and consumer-IT segments, as well as foreign exchange gains.

Net profit rose 63.3 per cent to S$21.5 million for the three months to Dec 31.

Quarterly earnings per share was 11.42 cents from 7.08 cents previously while net asset value per share was S$1.87 as at Dec 31, compared with S$1.77 as at Dec 31 in 2015.