EarningsFrencken's 1Q25 earnings of S$10m are in line with expectations, driven by a 12% yoy revenue growth and gross margin improvement.
Semiconductor SegmentSemiconductor segment revenue surged 33.7% y/y, driven by strong demand from a key European customer and a sharp rebound in Asia.
Strategic InvestmentsStrategic investments and capacity expansion to support growth, including upgrading and expanding Singapore production facilities and opening a new US facility.