It’s useful to keep a lookout for companies that report better financial results.
Such businesses are posting healthy growth that could see their share prices increase in tandem.
They are also well-positioned to hike their dividends if they can continue to increase their profits.
Here are four Singapore stocks that recently announced higher profits.
Micro-Mechanics Holdings (SGX: 5DD)
Micro-Mechanics Holdings, or MMH, is a supplier of high-precision tools and parts for the wafer fabrication and assembly processes of the semiconductor industry.
The group reported a strong set of earnings for the first nine months of fiscal 2025 (9M FY2025) ending 31 March 2025.
Revenue rose 12.9% year on year to S$48.5 million, with gross profit jumping 18.6% year on year to S$24 million.
Net profit surged 54.7% year on year to S$9.2 million.
The business also churned out a positive free cash flow of S$12.1 million, up 47% year on year from S$8.2 million in 9M FY2025.
MMH’s US subsidiary, MMUS, achieved its third consecutive quarter of profitability after the group completed a restructuring of the division in FY2024.
The group paid out an interim dividend of S$0.03 last quarter for the first half of FY2025, unchanged from a year ago.
For 2025, the World Semiconductor Trade Statistics (WSTS) expects worldwide semiconductor sales to grow 19% year on year to US$627 billion.
This projected growth bodes well for MMH’s business prospects.
Old Chang Kee (SGX: 5ML)
Old Chang Kee, or OCK, manufactures and sells a variety of local snacks such as curry puffs, spring rolls and fried chicken wings.
The group reported a stellar set of earnings for its fiscal 2025 (FY2025) ending 31 March 2025.
Revenue inched up 1% year on year to S$101.9 million while gross profit increased by 3.5% year on year to S$70.6 million.
A fall in income tax expense coupled with higher interest income helped OCK to post a 17.4% year-on-year increase in net profit to S$11.3 million.
Free cash flow for FY2025 stood at S$23.2 million, down 7.7% year on year.
A final dividend of S$0.01 was declared and paid, unchanged from a year ago.
Management warned that inflation remains a concern, causing raw material and labour costs to rise.
The retail sector also faces persistent manpower shortages.
The group will undertake strategies to reduce operating costs, improve gross margins, and streamline operations.
OCK also seeks to diversify its revenue through non-retail channels such as business-to-business sales.
Oiltek International (SGX: HQU)
Oiltek specialises in process technology and renewable energy solutions for the global vegetable oils industry.
The group provided an encouraging business update for the first quarter of 2025 (1Q 2025).
Revenue dipped by 5.1% year on year to RM 46.7 million.
However, gross profit soared 52.4% year on year to RM 11.9 million because of higher gross margins from the Edible & Non-Edible Oil Refinery segment.
Net profit increased by 22.1% year on year to RM 5.4 million.
Oiltek remains confident of the long-term outlook for the Edible & Non-Edible Oil Refinery segment as global consumption of oils and fats grows with the population.
Vegetable oil should see continued demand, with Imarc Group estimating that the global fats and oils market size should grow by 3.4% per year, going from US$241.1 billion in 2024 to US$336.3 billion by 2033.
Oiltek’s order book stood at RM 373.4 million as of 31 March 2025 and will be fulfilled over the next 18 to 24 months.
Valuetronics (SGX: BN2)
Valuetronics is an integrated electronics manufacturing services (EMS) provider that provides a full suite of services from conceptualisation and engineering design to production and supply chain support.
For FY2025, Valuetronics saw total revenue rise 3.5% year on year to HK$1.73 billion.
The better revenue was led by an 8.8% year-on-year revenue increase for its Industrial & Commercial Electronic (ICE) division to HK$1.36 billion.
However, the Consumer Electronics (CE) division offset this increase with a 12.2% year-on-year decline in revenue to HK$367 million.
Gross profit increased by 10.8% year on year to HK$293.7 million as gross margin expanded from 15.9% to 17%.
Net profit for FY2025 inched up 4.3% year on year to HK$166.5 million.
A final dividend of HK$0.11 and a special dividend of HK$0.08 were declared, taking the total FY2025 dividend to HK$0.27, up from the previous fiscal year’s HK$0.25.
For the CE division, management is phasing out projects in traditional consumer lifestyle categories because of low margins.
The group expects growth from entertainment-focused customers driven by the growing global adoption of immersive entertainment technologies.
As for the ICE division, Valuetronics expects delays to new product launches as customers have adopted a cautious approach because of Trump’s tariffs.
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Disclosure: Royston Yang owns shares of Micro-Mechanics.
