Last week Avi-Tech Electronics (ticker: SGX:CT1) released results for their third fiscal quarter. The company posted a profit from continuing operations of $1.3m SGD. Revenue for the quarter was $6.1m and up 5.8% compared to Q3 2014. The liquidation of their US subsidiaries is also progressing. All in all is was a decent result and […]
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Avi Tech Electronics: a net-net experiencing a turnaround?
I have bought a very small position in Avi Tech Electronics (ticker: SGX:CT1) in Singapore. The company provides burn-in, engineering and manufacturing services for the semiconductor and electronics industries. Avi Tech has lost a lot of money in recent years, but their biggest losses came from two subsidiaries in the US and these operations are […]