Micro-Mechanics (SGX:5DD
) has reported a net profit of $3.8 million for 3QFY2026 ended March 31, up 18.8% y-o-y.
Revenue in the same period increased 16.2% y-o-y to $18.6 million, mainly driven by the consumable tools segment, where revenue increased 20.9% y-o-y to $14.4 million. Meanwhile, wafer fabrication equipment (WFE) sales saw a modest increase of 2.6% y-o-y to $4.2 million.
Gross profit improved by 18.9% y-o-y to $9.6 million in 3QFY2026 while gross profit margin increased 1.1 percentage points y-o-y to 51.6%. The better margins was a result of enhancement seen in its manufacturing processes and stronger customer engagement.
As at March 31, 2026, Micro-Mechanics possess a debt free balance sheet, with cash and bank balances of $25.7 million. For 3QFY2026, the company will be investing $463,000 into new hardware and software, plant machinery, and factory renovation.
The company expects its capital expenditure for 2HFY2026 to be around $2.0 million.
“We delivered strong growth in 3QFY2026, as sustained AI and compute demand drove global semiconductor sales to new highs. As the industry continues to ramp, we remain focused on improving lead times and on‑time delivery to support this demand,” says Kyle Borch, CEO of Micro-Mechanics.
See also: Aztech Global’s 1QFY2026 earnings up 166.7% y-o-y to $4 mil; secures six new project orders
Shares of Micro-Mechanics closed 11 cents higher, or 3.34% up at $3.40 on April 28. On a YTD basis, its share price saw a gain of nearly 110%.
