Frencken Group's Earnings Likely to Improve on Chip-Related Demand -- Market Talk

Dow Jones
May 25

0252 GMT - Frencken Group's revenue and core earnings are expected to improve in the coming quarters thanks to robust semiconductor-related demand, RHB Research analyst Alfie Yeo says in a note. The Singapore-listed technology services provider's 1H revenue is also likely to be driven by medical and automotive segments, Yeo says. RHB maintains a buy rating on the stock and its target price of 3.57 Singapore dollars. Shares are 5.1% higher at S$3.11. (amanda.lee@wsj.com)

 

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May 24, 2026 22:52 ET (02:52 GMT)

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