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Intel is one of 3REN's largest customers, making the company a direct beneficiary of Intel's ongoing expansion in advanced semiconductor packaging and manufacturing activities. As Intel accelerates investments in technologies such as Foveros and EMIB advanced packaging solutions, supporting service providers within its ecosystem are expected to benefit from higher engineering and automation-related demand.
Management really need show us some serious growth now that all the restructuring dust settle down. If they still cannot pump up the margins after this, then honestly got nothing much to talk about already.
Confirm that B15 mandate gonna bring more volume for Elridge so their bottom line likely will see steady growth soon. Just need to watch if their production capacity can keep up with this sudden demand spike or not.
That listing fee makan a bit of the bottom line but the core business is actually steady lah, if you ignore the one-off costs, that four million profit shows the fundamentals still quite solid one
