Vriddhi Consulting

Punit Khanna

Independent Insight Provider

Equity Bottom-Up

<ul>
<li>OS Capital Sdn Bhd bought 53 mn shares at  1.15, amounting to 20.01 %</li>
<li>Shares were sold by Mr. Shih Chao Yuan, CEO of FPI</li>
<li>Mr. Shih retains 2.87% of the company and is still CEO.</li>
</ul>
        <div class="content-highlight">
        <h2>Raising Money for Persons with Disabilities in Singapore</h2>
        <p><strong><em>For your kind consideration</em></strong></p>
        <p><em>This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.</em></p>
        <p><em>All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.</em></p>
        <p data-start="635" data-end="669">To contribute, <a href="https://www.giving.sg/donate/campaign/raising-money-for-special-needs-persons-in-singapore" target="_blank" rel="noopener">please visit this URL.</a> </p>
        </div>
        


OS Capital Sdn Bhd bought 53 mn shares at  1.15, amounting to 20.01 %
Shares were sold by Mr. Shih Chao Yuan, CEO of FPI
Mr. Shih retains 2.87% of the company and is still CEO.

        
        Raising Money for Persons with Disabilities in Singapore
        For your kind consideration
        This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.
        All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.
        To contribute, please visit this URL. 
        
        

Formosa Prosonic Industries Berhad (FPI): Change in Ownership

<ul>
<li>This is an update on the company following our last  update on 13th Jan 2026</li>
<li>Stock offers a favorable risk-reward ratio in its favour of investing as it trades at liquidation value, the company is buying back stock and insders have also bought</li>
<li>Management has been talking about new customer and new product  in a non-audio space: </li>
</ul>
        <div class="content-highlight">
        <h2>Raising Money for Persons with Disabilities in Singapore</h2>
        <p><strong><em>For your kind consideration</em></strong></p>
        <p><em>This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.</em></p>
        <p><em>All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.</em></p>
        <p data-start="635" data-end="669">To contribute, <a href="https://www.giving.sg/donate/campaign/raising-money-for-special-needs-persons-in-singapore" target="_blank" rel="noopener">please visit this URL.</a> </p>
        </div>
        


This is an update on the company following our last  update on 13th Jan 2026
Stock offers a favorable risk-reward ratio in its favour of investing as it trades at liquidation value, the company is buying back stock and insders have also bought
Management has been talking about new customer and new product  in a non-audio space: 

        
        Raising Money for Persons with Disabilities in Singapore
        For your kind consideration
        This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.
        All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.
        To contribute, please visit this URL. 
        
        

Formosa Prosonic:Update: Remains a Good Value

<ul>
<li>Formosa Prosonic announced excellent 2nd quarter numbers. Revenue up 66% y-on-y basis</li>
<li>Gross Profit Margin fell from 15% to 10%. Despite significant cost control PAT fell from 14%  to 8%</li>
<li>Excess Cash per share in the company books remains at 56 sens.</li>
</ul>
        <div class="content-highlight">
        <h2>Raising Money for Persons with Disabilities in Singapore</h2>
        <p><strong><em>For your kind consideration</em></strong></p>
        <p><em>This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.</em></p>
        <p><em>All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.</em></p>
        <p data-start="635" data-end="669">To contribute, <a href="https://www.giving.sg/donate/campaign/raising-money-for-special-needs-persons-in-singapore" target="_blank" rel="noopener">please visit this URL.</a> </p>
        </div>
        


Formosa Prosonic announced excellent 2nd quarter numbers. Revenue up 66% y-on-y basis
Gross Profit Margin fell from 15% to 10%. Despite significant cost control PAT fell from 14%  to 8%
Excess Cash per share in the company books remains at 56 sens.

        
        Raising Money for Persons with Disabilities in Singapore
        For your kind consideration
        This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.
        All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.
        To contribute, please visit this URL. 
        
        

Formosa Prosonic: 2nd Quarter Numbers Show Turnaround

Smartkarma AI Primers, Smartkarma

αSK Primers

Smartkarma AI Primers

Smartkarma

Smartkarma unites the fragmented investment industry, connecting institutional investors, independent research providers, and corporates within a single network.

Research Reinvented

<ul>
  <li>Formosa Prosonic Industries (FPI) is a manufacturer of speaker systems and related components, currently facing significant headwinds with declining revenue and profitability. The company's financial performance has weakened considerably over the past two years.</li>
  <li>The stock appears attractive from a valuation standpoint, trading below its book value and offering a high dividend yield. Management is actively conducting share buybacks, signaling confidence in the company's intrinsic value.</li>
  <li>Future growth hinges on a strategic pivot towards acquiring new customers and diversifying into non-audio product segments. The success of this strategy remains a key catalyst and a significant area of uncertainty for investors.</li>
</ul><p><em>This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.</em></p>


  Formosa Prosonic Industries (FPI) is a manufacturer of speaker systems and related components, currently facing significant headwinds with declining revenue and profitability. The company's financial performance has weakened considerably over the past two years.
  The stock appears attractive from a valuation standpoint, trading below its book value and offering a high dividend yield. Management is actively conducting share buybacks, signaling confidence in the company's intrinsic value.
  Future growth hinges on a strategic pivot towards acquiring new customers and diversifying into non-audio product segments. The success of this strategy remains a key catalyst and a significant area of uncertainty for investors.
This content is AI-generated and displayed for general informational purposes only. Please verify independently before use.

Primer: Formosa Prosonic Inds (FOR MK) - Jul 2026

<ul>
<li>Our last update on the company was Nov. 20th, when they declared 80 cents dividend.</li>
<li>Stock became ex dividend on 24th December which is payable on 16th January</li>
<li>Stock has done very well but we still reckon its very cheap.</li>
</ul>
    <div class="content-highlight">
    <h2>Raising Money for Persons with Disabilities in Singapore</h2>
    <p><strong><em>For your kind consideration</em></strong></p>
    <p><em>This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.</em></p>
    <p><em>All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.</em></p>
    <p data-start="635" data-end="669">To contribute, <a href="https://www.giving.sg/donate/campaign/raising-money-for-person-with-disabilities-empowering-visions-shaping-future" target="_blank" rel="noopener">please visit this URL.</a> </p>
    </div>
    


Our last update on the company was Nov. 20th, when they declared 80 cents dividend.
Stock became ex dividend on 24th December which is payable on 16th January
Stock has done very well but we still reckon its very cheap.

    
    Raising Money for Persons with Disabilities in Singapore
    For your kind consideration
    This report has been prepared by Vriddhi Consulting, founded by Punit and Debjani Khanna. A portion of the research was contributed by Shubham Khanna, an individual on the autism spectrum.  We are grateful to Smartkarma for providing a platform to share this research and amplify its impact.
    All proceeds from the publication of this report will be donated to support people with disabilities in Singapore. If you find this report valuable, we invite you to support our campaign, “Raising Money for Persons with Disabilities in Singapore.” Every contribution directly benefits the Goh Chok Tong Enable Fund and qualifies for a 250% tax deduction for Singapore tax residents.
    To contribute, please visit this URL. 
    
    

Malaysia

Formosa Prosonic Industries Berhad assembles high quality speaker systems and manufactures printed circuit boards. Through its subsidiaries, the Company manufactures molded plastic components for audio and video equipment, and also develops, manufactures and markets drive-unit high technology loudspeakers.

Price Gauge
52-week Range	0.00 - 0.00
Market Cap (USDm)	0.00
P/E	0.00
Dividend (Yield)	0.00

Formosa Prosonic Inds (FOR MK)

Formosa Prosonic Industries Berhad (FPI): Change in Ownership

Formos Prosonic's change of ownership does not materially affect the stock price or the stock's intrinsic value. Remains a cheap stock.

Punit Khanna

Formosa Prosonic:Update: Remains a Good Value

Company update: Stock trading below liquidation value, insiders buying back shares, management hinting at new customer and product in non-audio...

Punit Khanna

Formosa Prosonic: 2nd Quarter Numbers Show Turnaround

Formosa Prosonic's 2nd quarter revenue surged by 66%, but profit margins decreased and net income dropped despite cost control efforts. Excess...

Punit Khanna

Primer: Formosa Prosonic Inds (FOR MK) - Jul 2026

Formosa Prosonic Industries (FPI) is a manufacturer of speaker systems and related components, currently facing significant headwinds with...

αSK Primers

Formosa Prosonic: Remains Good Value

Company declared 80 cents dividend on Nov. 20th, stock became ex dividend on Dec. 24th, payable on Jan. 16th. Despite strong performance, stock is...

Punit Khanna

Price Gauge

52-week Range

Market Cap (USDm)

P/E

Dividend (Yield)

Formosa Prosonic Industries Berhad (FPI): Change in Ownership

Formos Prosonic's change of ownership does not materially affect the stock price or the stock's intrinsic value. Remains a cheap stock.

Punit Khanna

Formosa Prosonic:Update: Remains a Good Value

​Company update: Stock trading below liquidation value, insiders buying back shares, management hinting at new customer and product in non-audio...

Punit Khanna

Formosa Prosonic: 2nd Quarter Numbers Show Turnaround

​Formosa Prosonic's 2nd quarter revenue surged by 66%, but profit margins decreased and net income dropped despite cost control efforts. Excess...

Punit Khanna

Primer: Formosa Prosonic Inds (FOR MK) - Jul 2026

Formosa Prosonic Industries (FPI) is a manufacturer of speaker systems and related components, currently facing significant headwinds with...

αSK Primers

Formosa Prosonic: Remains Good Value

​Company declared 80 cents dividend on Nov. 20th, stock became ex dividend on Dec. 24th, payable on Jan. 16th. Despite strong performance, stock is...

Punit Khanna

Company update: Stock trading below liquidation value, insiders buying back shares, management hinting at new customer and product in non-audio...

Formosa Prosonic's 2nd quarter revenue surged by 66%, but profit margins decreased and net income dropped despite cost control efforts. Excess...

Company declared 80 cents dividend on Nov. 20th, stock became ex dividend on Dec. 24th, payable on Jan. 16th. Despite strong performance, stock is...