PNE Industries' Net Profit Nearly Flat in Fiscal H2

MT Newswires

2024-11-28

PNE Industries' (SGX:BDA) net profit in the second half of fiscal 2024 was nearly flat at SG$1.1 million according to a filing with the Singapore Exchange on Wednesday.

Earnings per share in the six months ended Sept. 30 remained unchanged from the year-ago period at SG$0.013.

The electronics manufacturer's revenue was up 11% year over year to SG$32.0 million from SG$28.9 million due to higher customer demand.

PNE Industries declared a final one-tier exempt dividend of SG$0.02 per share for the period.

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