Tai Sin Electric's Attributable Profit Zooms 129% in Fiscal H1

MT Newswires

02-18

Tai Sin Electric's (SGX:500) profit attributable to shareholders surged 129% during the fiscal first half ended Dec. 30, 2024 to SG$15.9 million from SG$6.9 million a year earlier, according to a filing with the Singapore Exchange on Friday.

Earnings per share rose to SG$0.0345 compared with SG$0.015 in the comparable period.

Revenue was up 20% year over year to SG$235.1 million from SG$195.7 million, due to improved performances across all major segments.

The company declared an interim cash dividend of SG$0.0075 per share, same as the year-ago's dividend.

Shares of the cable manufacturing company were down over 1% in recent trading.

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