Jul 30, 2010

Tuan Sing posts 520% rise in 1H net profit to $26.4m

Written by The Edge

Friday, 30 July 2010 18:34

Tuan Sing says it posted a net profit after tax attributable to shareholders of $26.4 million for the first half year ended 30 June 2010, an increase of 520% compared to the same period last year.

Group revenue reached $180.5 million in the first half, compared to $84.5 million the same period last year. Earnings per share for the first half year rose to 2.3 cents from 0.4 cent a year earlier. Net assets value per share advanced to 44.5 cents as at end June 2010

Dividend : None