The Group’s profit before tax of $8.2 million for 2Q19 was $0.4 million or 5.6% higher than 2Q18.
Taxation for the Group of $1.5 million for 2Q19 was $0.1 million or 8.3% higher than 2Q18 due to higher profit in 2Q19.
The Group’s Profit attributable to Shareholders of the Company of $6.6 million for 2Q19 was $0.3 million or 4.9% higher than 2Q18.
The interim dividend has risen from 13.46 cents to 14.11 cents.
Looks like we may see a slight increase of the yearly dividend .
Looking at the past dividend being declared, we can noticed dividend has been rising up steadily for the past few years, looks positive.
The vehicle inspection business is expected to remain strong as more cars that were registered after April 2014 pass the three-year mark and are now subject to a new emission test requirement by the National Environment Agency. The non-vehicle testing business will remain challenging, with the expected slowdown in the Singapore economy.
It would be interesting to see how market will react to this set of good financial numbers.
Not a call to buy or sell.
Pls dyodd.
No comments:
Post a Comment