First half 2021 earnings released: EPS S$0.026 (vs S$0.033 loss in 1H 2020)
The company reported a strong first half result with improved earnings, revenues and profit margins.First half 2021 results:
- Revenue: S$3.29b (up 26% from 1H 2020).
- Net income: S$46.0m (up S$105.0m from 1H 2020).
- Profit margin: 1.4% (up from net loss in 1H 2020).
Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings.