Second quarter 2021 earnings released: EPS S$0.26 (vs S$0.24 in 2Q 2020)
The company reported a solid second quarter result with improved earnings and revenues, although profit margins were flat.Second quarter 2021 results:
- Revenue: S$745.5m (up 7.6% from 2Q 2020).
- Net income: S$75.1m (up 7.0% from 2Q 2020).
- Profit margin: 10% (in line with 2Q 2020).
Over the last 3 years on average, earnings per share has fallen by 13% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings.