Ecowise's (SGX:5CT) attributable profit to equity holders surged 83% in fiscal Q4 to SG$511,000 from SG$280,000 a year earlier, according to a late Friday filing with the Singapore Exchange.
Earnings per share rose to SG$0.00133 compared with SG$0.00029 in the comparable period.
Revenue declined 3% year over year to SG$9.2 million from SG$9.5 million, due to a decrease in revenue from the resource recovery segment.
Shares of the company surged over 14% in recent trading.