Valuemax's Attributable Profit Surges 36% in H1; Shares Up 7%

MT Newswires

08/12

Valuemax Group's (SGX:T6I) attributable profit to owners jumped 36% in the first half of the year to SG$48 million from SG$35.4 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Earnings per share rose to SG$0.0507 compared with SG$0.0393 in the comparable period.

Revenue was up 17% year over year to SG$268.3 million from SG$229.8 million, mainly due to increased revenue from retail and trading of jewelry and gold.

The company declared an interim dividend of SG$0.012 per share for the period.

Shares of the pawnbroker surged nearly 7% at market close.

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