Bacui Technologies's Attributable Profit More Than Doubles in H1; Shares Surge 100%

MT Newswires

08/14

Bacui Technologies' (SGX:YYB) attributable profit to equity holders more than doubled in the first half of the year to SG$372,000 from SG$82,000 a year earlier, according to a Thursday filing with the Singapore Exchange.

Earnings per share rose to SG$0.00009 compared with SG$0.00008 in the comparable period.

Revenue jumped 18% year over year to SG$31.1 million from SG$26.4 million, mainly due to an increase in the labor outsourcing revenue.

The company declared an interim dividend of SG$0.000011 per share for the period.

Shares of the company surged over 100% in recent trading.

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