Avi-Tech Returns to Profit in Fiscal H2

MT Newswires

08/26

Avi-Tech (SGX:1R6) booked a profit of SG$894,000 during the fiscal half of the year ended June 30, against a loss of SG$38,000 a year earlier, according to a Tuesday filing with the Singapore Exchange.

Earnings per share came in at SG$0.0052 compared with a loss per share of SG$0.0002 in the comparable period.

Revenue jumped 49% year over year to SG$12.6 million from SG$8.4 million.

The company declared a final dividend of SG$0.0025 per share for the period, down from SG$0.0075 a year earlier.

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