XHM's (SGX:BQF) attributable profit to owners for the fiscal first half ended Oct. 31 jumped 23% to SG$15.4 million from SG$12.6 million a year earlier, according to a Friday filing with the Singapore Exchange.
Shares of the provider of diesel engine, propulsion and power generation solutions were down nearly 2% in Monday trading.
Earnings per share rose to SG$0.1409 compared with SG$0.1149 in the comparable period.
Revenue was up 41% year over year to SG$94.0 million from SG$66.9 million, driven by increased revenue across all segments.