Isoteam's Attributable Profit Declines 37% in Fiscal H2; Shares Plunge Over 9%

MT Newswires

08/28

Isoteam's (SGX:5WF) attributable profit to equity holders fell 37% during fiscal second half ended June 30 to SG$3.2 million from SG$5.1 million a year earlier, according to a Wednesday filing with the Singapore Exchange.

Shares of the company plunged over 9% in Thursday trading.

Earnings per share dropped to SG$0.0046 compared with SG$0.0073 in the comparable period.

Revenue dropped 20% year over year to SG$53.8 million from SG$67.4 million.

The company declared a dividend of SG$0.0008 per share for the period, unchanged from a year earlier.

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