BRC Asia's Attributable Profit Up 24% in Fiscal H1

MT Newswires

05/11

BRC Asia's (SGX:BEC) attributable profit to owners rose 24% in the fiscal first half ended March 31, to SG$52.0 million from SG$42.1 million a year earlier, according to a Friday filing with the Singapore Exchange.

Shares of the prefabricated steel manufacturing company were down over 2% in Monday trading.

Earnings per share came in at SG$0.1895 compared with SG$0.1533 in the year-ago period.

Revenue jumped 30% year over year to SG$931.0 million from SG$715.6 million.

The company declared an interim dividend of SG$0.08 per share for the period, up from SG$0.06 per share a year earlier.

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