Powermatic Data Systems Attributable Profit Declines 27% in Fiscal H1

MT Newswires

Nov 07

Powermatic Data Systems (SGX:BCY) attributable profit to owners declined by 27% during fiscal first half ended Sept. 30 to SG$772,000 from SG$1.1 million a year earlier, according to a Friday filing with the Singapore Exchange.

Earnings per share fell to SG$0.0221 compared with SG$0.0303 in the comparable period.

Revenue meanwhile, fell 18% year over year to SG$6.1 million from SG$7.5 million, mainly due to decline in revenues from the US and European markets.

The company declared a special interim dividend of SG$0.1 per share for the period.

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