Vibrant's Attributable Profit Jump 56% in Fiscal H1
MT Newswires
Dec 15
Vibrant's (SGX:BIP) attributable profit to owners for the fiscal first half ended Oct. 31 surged 56% to SG$5.2 million from SG$3.3 million a year earlier, according to a Friday filing with the Singapore Exchange.
Shares of the integrated logistics services provider were down nearly 1% in Monday trading.
Earnings per share rose to SG$0.0076 compared with SG$0.0049 in the comparable period.
Revenue, meanwhile, dropped 10% year over year to SG$71.0 million from SG$78.7 million, due to a decline in freight business activities.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.