Financial Results
Second Quarter Results 2008
“Steady PBT Growth at 2Q”
FINANCIAL HIGHLIGHTS For the Second quarter ended 30 June 2008 |
|||
2008 2Q |
2007 2Q |
Growth % |
|
| Turnover ($m) | 283 |
273 |
3 |
| Investment, interest and other income ($m) | 1.1 |
0.7 |
42 |
| Earnings before interest and tax (EBIT) ($m) | 30.2 |
25.7 |
18 |
| Profit before tax ($m) | 29.3 |
25.9 |
13 |
| Profit attributable to shareholders ($m) | 21.1 |
19.9 |
6 |
- Economic Value Added for first half of 2008 was $24.1 million
The Electronics sector continues to secure international projects, including the US$8m advanced taxi management system project for Sharjah Public Transport Corporation in the United Arab Emirates and the RMB88.7m Automatic Fare Collection systems project for the Guangzhou Metro in China. VT iDirect Inc. launched the first suite of DVB-S2/ACM satellite communication products.
The Electronics sector remains focused on developing new market opportunities in e-Government & e-Enterprise, Satellite Communications and Interactive Media. We will continue to expand our international presence, especially in the Asia Pacific region and the Gulf States.
Seah Moon Ming,
President
N.B.: All currencies are in Singapore dollars.
Electronics 2Q2008 Unaudited Results (pdf format/6 pages)
Past Financial Results
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