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Delfi kept at 'buy' on higher demand, right-sizing and repricing

Samantha Chiew
Samantha Chiew3/1/2019 03:22 PM GMT+08  • 2 min read
Delfi kept at 'buy' on higher demand, right-sizing and repricing
SINGAPORE (Mar 1): Delfi on Wednesday announced 4Q18 earnings increased 70.4% y-o-y to US$4.13 million ($5.57 million), while revenue was 8.1% higher at US$107.9 million.
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SINGAPORE (Mar 1): Delfi on Wednesday announced 4Q18 earnings increased 70.4% y-o-y to US$4.13 million ($5.57 million), while revenue was 8.1% higher at US$107.9 million.

For FY18, the group recorded a 6% increase in earnings to US$20.9 million compared to the same period a year ago, with a 12.0% y-o-y growth in earnings to US$427.0 million.

The group has also declared a final cash dividend of 1.10 cents per share.

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