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Ban Leong Technologies see FY20/21 earnings surge 2.6 times to $7.2 mil

Felicia Tan
Felicia Tan5/24/2021 06:21 PM GMT+08  • 2 min read
Ban Leong Technologies see FY20/21 earnings surge 2.6 times to $7.2 mil
The company has recommended a final one-tier dividend of 2.5 cents per share for the FY2020/2021.
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Ban Leong Technologies has reported earnings of $7.2 million for the FY2020/2021 ended March, 160.5% – or 2.6 times – higher than earnings of $2.8 million in the year before.

The higher earnings were attributable to higher revenue, gross profit, as well as other operating income during the year.

Earnings per share (EPS) stood at 6.17 cents on a fully diluted basis, compared to the 2.51 cents in the FY2019/2020.

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