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BRC Asia sees 1H21 earnings fall 15% to $19.2 mil due to provisions for onerous contracts

Felicia Tan
Felicia Tan5/5/2021 06:57 PM GMT+08  • 4 min read
BRC Asia sees 1H21 earnings fall 15% to $19.2 mil due to provisions for onerous contracts
The group has declared an interim dividend of 4 cents per share for the 1HFY2021.
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BRC Asia has reported earnings of $9.5 million for the 2QFY2021 ended March, 4% lower than earnings of $10.0 million in the corresponding period the year before.

This brings earnings for the 1HFY2021 to $19.2 million, 15% lower than earnings of $22.7 million in the 1HFY2020.

Earnings per share (EPS) for the 2QFY2021 and 1HFY2021 stood at 3.97 cents and 8.08 cents respectively on a diluted basis.

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