Home Capital Results

First Sponsor sees 18.7% earnings growth to $69 mil for 1H21, declares interim DPS of 1.1 cents

Atiqah Mokhtar
Atiqah Mokhtar7/30/2021 6:41 PM GMT+08  • 3 min read
First Sponsor sees 18.7% earnings growth to $69 mil for 1H21, declares interim DPS of 1.1 cents
1H21 EPS on a fully diluted basis came in at 5.2 cents.
Font Resizer
Share to WhatsappShare to FacebookShare to LinkedInMore Share
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

First Sponsor Group has reported earnings of $69 million for the 1HFY2021 ended June, up 18.7% y-o-y from $58.1 million.

Earnings per share (EPS), on a fully diluted basis, came in at 5.2 cents for the period, declining 1.3% y-o-y from 5.27 cents previously.

Revenue grew 50.5% y-o-y to $156.8 million, primarily driven by a $59 million increase in property development revenue on the back of the handover of SOHO loft units in Plot F of the Chengdu Millennium Waterfront project in 1H2021.

For more insights on corporate trends...
Sign In or Create an account to access our premium content.
Subscription Entitlements:
Less than $9 per month
Unlimited access to latest and premium articles
3 Simultaneous logins across all devices
Bonus unlimited access to online articles and virtual newspaper on The Edge Malaysia (single login)
×
Loading next article...
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
© 2022 The Edge Publishing Pte Ltd. All rights reserved.