ISDN Holdings reports more than double earnings for 2H20 and FY20; proposes dividend of 0.8 cents

Industrial automation firm ISDN Holdings has reported earnings of $5.6 million and $15.1 million for the 2HFY2020 and FY2020 ended December, representing a 271.4% and 114.8% y-o-y increase from the previous year’s earnings.

The results came in line with the company’s guidance on Feb 19, who expected earnings to grow by over 80% for the FY2020.

Earnings per share (EPS) for the 2HFY2020 and FY2020 stood at 1.28 cents and 3.51 cents on a fully diluted basis.