Home Capital Results

ISDN reports higher 1QFY2022 earnings despite slightly lower revenue

The Edge Singapore
The Edge Singapore6/12/2022 05:07 PM GMT+08  • 1 min read
ISDN reports higher 1QFY2022 earnings despite slightly lower revenue
Photo: Samuel Isaac Chua
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.

ISDN Holdings has reported revenue of $94.7 million for 1QFY2022 ended March, down 3.8%.

Even so, earnings for the same period was up 5.8% y-o-y to $6.4 million, thanks partly to better gross margins of 27.9%, up 0.9 points from 1QFY2021.

“Despite the significant challenges of operating while under Covid-19 restrictions in our China operations, we are pleased that our employees were able to react with agility to mitigate impact on our business,” says managing director and president Teo Cher Koon (picture).

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.
Unlock unlimited access to premium articles with less than $9 per month. Subscribe Now