Home Capital Results

Megachem reports 2HFY2021 earnings of $4 mil, up 64.5% y-o-y

The Edge Singapore
The Edge Singapore 2/21/2022 08:19 PM GMT+08  • 1 min read
Megachem reports 2HFY2021 earnings of $4 mil, up 64.5% y-o-y
The company plans to pay a final dividend of 1.2 cents per share, bringing FY2021 total to two 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.

Chemicals company Megachem has reported earnings of $4 million for 2HFY2021 ended Dec 2021, up 64.5% y-o-y. Revenue in the same period was up 37.1% y-o-y to $73 million.

For the whole of FY2021, earnings grew by 51.4% y-o-y to $7.76 million, on the back of 32% increase in revenue to $138.9 million.

The company attributes the higher numbers to both a higher volume of chemicals sold, as well as higher selling prices.

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