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Nordic Group reports 49% earnings jump for 1HFY2022, plans higher interim dividend

The Edge Singapore
The Edge Singapore8/5/2022 01:17 PM GMT+08  • 2 min read
Nordic Group reports 49% earnings jump for 1HFY2022, plans higher interim dividend
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Nordic Group has reported earnings of $11.6 million for 1HFY2022 ended June 30, up 49% y-o-y.

Revenue in the same period was up 62% y-o-y to $79.8 million, as it fulfilled more contracts in service and maintenance.

The company, led by executive chairman Chang Yeh Hong (picture), plans to pay an interim dividend of 1.162 cents per share, versus 0.98 cents per share paid for 1HFY2021.

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