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Nordic Group's earnings surges by 317% in 1H21; proposes dividend of 0.98 cents

Amala Balakrishner
Amala Balakrishner8/7/2021 02:42 PM GMT+08  • 3 min read
Nordic Group's earnings surges by 317% in 1H21; proposes dividend of 0.98 cents
Of 0.98 proposed dividend 0.78 cents is an interim dividend while 0.2 cents is a special dividend.
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Nordic Group reported earnings of $7.8 million in 1HFY21 ended June, a 317% surge from the $1.9 million posted in the year before.

On a fully diluted basis, earnings per share came in at 2.0 cents, up from 0.5 cents in 1HFY20.

With this, net asset value per share stood at 24.5 cents on June 30, compared to 22.8 cents on Dec 31.

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