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SUTL sees 84% surge in earnings for 1H21, declares special dividend of 10 cents per share

Atiqah Mokhtar
Atiqah Mokhtar8/10/2021 10:45 AM GMT+08  • 3 min read
SUTL sees 84% surge in earnings for 1H21, declares special dividend of 10 cents per share
Revenue for the period grew 20% y-o-y to $16.1 mil following the resumption of more activities amidst recovery from the pandemic.
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SUTL Enterprise, the developer and operator of marinas, reported earnings of $2.6 million for the 1HFY2021 ended June, an increase of 84% from the previous year.

This translates to earnings per share (EPS) of 3 cents, compared to 1.62 cents the previous year.

The board of directors has declared a special dividend of 10 cents per share.

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