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Vicplas International's 1HFY2022 earnings inch up 0.6% to $5.0 mil

Felicia Tan
Felicia Tan3/11/2022 11:06 AM GMT+08  • 3 min read
Vicplas International's 1HFY2022 earnings inch up 0.6% to $5.0 mil
As at 11.07am, shares in Vicplas are trading 0.6 cent higher or 3.02% up at 20.5 cents.
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Vicplas International has reported earnings of $5.02 million for the 1HFY2022 ended January, 0.6% higher than earnings of $4.99 million in the corresponding period a year ago.

The earnings growth was attributable to a growth in the half-year revenue and offset by the higher costs in energy and raw material, as well as the absence of Covid-19 grants from the government.

This translates to earnings per share (EPS) of 0.97 cent, up from the previous half-year period’s 0.96 cent on a fully diluted basis.

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