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ISDN reports record revenue and profits in FY2021

Lim Hui Jie
Lim Hui Jie2/28/2022 3:30 PM GMT+08  • 2 min read
ISDN reports record revenue and profits in FY2021
In light of the results, ISDN plans to give a final dividend of 1.45 cents per share
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Industrial automation firm ISDN Holdings has reported record FY2021 revenue of $440 million for the year ended December 2021, with a full year profit of $25.4 million.

This represents a 22% y-o-y growth in revenue, and a 68% jump in earnings.

The company also recorded a 14.5% y-o-y rise in 2HFY2021 revenue, from $194.6 million to $222.9 million. Despite gross profit margins remaining flat at 27%, earnings for 2HFY2021 increased 139.2% to $13.3 million.

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