Japan Foods records 2HFY21 earnings of $3.3 mil, declares final DPS of 1.75 cents

Japan Foods Holdings saw a better 2HFY2021 ended March following the relaxation of Covid-19 measures, resulting in a reversal from a loss of $0.5 million in 2HFY2020 to earnings of $3.3 million on the back of revenue that grew 0.5% y-o-y to $32.5 million.

This brings its FY2021 earnings to $3.6 million, up 256% from the previous period.

Earnings per share (EPS) came in at 1.9 cents for the 2HFY2021 and 2.1 cents for FY2021 respectively.