ISDN Holdings

Results

ISDN reports lower FY2023 earnings but sees recovery and steadier hydropower revenue

ISDN's hydropower business in Indonesia collected $8.8 million in tariffs
ISDN posts 11.3% lower revenue, 43.8% lower net profit for 1HFY2023 - THE EDGE SINGAPORE

Results

ISDN posts 11.3% lower revenue, 43.8% lower net profit for 1HFY2023

The group blames cyclical impact from three semiconductor industry customers and the weaker renminbi.

Broker's Calls

CGS-CIMB downgrades ISDN to 'reduce' on weaker prospects in China

The company has recently commenced commercial operations at two of its mini-hydropower plants in Indonesia and is eyeing more
ISDN receives commercial operation approval and commencement date for two additional mini-hydropower plants - THE EDGE SINGAPORE

Sustainability

ISDN receives commercial operation approval and commencement date for two additional mini-hydropower plants

Shares in ISDN closed 5 cents higher or 10.75% up at 51.5 cents on June 16.
ISDN reports lower FY2022 earnings; eyes meaningful contribution onwards from hydropower - THE EDGE SINGAPORE

Results

ISDN reports lower FY2022 earnings; eyes meaningful contribution onwards from hydropower

ISDN projects annual earnings of $2 million from its hydropower business for 25 years
Brokers' Digest: Singapore Airlines, ISDN Holdings, iFast Corp - THE EDGE SINGAPORE

Broker's Calls

Brokers' Digest: Singapore Airlines, ISDN Holdings, iFast Corp

See what the analysts have to say this week.

Broker's Calls

CGS-CIMB ups ISDN's TP as Anggoci is expected to obtain its commercial operation date soon

“We assume that Anggoci can achieve COD by end-1QFY2023 and contribute to ISDN’s FY2023-FY2024 net profits": CGS-CIMB.

Broker's Calls

CGS-CIMB upgrades ISDN Holdings to 'add' on China’s reopening and contribution from hydropower business

CGS-CIMB Research has also upped its target price to 55 cents from 42 cents previously.
ISDN commercialises first 10 MW hydropower plant - THE EDGE SINGAPORE

Company in the news

ISDN commercialises first 10 MW hydropower plant

The group says it expects to see “meaningful contributions” from the plant in the FY ending 2023.

Broker's Calls

Cautious on ISDN for the short term, positive on the long term: CGS-CIMB

The company's 3Q results were lower y-o-y, but came in flat q-o-q.
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