Back 13 May 2025

PNE Industries Ltd Kicks Off FY2025 Strong: Revenue and Profitability Climb Sharply, Interim Dividend Proposed

Link: https://links.sgx.com/1.0.0/corporate-announcements/ZIGDINQN6V5PSDNX/2dbf7fd4587b1adbba03e62fd4835d717dd61a9a031a4d2fb29a48ac3a1bf69b

Summary:

  • PNE Industries Ltd reported a 20.6% increase in revenue, reaching S$34.944 million for the first half of FY2025.
  • Profit after tax saw a substantial increase of 140.1%, rising to S$461,000.
  • Basic and diluted earnings per share for the period increased by 118.5% to 0.5 cents.
  • The Directors have proposed an interim dividend of 1.0 cent per share, with payment scheduled for June 13, 2025.
  • The company notes that the global economic environment remains highly uncertain, and the industries in which it operates are intensely competitive.