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13 May 2025
PNE Industries Ltd Kicks Off FY2025 Strong: Revenue and Profitability Climb Sharply, Interim Dividend Proposed
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.