Vibrant Group Books Attributable Profit for Fisal H1

MT Newswires07-01

Vibrant Group (SGX:BIP) booked an attributable profit to the owners of the company of SG$3.8 million in fiscal H1, compared with an attributable loss of SG$3.4 million in the year-ago period, according to a filing with the Singapore Exchange on Friday.

Earnings per share came in at SG$0.0056 compared to a loss per share of SG$0.0049 in the comparable period.

Revenue was down 8% year over year to SG$68.9 million from SG$74.9 million. The logistics company attributed this to a decline in revenue from freight and logistics segments.

The board recommended a dividend of SG$0.002 for the year ending April 30.

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