Hosen Group's Attributable Profit Rises in H1

MT Newswires08-09

Hosen Group (SGX:5EV) booked a higher attributable profit to the owners of SG$589,000 in the first half of the year, compared with SG$314,000 in the year-ago period, according to a filing with the Singapore Exchange on Thursday.

Earnings per share came in at SG$0.0018 compared to SG$0.0010 in the year-ago period.

Revenue was up to SG$37.7 million from SG$33.7 million in the year-ago period, primarily due to higher sales volume and adjustments in selling price to cover rising costs.

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