Hock Lian Seng delivers an unexpectedly good set of results…..pays a higher dividend….still undervalued………
By Kevin Scully-Financial Blog • February 23, 2012
Hock Lian Seng delivers an unexpectedly good set of results.....pays a higher dividend....still undervalued.........Thursday, 23 February, 20128:45 AM
Posted by Kevin Scully Hock Lian Seng delivered an unexpectedly good set of FY2011 results. See details in the Table below:
2011
2010
%
FYE Dec 31
S$mn
S$mn
chng
Revenue
163.7
229.0
-28.5%
Other income
1.5
6.7
-77.7%
Pretax profit
36.8
32.4
13.4%
Pretax margin (%)
22.5%
14.2%
58.6%
Net attributable pft
31.1
27.0
15.0%
EPS (s cents)
6.1
5.3
15.1%
NAV (s cents)
22.0
17.5
25.7%
Dividend (s cents)
2.0
1.6
22.7%
Key points to note in the results:a) the unexpected improvement in results came from a more than ......
