Posted by Kevin Scully
Straco Corporation reported its full year FY2012 results yesterday. No major surprises at the operating level with the company delivering revenue and profit growth of about 20%. I was however pleasantly surprised by the dividend which total 1.25 cents compared to 0.75 cents in 2011 comprising a final dividend of 0.75 cents and a special dividend of 0.5 cents.
Key highlights in the results:
a) revenue for 2012 rose 20% toS$55.2mn
b) net attributable profit rose 19% to S$19.73mn
c) balance sheet very healthy with net cash of S$95.9mn or about 11.3 cents per share
d) EPS for 2012 was 2.32 cents
e) NAV ...
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