Shares & Derivatives
Tai Sin Electric Limited FY18 Financial Results
By My Sweet Retirement  •  September 11, 2018
Recently, Tai Sin Electric Limited had announced their full year financial statement for the year ended 30 June 2018. A dividend of 1.50 cents was also declared. I have done My Personal Analysis on Tai Sin Electric Limited last year (2017) and have added this small cap stock to my wife’s stock portfolio. The stock price had declined slightly since I bought this stock for my wife. Cable & Wire business segment, which was the main revenue contributor to Tai Sin Electric Limited was affected by the increase in copper prices over the past quarters. This have caused their gross profit margins to be compressed. Now, let us look at their FY18 full year results ended 30 June 2018.

Revenue

Revenue was higher by $44.889 million, up 16.05% to $324.542 million when compared to $279.653 million from the last financial year (FY17). The revenue comes ......
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By My Sweet Retirement
I am a working salaried professional in my mid 30s. Just like most Singaporeans, I worked long office working hours, often trying very hard to find some work life balance. The Sweet Retirement Blog was created to share my journey towards achieving a comfortable retirement life. I believe we cannot simply rely solely on our Central Provident Fund savings when reaching old age. Neither can we rely solely on our bank savings as we all know the interest rates cannot beat inflation.
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