Shares & Derivatives
Tai Sin Electric Limited (SGX: 500): 2024 Full Year Result
By DividendParadise  •  September 8, 2024
On 28 August 2024, Tai Sin Electric Limited (“TSE”) have announced their full year result for FY2024. Their results were affected by the semi-conductor downturn, though management have disclosed that their results for the second half of FY2024 have seen improvements. This may translate to better performance for the next financial year, which could be a good indication of stability as despite the lowered performance, their earnings per share is sufficient to sustain their current dividend payout. Website: Financial Statements And Related Announcement::Full Yearly Results Photo source: https://www.taisin.com.sg/about-us/ Background TSE is a Singapore-based investment holding company. The Company is engaged a cable and wire manufacturer and dealer in such products. Listed on the Stock Exchange of Singapore Catalist (formerly known as SESDAQ) in 1998, the Group was subsequently transferred to the SGX Main Board in 2005. Its operating segments include Cable & Wire (“C&W”), Electrical Material Distribution (“EMD”), Switchboard...
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By DividendParadise
I am an ex-auditor. I tend to adopt a more skeptical view and downplay what Companies like to project themselves as.
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