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Hafary Swings to Profit in First Half as Revenue Soars over 100%

MT Newswires ·  08/09/2021 16:38

04:38 AM EDT, 08/09/2021 (MT Newswires) -- Hafary Holdings (SGX:5VS) booked a profit attributable to owners of the parent of SG$5.1 million ($3.8 million), or SG$0.0118 per share, for the six months ended June 30, compared with an attributable loss of SG$1.7 million, or SG$0.0039 per share, a year ago.

Revenue for the period soared 100.7% to SG$60.3 million, from SG$30.1 million in the year-ago period, mainly due to the active resale market and healthy demand from home buyers, according to a Friday bourse disclosure.

The tile manufacturer did not recommend any dividend for the reporting period.

Price (SGD): S$0.17, Change: S$0.00, Percent Change: 0.00%

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