Precision plastic components maker Sunningdale Tech reported a 52.1% increase in FY2015 earnings to $42.1 million.
This was on the back of a 41.8% jump in revenue to $674.5 million, driven by increases in orders across all business segments and the full contribution from First Engineering Limited (FEL) Group.
The group’s automotive segment registered the highest revenue growth rate of 80.2% to $219.1 million.
Sunningdale Tech’s board of directors is recommending a final dividend of five cents, representing a 21.2% dividend payout ratio and 5.5% dividend yield based on the stock’s closing price of 91 cents on Feb 26.
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This was on the back of a 41.8% jump in revenue to $674.5 million, driven by increases in orders across all business segments and the full contribution from First Engineering Limited (FEL) Group.
The group’s automotive segment registered the highest revenue growth rate of 80.2% to $219.1 million.
Sunningdale Tech’s board of directors is recommending a final dividend of five cents, representing a 21.2% dividend payout ratio and 5.5% dividend yield based on the stock’s closing price of 91 cents on Feb 26.
Click Here To Register For Free Trial Services OR Give A Missed Call : +6531581402 Follow Us On Twitter : www.twitter.com/epicresearchsg Like Us On Facebook : www.facebook.com/EpicResearchSingapore Need Any Assistance Feel Free To Mail Us at : info@epicresearch.sg
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