Singamas Cont year net turns black to US$41.45m;div HK2.5cts
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Singamas Container (00716) said it reported a profit attributable to owners of US$41.45 million for the year ended 31 December 2017, as compared to the loss of US$59.43 million for the previous financial year. Basic and diluted earnings per share were US1.72 cents. Revenue amounted to US$1,477 million, an increase of 61.1% from a year earlier. Singamas Container said the global economy began to improve during the review year, leading to a rise in international trade. As a consequence, shipping volume increased, particularly in the PRC, which drove demand for containers. The proposed final dividend is HK2.5 cents (2016: nil) per share. |
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