The company plans to pay a first and final dividend of 2.75 cents per share, equivalent to a payout ratio of 30%.
Alfie Yeo of RHB Bank Singapore has raised his target price for Frencken Group from $2.03 to $2.56, as there is now better visibility that its semiconductor customers will drive a pick up in earnings growth this coming second half of the year.
Frencken's FY2025 earnings were in line with his estimates, with a slight tick up of 5% to $39 million over the preceding FY2024. Revenue in the same period was up 10% to $778 million.
