Floating Button
Home Capital Results

Asia Enterprises reports 471% surge in 1H21 earnings to $1.3 million

Amala Balakrishner
Amala Balakrishner • 3 min read
Asia Enterprises reports 471% surge in 1H21 earnings to $1.3 million
Net asset value per ordinary share was $27.47 on June 30, compared to $27.59 on Dec 31.
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

Earnings of steel products distributor Asia Enterprises surged 471% to $1.3 million in 1HFY21 ended June, from $227,000 in the year, despite a substantial drop in its revenue.

On a fully diluted basis, this translates to earnings per share of 0.38 cents, compared to 0.07 cents in 1HFY20.

With this, its net asset value per ordinary share was $27.47 on June 30, compared to $27.59 on Dec 31.

×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
© 2026 The Edge Publishing Pte Ltd. All rights reserved.