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Broadway Industrial’s FY2021 earnings and revenue reach five-year high; declares dividend of 1.0 cent per share

Felicia Tan
Felicia Tan • 4 min read
Broadway Industrial’s FY2021 earnings and revenue reach five-year high; declares dividend of 1.0 cent per share
The dividend of 1.0 cent comprises a final ordinary dividend of 0.5 cent, as well as a special dividend of 0.5 cent per share.
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Broadway Industrial Group (BIG) has reported earnings of $7.4 million for the 2HFY2021 ended December, 1.2% higher than earnings of $7.3 million in the same period the year before.

The growth for the half-year period marked four consecutive halves of growth as the group’s business turnaround strategy continues to yield results.

Excluding the $2.4 million charge for the impairment of goodwill, BIG’s earnings would have been $9.8 million, up 33.5% y-o-y.

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