The surge in FY2022 earnings was due mainly to a gain on disposal of an associate. The higher full-year revenue and other income also contributed to the earnings growth.
Shares in CDW Holdings (SGX:BXE
) closed 1.92% to 25.5 cents on March 1, hours after it reported a surge in its earnings for the 2HFY2022 and FY2022 ended Dec 31, 2022.
For the 2HFY2022, earnings surged 3.85 times y-o-y to US$13.2 million ($17.8 million) from US$3.4 million while FY2022 earnings surged six times to US$14.3 million from US$2.4 million previously.
