Revenue increased by $19.8 million from $67.5 million in 1QFY2022 to $87.3 million in 1QFY2023, mainly due to higher progressive recognition achieved for the projects carried out in the first quarter of 2023.
Dyna-Mac Holdings (SGX:NO4
) has announced earnings of $3.87 million for its 1QFY2023 ended March 31, a 107.7% y-o-y increase compared to the $1.86 million in net profit posted in the corresponding period last year.
For the period, the company’s earnings per share also increased by 89.7% to 37 cents per share, up from 19 cents per share in 1QFY2022.
