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ISDN reports lower FY2022 earnings; eyes meaningful contribution onwards from hydropower

The Edge Singapore
The Edge Singapore • 3 min read
ISDN reports lower FY2022 earnings; eyes meaningful contribution onwards from hydropower
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Weighed down by pandemic-related disruptions in China, ISDN Holdings has reported lower earnings and revenue for FY2022.

However, the company believes it is well poised to capture the recovery riding on further industrialisation in China.

For the year ended Dec 31 2022, ISDN, which is also quoted in Hong Kong dollars, reported earnings of $14.6 million, down 42.6% over FY2021. Revenue in the same period was down 15.8% to $370.8 million.

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