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Multi-Chem earnings up 36% y-o-y to $27.1 million, raises FY2023 dividends

Bryan Wu
Bryan Wu • 2 min read
Multi-Chem earnings up 36% y-o-y to $27.1 million, raises FY2023 dividends
The company has declared a final dividend of 15.5 cents for FY2023, bringing total dividends for the year to 24.3 cents. Photo: Bloomberg
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Multi-Chem (SGX:AWZ) has announced earnings of $27.1 million for the FY2023 ended Dec 31, 2023, a 36% increase over its earnings of $20.0 million in FY2022. 

Earnings per share also increased to 30.1 cents for FY2023, compared to 22.2 cents in the previous financial year.

For the full-year period, revenue was up 7% y-o-y in FY2023 to $658.4 million, with cost of sales also increasing 6% y-o-y to $568.5 million.

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