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OKP reports 2HFY2023 earnings of $9 million, proposes special dividend

The Edge Singapore
The Edge Singapore • 2 min read
OKP reports 2HFY2023 earnings of $9 million, proposes special dividend
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OKP Holdings has reported earnings of $9 million for 2HFY2023 ended Dec 2023, a turnaround from a loss of $2.2 million in the year-earlier period. 

This brings the company's FY2023 earnings to $44.6 million, from a loss of $1 million in FY2022. The better showing was partly helped by a one-off gain from an arbitral award.

OKP plans to pay a final and special dividend of 0.7 cents and 0.8 cents respectively, bringing full-year payout to 2 cents, which includes the interim dividend of 0.05 cent already paid.

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