Earnings for the FY2021 surged 179.4% y-o-y to $686.4 million, from FY2020’s earnings of $245.7 million, making it a record high for the group.
OIam International has swung to profitability in the 2HFY2021 ended December with earnings of $264.9 million, compared to a loss of $87.0 million in the corresponding period the year before.
The higher earnings were due to improved operating profit and lower exceptional losses, says the group in its statement on Feb 28.
