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RE&S Holdings back in the black with earnings of $9.5 mil for FY2021

The Edge Singapore
The Edge Singapore • 2 min read
RE&S Holdings back in the black with earnings of $9.5 mil for FY2021
The company plans to maintain a dividend payout ratio of 60%
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Food and beverage company RE&S has reported earnings of $9.5 million for the FY2021 ended June 30, reversing from a loss of $5.4 million in the preceding year.

Revenue in the same period was up 12% to $124 million, as the company generated more online sales.

It plans to pay a final dividend of 0.85 cents, which, coming on top of the interim dividend of 0.85 cents, will bring the full year payout to 1.7 cents and a payout ratio of 60%.

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