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Resources Global reports 34.6% increase in 2HFY2022 earnings of $12.0 mil

Felicia Tan
Felicia Tan • 2 min read
Resources Global reports 34.6% increase in 2HFY2022 earnings of $12.0 mil
A final cash dividend of 3 cents per share has been recommended.
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Catalist-listed coal trader and coal shipping company, Resources Global (SGX:QSD) , has reported earnings of $12.0 million for the 2HFY2022 ended Dec 31, 2022, 34.6% higher y-o-y.

The earnings growth is attributable to the higher revenue, interest income and other income for the period, offset by currency translation losses.

Earnings for the FY2022 stood at $20.1 million, 35.8% higher y-o-y, thanks to the higher revenue, interest income and other income. This was also offset by higher administrative costs and tax expenses.

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