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Serial System posts 91% lower 4Q earnings of US$0.4 mil

Michelle Zhu
Michelle Zhu • 2 min read
Serial System posts 91% lower 4Q earnings of US$0.4 mil
SINGAPORE (Feb 26): Serial System on Saturday announced FY17 earnings of US$9.6 million ($12.6 million), double its full year earnings of US$4.6 million posted a year ago.
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SINGAPORE (Feb 26): Serial System on Saturday announced FY17 earnings of US$9.6 million ($12.6 million), double its full year earnings of US$4.6 million posted a year ago.

The stronger bottomline came on the back of an overall improvement in sales and profit margins as well as substantially smaller losses from associated companies.

The group has proposed a final dividend of 0.46 cent, which brings the total payout for FY17 to 0.75 cent compared to 0.35 cent a year ago.

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