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Sing Investments full-year earnings rise 8.2% to $13.9 mil; declares 5 cents dividend

Jude Chan
Jude Chan • 1 min read
Sing Investments full-year earnings rise 8.2% to $13.9 mil; declares 5 cents dividend
SINGAPORE (Feb 7): Sing Investments & Finance has declared a first and final cash dividend of 5 cents per share for FY16 as earnings increased 8.2% to $13.9 million, from $12.8 million a year ago.
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SINGAPORE (Feb 7): Sing Investments & Finance has declared a first and final cash dividend of 5 cents per share for FY16 as earnings increased 8.2% to $13.9 million, from $12.8 million a year ago.

This was on the back of higher net interest income and hiring charges, which grew 9.7% to $38.6 million, compared to $35.2 million a year ago.

The increase was mainly due to higher loan yields, Sing Investments says in an SGX filing on Tuesday.

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