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Spindex Industries posts 53.1% higher earnings of $9.6 mil for 1H21

Felicia Tan
Felicia Tan • 3 min read
Spindex Industries posts 53.1% higher earnings of $9.6 mil for 1H21
Spindex was highlighted as one of The Edge Singapore’s stocks to watch in Issue 970 for its attractive valuations.
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Spindex Industries, a precision machines components manufacturer and assembly solutions provider, has reported earnings of $9.6 million for the 1HFY2021 ended December, 53.1% higher than earnings of $6.3 million the year before.

Spindex was highlighted as one of The Edge Singapore’s stocks to watch in Issue 970 for its attractive valuations.

Earnings per share (EPS) for the 1HFY2021 stood at 8.31 cents on a fully diluted basis, compared to EPS of 5.43 cents the year before.

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