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Spindex posts FY2024 net profit of $15.6 million, up 43.8% y-o-y

Jovi Ho
Jovi Ho • 3 min read
Spindex posts FY2024 net profit of $15.6 million, up 43.8% y-o-y
Spindex has proposed a first and final dividend of 2.7 cents per share, up from 0.5 cents per share this time last year. Photo: Spindex
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Spindex Industries has reported net profit of $15.6 million for FY2024 ended June 30, up 43.8% y-o-y.

In financial statements released on Aug 20, Spindex posted full-year revenue of $180.3 million, 1.7% lower y-o-y, while profit before tax grew 38.3% y-o-y to $20.4 million. 

Spindex Group is an integrated solution provider of precision-machined components and assemblies for use in machinery and automotive systems, imaging and printing equipment, consumer-lifestyle and healthcare products

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