The higher earnings were attributable to the surge in other income, which more than doubled to HK$32.0 million from HK$14.7 million in the year before as interest income was boosted by the US Fed’s interest rate hikes during the year.
Valuetronics (SGX:BN2
) has reported earnings of HK$123.0 million ($21.3 million) for the FY2023 ended March 31, 8.3% higher than earnings of HK$113.5 million in the year before.
Earnings per share (EPS) for the year stood at HK29.1 cents.
