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Vicplas International's FY20 earnings increase 17.7% to $5.0 mil

The Editor
The Editor • 2 min read
Vicplas International's FY20 earnings increase 17.7% to $5.0 mil
Vicplas has proposed a final dividend of 0.38 cents per ordinary share for FY20.
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Vicplas International saw FY20 earnings ended July increase 17.7% to $5.0 million from $4.2 million a year ago.

This translates to earnings per share (EPS) of 0.98 cents, compared to the 0.84 cents in 2019.

Revenue for the 12 months grew 10.8% to $88.8 million from $80.2 million a year ago due to higher revenue from the medical devices segment. The growth was partially offset by lower revenue from the pipes and pipe fittings segment.

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