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Our 2025 picks: Credit Bureau Asia — Steady growth banking on niche offering

Jovi Ho
Jovi Ho • 4 min read
Our 2025 picks: Credit Bureau Asia — Steady growth banking on niche offering
Shares in Credit Bureau Asia have risen more than 40% since late September 2024. Photo: Albert Chua/The Edge Singapore
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Shares in Credit Bureau Asia (SGX:TCU) (CBA) have risen more than 40% since late September 2024, but this was not due to its results for 1HFY2024 ended June 30, 2024, which were released more than a month earlier, on Aug 7, 2024.

This means investors looked past CBA’s 12% higher revenue, 21% higher net profit before tax and 25% higher patmi during the six-month period.

It also means investors looked past the credit and risk information solutions provider’s interim dividend of 2 cents per share for 1HFY2024. Until the release of its FY2023 results on Feb 26, 2024, CBA had paid out dividends of 1.7 cents per share every six months since its IPO in December 2020. 

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