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Tai Sin Electric
Results
Tai Sin Electric reports 1HFY2023 earnings of $11.9 mil, 40.4% higher y-o-y
An interim cash dividend of 0.75 cent per share, payable on April 3, has been declared.
February 13, 2023
Results
Tai Sin Electric posts earnings of $22 mil with demand for electronics sustained in FY2022
Earnings per share for the full year have been announced at 4.78 cents on a fully diluted basis
August 26, 2022
CEOs of Tai Sin Electric and Hong Lai Huat raise respective stakes
Tai Sin plans to pay a final dividend of 1.5 cents, double the 0.75 cents paid out this time last year.
September 16, 2021
Ong and Suparman of KOP raise stake; Lim of Tai Sin Electric gifts shares to sons
With the Covid-19 outbreak, KOP warns that tourism will slow. Progress for KOP’s Wintastar Shanghai resort, which is undergoing construction, “will inevitably be slow” too.
March 06, 2020
M&A
Tai Sin subsidiary acquires 30% stake in Astar Lab for $0.9 mil
SINGAPORE (May 2): Tai Sin Electric says its wholly-owned subsidiary, Cast Laboratories, on Apr 30 acquired 30% of Astar Laboratory for $0.9 million from two of the lab’s vendors, with the option to purchase an additional 40% of the business.
May 02, 2018
Management & Corporate Governance
SGX-listed companies lag in remuneration disclosures: report
SINGAPORE (Jan 11): Disclosure of remuneration amounts for directors and higher management remains weak among companies listed on the Singapore Exchange, according to a report released today by corporate governance advocate Mak Yuen Teen of the NUS Busine
January 11, 2018
Results
Tai Sin posts 34.7% decline in 1Q earnings to $3.2 mil
SINGAPORE (Nov 14): Tai Sin reported earnings of $3.2 million for the first quarter ended Sept, down 34.7% from the $4.9 million of revenue it posted a year ago on lower revenue in certain segments, lower export sales, reduced operating income and higher
November 14, 2017
In print this week
Tai Sin Electric business may not be sexy but it's steady
SINGAPORE (March 24): The lobby of Tai Sin Electric sports a purple-and-red robot on one side and an assortment of cables and wires on the other.
March 24, 2017
In print this week
How Budget 2017 gave this stock a leg up in growth prospects
SINGAPORE (Feb 24): A piece of good news for Tai Sin Electric has just arrived in the form of Singapore’s Budget. The government said on Feb 20 that it would bring forward $700 million worth of public infrastructure projects to start this year and the n
February 24, 2017
Broker's Calls
This homegrown electric cable supplier is eyeing Asean-wide expansion
SINGAPORE (Dec 8): Tai Sin Electric is not quite the name on everyone’s lips, but it is a market leader in its own right.
December 08, 2016