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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.
Tai Sin Electric posts earnings of $22 million with demand for electronics sustained in FY2022 - THE EDGE SINGAPORE

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

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.

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.

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.

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

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

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.

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

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.
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