The strong bottomline was a result of contributions from the Volta units and RCS, as well as robust core operations, CSE said.
CSE’s order book also grew, with H1 order intakes rising 25.7 per cent to S$242.1 million. New orders came mainly from the Americas and the Asia-Pacific across all segments. The firm’s outstanding order book grew 56.6 per cent to stand at S$293.8 million as of end-June.
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Challenger’s H1 earnings rise 17%, lifted by government grantsCONSUMER electronics retailer Challenger Technologies posted a 17 per cent rise in net profit to S$9.65 million for the six months ended June, boosted by S$2.53 million in sundry income, mainly from government grants. Read more at The Business Times.
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Glove-maker Riverstone doubles H1 earnings to RM137.5m; raises interim dividend to 4 senMALAYSIAN glove-maker Riverstone Holdings posted a 119.3-per-cent surge in net profit to RM137.5 million (S$45.27 million) for the six months ended June, driven by the spike in global demand for its health-care examination gloves, clean-room gloves and face masks. Read more at The Business Times.
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