Singapore-listed CNMC Goldmine declares first-ever dividend of 0.1 cent
Shareholders of CNMC Goldmine will get a dividend of 0.1 cent per share, as the company projects an optimistic outlook for its future earnings.
The Catalist-listed firm said the dividend payout reflects its improved financial performance.
It reported a net profit of US$1.95 million (S$2.45 million) in its latest quarterly results for the three months ended Sept 30.
CNMC is also confident about its growth for the next 12 months.