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Singapore-listed CNMC Goldmine declares first-ever dividend of 0.1 cent

Published on Dec 16, 2013 4:29 PM
A gold bar produced by CNMC Goldmine facility in Kelantan, Malaysia. -- CNMC GOLDMINE

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.

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