Company briefs: Global Testing Corp

Global Testing Corp

Chip tester Global Testing Corp reported yesterday that fourth-quarter net profit surged 65.2 per cent to US$555,000 (S$787,200).

Revenue was up 4.4 per cent to US$7.5 million for the three months to Dec 31, owing to more orders.

Net profit for the 12 months inched up 1.2 per cent to US$3.7 million, while revenue fell 6.6 per cent to US$30.9 million.

The firm proposed a final dividend of 10 cents a share.

Quarterly earnings per share was 1.57 US cents, from 0.95 US cent a year ago, while net asset value per share was US$1.34 as of Dec 31, from US$1.38 as of Dec 31, 2015.


Maxi-Cash Financial Services Corp

Maxi-Cash Financial Services Corp's net profit for the year soared 195 per cent to $11.3 million.

Revenue rose 35 per cent to $163.2 million for the 12 months to Dec 31, owing to higher interest income from the pawnbroking business and more sales from the retail and trading of jewellery, watches and branded bags business

Yearly earnings per share was 1.88 cents, up from 0.68 cent a year earlier, while net asset value per share was 13.17 cents as of Dec 31, from 11.87 cents a year earlier.

It proposed a final dividend of one cent per share.

Maxi-Cash said the environment that the group is operating in continues to be challenging with keen competition, volatile gold prices and a maturing local economy with its inherent weak retail sentiment.

It will still work on strengthening its market leadership in store network, branding, innovation and operational efficiencies.


OKP Holdings

Infrastructure and civil engineering firm OKP Holdings posted a fourth-quarter net profit of $8 million, soaring 315 per cent from the same period a year earlier.

Revenue rose 40.6 per cent to $34.4 million, as turnover from the construction segment rose from revenue recognition of a few projects in the quarter.

Quarterly earnings per share was 2.6 cents, from 0.63 cent a year earlier. Net asset value per share was 36.54 cents as of Dec 31, from 33.37 cents as of Dec 31, 2015.

The firm declared a final dividend of 0.7 cent a share.

A version of this article appeared in the print edition of The Straits Times on February 21, 2017, with the headline 'Company Briefs'. Print Edition | Subscribe