Company Briefs: PEC

PEC

Specialist engineering group PEC reported a 70 per cent surge in fourth-quarter earnings to $6.2 million.

Revenue for the three months to June 30 rose 30 per cent to $158.5 million.

Higher profit contributions from their overseas project works were behind the buoyant numbers.

Net profit for the 12 months to June 30 fell 21 per cent to $7.2 million, while revenue rose 11 per cent to $499.6 million.

Quarterly earnings per share was 2.4 cents, up from 1.4 cents a year ago, while net asset value per share was 85.9 cents as at June 30, up from 84.2 cents a year ago.


FJ Benjamin Holdings

Fashion and lifestyle group FJ Benjamin Holdings reported a 23 per cent improvement in net loss for the full year.

Net loss for the 12 months to June 30 was $17 million, while revenue fell 20 per cent to $293.4 million.

Loss per share for the year improved to 2.99 cents, compared with 3.89 cents a year ago, while net asset value per share was 14.94 cents as at June 30, down from 18.04 cents a year ago.

There was no dividend declared, but the firm had announced a first and final dividend of 0.25 cent a share a year ago.


Raffles Education Corp

Raffles Education Corp reported a 69 per cent plunge in full-year earnings to $17 million.

Revenue for the 12 months to June 30 slipped 4 per cent to $120 million.

The firm said turnover for the previous year included $7.3 million from Langfang Oriental Institute of Technology, so excluding this, revenue for this year rose by $2.4 million.

Earnings per share for the year was 1.68 cents, down from 5.4 cents a year ago, while net asset value per share was 57.1 cents, up from 55.41 cents last year.

A version of this article appeared in the print edition of The Straits Times on August 28, 2015, with the headline 'CompanyBriefs'. Print Edition | Subscribe