Homepage
PR Newswire
14-05-2014, 09:12 PM
Kingsmen released its 1Q 2014 today (14 May 2014)
http://infopub.sgx.com/FileOpen/Kingsmen...eID=296989
Company recorded revenue of S$54.0 million compared to S$42.6 million, yoy growth of 26.8%. Biggest increase came in the Retail & Corporate Interiors with an increase of S$9.1 million. However, overall gross profit margin decreased from 30.7% in 1Q 2013 to 27.2%.
PBT after adding back S$1.5 million due to one-off provision for costs and damages in relation to a law suit in China comes up to S$2.56 million compared to S$2.47 million in 1Q 2013, yoy growth of 3.6%. Not very impressive.
Company stated that they expect FY2014 to be a good year for the Group. I am looking forward to see how they will perform in this coming FY and if a higher dividend will be declared.
http://infopub.sgx.com/FileOpen/Kingsmen...eID=296989
Company recorded revenue of S$54.0 million compared to S$42.6 million, yoy growth of 26.8%. Biggest increase came in the Retail & Corporate Interiors with an increase of S$9.1 million. However, overall gross profit margin decreased from 30.7% in 1Q 2013 to 27.2%.
PBT after adding back S$1.5 million due to one-off provision for costs and damages in relation to a law suit in China comes up to S$2.56 million compared to S$2.47 million in 1Q 2013, yoy growth of 3.6%. Not very impressive.
Company stated that they expect FY2014 to be a good year for the Group. I am looking forward to see how they will perform in this coming FY and if a higher dividend will be declared.