The company, which operates a network of 42 stores, plans to pay a final dividend of 2.7 cents, up from 1.5 cents declared for the same period last year.
SEE: Wife of Challenger CEO Loo buys shares; company to grow 'price-sensitive' segment
In its earnings commentary, the company maintains a cautious tone. “In view of the current evolving Covid-19 situation, the group will continue to exercise caution in managing overall business given various uncertainties at the macro level.”
“We will continue to improve operational efficiencies and driving greater e-commerce presence to mitigate any downside impact caused by the pandemic,” the company says.
Challenger Technologies’ shares last traded at 48 cents.