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Valuetronics posts 28% rise in FY17 earnings; proposes bonus shares on top of special dividends

PC Lee Published on Thu, May 25, 2017 / 7:54 AM GMT+8

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SINGAPORE (May 25): Valuetronics Holdings reported a 27.9% rise in FY17 earnings to HK$154.1 million ($27.4 million) from a year ago on strong revenue growth.

The board is recommending a final dividend of 15 HK cents per share and a special dividend of 5 HK cents per share. These amount to 54.6% of the net profit attributable to shareholders for FY17.

A bonus issue of one new share for every 10 existing shares has also been proposed.

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Valuetronics posts 28% rise in FY17 earnings; proposes bonus shares on top of special dividends