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Info-Tech Systems' Profit Increases 89% in H1

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Info-Tech Systems' (SGX:ITS) profit for the first half of the year increased 89% to SG$9.7 million from SG$5.1 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Earnings per share came in at SG$0.0375 compared with SG$0.0199 in the year-ago period.

Revenue jumped 22% year over year to SG$27.3 million from SG$22.4 million.

The provider of IT services declared an interim dividend of SG$0.0168 per share, up from SG$0.0155 per share in the prior period. The dividend will be paid on Sept. 1.

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