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Singapore Shipping's Attributable Profit Zooms 85% in Fiscal H2

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Singapore Shipping's (SGX:S19) attributable profit to owners during fiscal second half ended March 31 jumped by 85% to $6.8 million from $3.7 million a year earlier, according to a Monday bourse filing.

Shares of the owner and manager of ships were down nearly 2% in Tuesday trading.

Earnings per share came in at $0.017 compared with $0.009 in the year-ago period.

Revenue climbed 8.3% year over year to $25.2 million from $23.3 million.

The company declared a final dividend of SG$0.01 per share, unchanged from the prior period.

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