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Electronics: Results for the Quarter Ended 31 March 2016

Details on how the business of the Sector is managed and its related performance are set out below.  This information is given on a voluntary basis and from the perspective of the Sector management, as its disclosure is not required by law or regulation.

Electronics
“Better Performance in 2Q2016”

FINANCIAL HIGHLIGHTS for the second quarter ended 30 June 2016 

 

2016
2Q

2015
2Q

Growth
%

Revenue ($m)

450

421

7

Earnings before interest and tax (EBIT) ($m)

47.9

45.1

6

Other income, net ($m)

4.0

2.7

48

Finance costs, net ($m)

(0.8)

(0.9)

17

Profit before tax (PBT) ($m)

51.2

46.6

10

Profit attributable to shareholders ($m)

41.7

38.0

10


Economic Value Added for the first half of 2016 was $59.0 million 

“The Electronics sector achieved better results in 2Q2016. Through team effort, coupled with strong technology offerings, we have secured a total of $1.16b of new orders in the first half of 2016. These project wins will enhance our track record and improve our competitive edge for future opportunities.” ~Lee Fook Sun, President

Electronics 2Q2016 Unaudited Results 

N.B.: All currencies are in Singapore dollars.

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