TEE International Limited Reports Earnings Results for the Second Quarter and Six Months Ended November 30, 2012; Declares an Interim Dividend for the First Half of 2013, Payable March 28, 2013
For the six months, revenue was SGD 74.7 million against SGD 78.8 million a year ago. Profit before tax was SGD 6.7 million against SGD 6.6 million a year ago. Net profit was SGD 5.3 million against SGD 5.9 million a year ago.
For the first half of 2013, an interim dividend of 0.65 cents per share was declared, which is 8.3% higher as compared to the 0.6 cents declared a year ago. Payment of the interim dividend will be made on 28 March 2013 to the shareholders record of March 8, 2013.