13-08-2021, 08:35 AM
(12-08-2021, 07:58 PM)sgbuffett Wrote: I am not so concerned....thought it looks okay
[b]ISDN Holdings reports record sales and record profits for 1H2021[/b]
New revenue record with 1H2021 up +30% YoY to S$217.2 million. New profit record with 1H2021 profit after tax up +51% YoY to S$19.4 million.
ISDN&rsquo s strategic buildout of its industrial automation business continues to yield benefits as demand continues to grow across the Group&rsquo s regional and vertical markets.
Strategic initiatives also continue to yield productivity gains, with revenue (+30% YoY) and gross profit (+41% YoY) growing faster than operating expenses (+24% YoY).
ISDN&rsquo s diversification across suppliers, customers, industries and regions continues to stabilise growth despite uncertainties from COVID-19, global chip shortages, and persistent trade tensions.
Ok but price overrun so it’s correction