SINGAMAS CONT earned 76% more for the whole year, with a dividend of 5 cents
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SINGAMAS CONT announced its full-year results for the year ending last year, with a net profit of HKD 34.135 million, an increase of 75.61% year-on-year, and earnings per share of HKD 0.0143, with a final dividend of HKD 0.05 per share. Revenue reached HKD 583 million, up 52.38%. Despite strong demand for dry containers, the demand in the tank container market has declined, leading to a significant drop in sales volume and prices. The company will evaluate alternative solutions to mitigate the impact and will continue to focus on high-margin custom container business, particularly energy storage system containers
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