Kingsoft Technology's subsidiary GP Industries turned a profit of SGD 24.33 million for the full year
Kingsoft Technology Industrial (00040.HK) announced that its 86.18%-owned Singapore-listed subsidiary GP Industries reported financial results for the fiscal year ending in March, with a revenue of SGD 1.105 billion, essentially flat year-on-year. It recorded a net profit of SGD 24.33 million, compared to a loss of SGD 58.75 million in the previous year, turning from loss to profit. The final dividend is 1.5 cents, with a total annual dividend of 3 cents
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