Kingsoft Technology Industrial's subsidiary GP Industries reported a mid-term net profit of SGD 16.33 million, an increase of 12.7%

Kingsoft Technology Industrial (00040.HK) announced the interim results for the six months ending in September of its 86.18% owned Singapore-listed subsidiary GP Industries, with a revenue of SGD 556 million, a year-on-year decrease of 2.5%. It recorded a net profit of SGD 16.33 million, an increase of 12.7%, with earnings per share of 3.26 cents. An interim dividend of 1.75 cents was declared