$ISDN(I07.SG)ISDN reported impressive earnings for the first half of FY2026. Earnings rose more than 700% to $10.4m compared to last year. The main revenue generator was industrial automation which accounted for 93.9% of the total revenue. 71.3% of the revenue was from China. In contrast, the renewable energy business saw a decline of 52.1% yoy as the 2 new mini-hydropower plants nearing completion in Indonesia contributed lower construction income. Overall, the group’s gross profit increased by 24.9% yoy to $63.1m. The order book for industrial automation has grown by more than 100% due to end markets such as AI application and data centers.
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