OSIM Q2 profit rises 13% to S$29.5m

OSIM International's second-quarter net profit rose 13 per cent year-on-year to a record S$29.53 million.

It proposed a second interim dividend of two Singapore cents per share, payable on Oct 2.

The group yesterday said: "We are pleased with the record performance. We launched uDiva massage sofa during the quarter which has created lots of awareness and good response. We expect uDiva to continue to do well for the current year."