Bonvests Holdings net profit up 42.6% on revaluation gain

BONVESTS Holdings posted a net profit of S$48.84 million for the full year ended 2015, up 42.6 per cent from S$32.25 million a year ago. The company posted a revaluation gain on its investment properties of S$42.74 million for the year ended 2015, compared with S$12.96 million a year ago. For the full year ended December, revenue came in at S$212.25 million, up 7.9 per cent year-on-year.

The company declared a dividend of 1.6 cents, similar to the preceding financial year.

Basic earnings per share was 12.14, compared with 8.516 in FY2014.