Corporate digest

First Sponsor Group

PROPERTY developer First Sponsor Group reported S$121 million in net profit for the full year ended Dec 31, 2021, up 17.7 per cent from S$103 million in the year-ago period, the company said in a bourse filing after market hours on Friday (Feb 11).

The company, which is engaged primarily in business in China, announced a second interim cash dividend of 2.35 Singapore cents for FY2021, in lieu of a final dividend. This brings the total dividend declared for the year to 3.45 Singapore cents.