Corporate digest

Frencken Group

The mainboard-listed manufacturer on Thursday (Feb 24) posted a 38 per cent increase in net profit to S$58.7 million for the full year ended Dec 31, 2021, from S$42.6 million the year before. Earnings per share in FY2021 stood at 13.75 Singapore cents, compared with 10.01 cents the year before.

The board has recommended a final dividend of 4.13 cents per share, higher than the 3 cents for FY2020.