Hot stock: Dyna-Mac up as much as 11.5% after H1 profit surge
The higher bottom line comes amid the completion of major projects, improved productivity and increase in volume of projects undertaken
SHARES of offshore oil and gas contractor Dyna-Mac gained some ground on Wednesday (Aug 7) after the company reported a 280.3 per cent rise in first-half net profit.
The counter gained 11.5 per cent or S$0.06 to S$0.58 when the market reopened after the midday trading break.
As at 2.19 pm, shares of Dyna-Mac were trading up 8.7 per cent or S$0.045 at S$0.565, with 30.1 million shares having changed hands.
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