ISOTeam posts 34% jump in full-year profit

Singapore

ISOTEAM Ltd, a provider of building maintenance and estate upgrading services, recorded a 34.1 per cent jump in net profit to S$8.1 million for the year ended June 30 (FY2015), on the back of higher revenue and higher gross profit margin.

Earnings per share were 6.45 Singapore cents compared with 5.19 cents for FY2014. FY2015 revenue shot up 16.9 per cent to S$81.7 million, driven by the robust repairs & redecoration (R&R) business and a newly-expanded "others" business segment, which achieved a nine-fold revenue increase. The board has proposed a final dividend of 1.15 cents per share for FY2015, which represents a dividend payout ratio of 20.3 per cent of net attributable profit.