Samudera Shipping declares S$0.1275 a share special dividend as FY2021 net profit rises
Better performance from its container shipping segment due to higher freight rates leads to profit surge; final dividend of 0.75 cent proposed
Add BT as a preferred sourceClaudia Tan HS
Singapore
SAMUDERA Shipping Line on Thursday (Feb 24) posted a net profit of US$128.6 million for the full year ended Dec 31, 2021, from US$7.2 million the year before due to better performance from its container shipping segment as a result of higher freight rates.
The board has proposed a special dividend of 12.75 Singapore cents a share, higher than the 0.30 cent special dividend declared the previous year. A final dividend of 0.75 cent was also proposed, unchanged from the corresponding period the year before.
TRENDING NOW
Lamborghini-driving boss of Eminent Frog Porridge charged with S$3.8 million tax evasion, money laundering
How I knew I was ready to retire at 50
Vietnam workers keenest on AI in South-east Asia; Singapore employees among most sceptical: survey
Malaysian tycoon Vincent Tan’s sell-downs point to pruning rather than an exit plan
