isdn holdings

TOPLINE

ISDN looks to the East as supply chain shifts create new opportunities

The company recently ventured into India, where its first automation project is already in progress

Teo Cher Koon, president and managing director of ISDN Holdings, believes the worst of the semiconductor downturn is over, as the second half of FY2023 had shown sequential recovery when compared to the first half.
TOPLINE

ISDN gathers wind in sails from industrial automation evolution, chip upcycle

Semiconductors play a large role in ISDN’s business, but diversifying away from them is crucial to its strategy, says managing director and president Teo Cher Koon

ISDN anticipates demand in the China market and the South-east Asian semiconductor industry to recover.

Brokers’ take: CGS upgrades ISDN to ‘hold’ on demand rebound expectations

CGS International Securities has upgraded its rating on ISDN to “hold” from “reduce”, given a cautiously optimistic outlook for demand recovery in key markets, while lowering its target to factor in a...

Most economists recognise that China’s gradual rebalancing to a more consumer-led economy can help to mitigate some of the headwinds and challenges it faces.

Cautious optimism for China’s steady recovery

FOLLOWING a 3 per cent growth in 2022, China’s gross domestic product (GDP) is expected to grow by 5.2 per cent in 2023, while also producing a quarter of the globe’s 2023 growth. The recently release...

ISDN Holdings' president, Teo Cher Koon. CGS-CIMB is upgrading its call on the stock back to "add" with the view that prospects have improved for the engineering solutions group.

Brokers’ take: CGS-CIMB upgrades ISDN back to ‘add’ on brighter prospects

AFTER downgrading ISDN Holdings to “hold” in November 2022, CGS-CIMB reverted its call to “add” as it believes the engineering solutions provider will benefit from improvements in both earnings and it...

The research house expects ISDN’s foreign exchange losses to rise, with the yuan weakening against the US dollar and Singapore dollar.

Brokers’ take: CGS-CIMB downgrades ISDN to ‘hold’ on expected profit decline

CGS-CIMB has downgraded its call on ISDN to “hold” from “add” as it expects the engineering services provider’s revenue and profit for the third quarter ended Sep 30 to decline from last year. ISDN is...

ISDN sees demand from Asian businesses seeking industrial automation to relieve labour wage pressure, advance manufacturing capabilities and reduce business risk.

ISDN posts 9% fall in H1 net profit to S$11.1 million

ISDN HOLDINGS reported a net profit of S$11.1 million for the first half of the year ending Jun 30, 2022, down 9.1 per cent from the S$12.2 million earnings in the year-ago period.

The company's statement on its decision to replace scrip dividends with cash was undersigned by the company's president Teo Cher Koon (above). He noted in the regulatory filing that the issue price of scrip dividend was below the average market price.

ISDN replaces scrip dividend with cash

ISDN Holdings will withdraw the scrip dividend scheme for FY2021 and distribute the proposed dividend of S$0.0145 fully in cash instead, given that the issue price of the scrip dividend is lower than ...

ISDN H2 net profit rises to S$13.3m, proposes S$0.0145 final dividend

ISDN H2 net profit rises to S$13.3m, proposes S$0.0145 final dividend

ISDN HOLDINGS reported a net profit of S$13.3 million for the second half of the fiscal year ended December, up from earnings of S$5.6 million in the corresponding year-ago period.

ISDN Holdings Q3 net profit surges by 57% to S$8.6 million

ISDN Holdings Q3 net profit surges by 57% to S$8.6 million

MAINBOARD-LISTED ISDN Holdings posted a 56.8 per cent rise in net profit to S$8.6 million for its third quarter ended Sep 30, 2021, from S$5.5 million a year ago.