, Singapore

OSIM’s profit up 58% at S$19m

The second quarter results meant ten consecutive quarters of growth.

According to the company, revenue rose by 5% to S$138 million. During the quarter, EBITDA grew by 42% to S$27 million. At 30 June 2011, the cash and cash equivalents of the Group stood at S$86 million.

Meanwhile directors are proposing a 2nd interim dividend of 1 cent per share to reward shareholders.

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