ISOTeam's FY16 earnings and revenue hit record highs

SINGAPORE (Aug 24): ISOTeam, the Repairs and Redecoration (R&R) and Addition and Alteration (A&A) specialist for existing buildings, saw earnings and revenue hit new records for the 12 months ended June (FY16).

The board is proposing a final dividend of 0.75 cents per share.

Despite incurring a charge of $1.5 million due to amortisation from its acquisition of subsidiaries during the year, ISOTeam achieved an 18.2% rise in earnings to $9.6 million, or 3.23 cents per share, on the back of a 15.3% increase in revenue to $94.1 million in FY16.

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