SINGAPORE (Feb 20): Shares of Design Studio are up 5 cents or 8.8% to 62 cents with 474,400 units traded.

The surge comes after the company this morning reported FY16 earnings of $20.5 million, up from $16.8 million last year.

(See also: Design Studio posts 22% rise in FY16 earnings to $20.5 mil)

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