ISDN Holdings

ISDN banks on 'triangle of solutions' from motors to robots for growth - THE EDGE SINGAPORE

Corporate moves

ISDN banks on 'triangle of solutions' from motors to robots for growth

'I'm not worried about our share price, whether it’s high or low. I’m in it for the long haul'

Company in the news

ISDN Holdings enters exclusive three-year agreement with Dafang AI

Notably, Dafang’s products have received approval from the HDB for adoption in the domestic construction industry.

Broker's Calls

CGS International reiterates 'hold' on ISDN Holdings as it awaits improving demand conditions to provide earnings upside

Analyst William Tng cuts his revenue and earnings per share forecasts for ISDN, leading to a lower TP of 28 cents.

Broker's Calls

CGS International upgrades ISDN on better demand seen

Tng is valuing ISDN at its 10-year average P/E of 11.0x, up from 9.5x previously

Results

ISDN reports lower FY2023 earnings but sees recovery and steadier hydropower revenue

ISDN's hydropower business in Indonesia collected $8.8 million in tariffs
ISDN posts 11.3% lower revenue, 43.8% lower net profit for 1HFY2023 - THE EDGE SINGAPORE

Results

ISDN posts 11.3% lower revenue, 43.8% lower net profit for 1HFY2023

The group blames cyclical impact from three semiconductor industry customers and the weaker renminbi.

Broker's Calls

CGS-CIMB downgrades ISDN to 'reduce' on weaker prospects in China

The company has recently commenced commercial operations at two of its mini-hydropower plants in Indonesia and is eyeing more
ISDN receives commercial operation approval and commencement date for two additional mini-hydropower plants - THE EDGE SINGAPORE

Sustainability

ISDN receives commercial operation approval and commencement date for two additional mini-hydropower plants

Shares in ISDN closed 5 cents higher or 10.75% up at 51.5 cents on June 16.
ISDN reports lower FY2022 earnings; eyes meaningful contribution onwards from hydropower - THE EDGE SINGAPORE

Results

ISDN reports lower FY2022 earnings; eyes meaningful contribution onwards from hydropower

ISDN projects annual earnings of $2 million from its hydropower business for 25 years
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