Globetronics Q3 earnings up 16.5%, declares 11 sen dividend

KUALA LUMPUR: Globetronics Technology Bhd’s earnings in the third quarter ended Sept 30, 2014 rose 16.5% to RM17.7mil from RM15.2mil on the back of improved revenue, which rose 14.3% to RM91mil from RM79.7mil.

Earnings per share rose to 6.31 sen from 5.51 sen, and the company declared a dividend of 11 sen, totalling RM30.91mil, to be paid on Nov 5, 2014.