Wednesday, July 31, 2013

Osim posts higher Q2 net profit of $26.1 mil

Osim International, the manufacturer and seller of high-end massagers, posted a net profit of $26.1 million for its second quarter ended June 30. This was 16% from the same period a year ago. Earnings per share was higher at 3.61 cents compared to 3.09 cents.

Revenue for the quarter was $165.5 million, up 7%. The group declared an interim dividend of two cents a share, unchanged from a year ago.

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