ISDN Holdings Achieves Robust Earnings Growth in FY2024

ISDN Holdings Limited ( (SG:I07) ) has shared an announcement.

ISDN Holdings Limited reported significant financial growth in FY2024, with a 25% increase in group earnings and a 72% rise in earnings to shareholders. The company’s revenue grew by 9% year-on-year, driven by strong performance across its key business units and regions, particularly in Southeast Asia and the hydropower sector. The company attributes its success to its integrated global strategy, prudent cost management, and expansion into new markets such as Malaysia and Taiwan. ISDN’s commitment to building its technological capabilities and complementary businesses has positioned it well against global trade tensions, maintaining its ‘Asia-for-Asia’ regional strategy.

More about ISDN Holdings Limited

ISDN Holdings Limited is a leading industrial automation firm in Asia, focusing on providing automation technologies and solutions. The company operates primarily in China, Singapore, and Vietnam, with expansions into Malaysia and Taiwan. It offers a range of products and services across automation technologies, including components, motion control, modules, systems, cloud, IoT, and AI, and is also involved in the clean energy sector through its hydropower business.

YTD Price Performance: 4.76%

Average Trading Volume: 2,599

Technical Sentiment Consensus Rating: Sell

Current Market Cap: €99.31M

Learn more about I07 stock on TipRanks’ Stock Analysis page.