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OSIM International - Growth + Dividends = BUY (Buy, TP SGD1.90)

kiasutrader
Publish date: Fri, 27 Jul 2012, 09:45 AM
In-line with expectations. 2Q12 results were in line with expectations as OSIM achieved another record quarter. 2Q12 net profit was up 20% yoy to SGD22.5m, driven by sales growth of 12% during the quarter. Management declared another interim dividend this quarter, this time a bumper SGD 2 cents/ share (including SGD 1 cent special dividend).


Source: Maybank Kim Eng
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