ELECTRONICS contract manufacturer Huan Hsin Holdings has posted a 33-per-cent jump in half-time net profit to $13.5 million.

Revenue for the six months ended June 30 doubled to $136.6 million from $66.6 million previously.

Earnings per share grew to 4.17 cents from 3.4 cents previously while net asset value per share firmed to 59.87 cents from 52.63 cents as at Dec 31.

An unchanged interim dividend of 0.8 cent a share was proposed.

Barring unforeseen circumstances, Huan Hsin directors are optimistic about the group's performance in the second half.

>>The Straits Times<<