Spindex Industries Limited proposed final tax exempt (one tier) cash dividend of 2.20 cents for the year ended June 30, 2014 against 1.80 cents in 2013. The proposed dividends, if approved at the Annual General Meeting to be held on October 24, 2014, will be paid on November 19, 2014.

The company reported unaudited group earnings results for the year ended June 30, 2014. For the year, the company reported turnover of SGD 98,151,000 compared to SGD 92,573,000 a year ago. Profit from operations was SGD 11,042,000 compared to SGD 8,758,000 a year ago. Profit before tax was SGD 11,014,000 compared to SGD 8,704,000 a year ago. Profit attributable to owners of the company was SGD 9,258,000 compared to SGD 7,022,000 a year ago. Net cash flows from operating activities were SGD 14,454,000 compared to SGD 11,681,000 a year ago. Purchase of property, plant and equipment was SGD 11,104,000 compared to SGD 6,717,000 a year ago. Earnings per share on a fully diluted basis were 8.02 cents compared to 6.09 cents a year ago.