CDW Holding’s FY2021 Net Profit Rose 59.4% To US$2.4 Million

SINGAPORE, March 4 (Bernama-GLOBE NEWSWIRE) — SGX Mainboard listed CDW Holding Limited (“CDW”, the “Company”, and together with its subsidiaries, the “Group”), has released its financial results for the twelve months ended 31 December, 2021 (“FY2021”).

For FY2021, the Group achieved a revenue of US$143.2 million, representing a 28.1% increase from the US$111.8 million in revenue attained for the financial year ended 31 December, 2020 (“FY2020”). The Group’s FY2021 profit after income tax rose 59.4% to reach US$2.4 million from US$1.5 million in FY2020, with the second half of FY2021 recovering from a loss of US$1.1 million in the first half of FY2021.

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