Gold Peak offshoot pays

CLIPSAL Industries (Holdings), the 68.17 per cent owned Singapore-listed subsidiary of Gold Peak Industries (Holdings), has announced 27.3 per cent higher profits of S$6.3 million (about HK$30.65 million) for the six months ended June 30.

A dividend of 4.5 cents a share was declared against nil last year. Turnover rose 27 per cent to $56.4 million.