ELC Group Holdings Ltd is a manpower service provider based in Singapore. Manpower service providers (MSP) serve as a bridge between job seekers and businesses to meet each other’s recruitment needs. Its business consists of the following segments: (i) manpower supply provision of job-matching services through EL Connect App, (ii) manpower contracting provision of cleaning services, (iii) Software as a Service (SaaS) provision of facility management software solution with Taskforce App, (iv) application development sale of custom-made and rebranded license of Taskforce App (White-Label Software), and (v) project management provision of management services for cleaning business. Key revenue is generated from Manpower supply business.
The sum of declared dividends issued by a company for every ordinary share outstanding.
Retained earnings (RE) are the amount of net income left over for the business after it has paid out dividends to its shareholders and are an important variable for assessing a company's financial health because it shows the net income that a company has saved over time, and therefore has the ability to reinvest in the business or distribute to shareholders.
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