Asia Enterprises' H2 Pre-Tax Profit Plunges 96%

MT Newswires

01/30

Asia Enterprises' (SGX:A55) pre-tax profit from continuing operations plunged 96% in the second half of 2024 to SG$173,000 from SG$4.2 million a year earlier.

Earnings per share dropped to SG$0.0002 from SG$0.0096 a year ago, according to a filing with the Singapore Exchange.

Revenue slumped 42% year over year to SG$18.9 million from SG$32.9 million.

The company declared a first and final dividend of SG$0.005 per share for the year ended Dec. 31, 2024.

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