Grand Bank Yacht's Attributable Profit Rises 9% in Fiscak H1; Shares Down 13%

MT Newswires

2025/02/13

Grand Bank Yacht's (SGX:G50) profit attributable to owners of the company for the fiscal first half rose 9.2% to SG$7.6 million from SG$6.9 a year earlier, a filing with the Singapore Exchange said on Wednesday.

Earnings per share in the six months ended Dec. 31, 2024, increased to SG$0.0396 from SG$0.0371 in the comparable period.

Revenue was up 3.4% year over year to SG$67.2 million, the filing said.

Shares of the luxury yacht builder were down over 13% in recent trading.

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