Eneco Energy's Attributable Loss Narrows in H2; Shares Surge 10%

MT Newswires

02-14

Eneco Energy's (SGX:R14) loss attributable to owners in the second half of 2024, narrowed to SG$309,000 from SG$426,000 a year earlier, according to a filing with the Singapore Exchange on Thursday.

Loss per share stood at SG$0.0001 compared with SG$0.0002 in the corresponding period last year.

Revenue was up 7% year over year to SG$16.1 million, mainly due to higher business volume across major business segments.

Shares of the company surged over 10% in recent trading.

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