Lincotrade and Associates' Attributable Profit Slides 60% in Fiscal H1

MT Newswires

02/14

Lincotrade and Associates' (SGX:BFT) profit attributable to owners of the company slid 60% to SG$717,000 for six months ended Dec. 31, 2024, from SG$1.8 million a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share dropped to SG$0.0042 compared with SG$0.0104 in the comparable period.

Revenue in fiscal H1 declined 21% year over year to SG$33.7 million from SG$42.7 million, mainly due to decreased revenue across all major business segments.

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