Sing Holdings' Attributable Profit Jumps 38% in H2 2024; Shares Up 5%

MT Newswires

2025/02/19

Sing Holdings' (SGX:5IC) attributable profit to shareholders increased 38% during the second half of 2024 to SG$7.5 million from SG$5.5 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Earnings per share rose to SG$0.0188 compared with SG$0.0136 in the comparable period.

Revenue was up 365% year over year to SG$10.2 million from SG$2.2 million, mainly due to proceeds from sales of six industrial units and rental income.

Shares of the company were up nearly 5% in recent trading.

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