IPC Logs 32% Increase in H2 2024 Profit

MT Newswires

2025/02/19

IPC's (SGX:AZA) total profit for the six months ended Dec. 31, 2024 rose 32% to SG$6.4 million from SG$4.8 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Attributable earnings per share rose to SG$0.0745 from SG$0.0563 in the comparable period.

Sales in H2 2024, however, fell 18% year over year to SG$1.2 million from SG$1.5 million, mainly due to lower sales in China.

Price (SGD): S$0.10, Change: S$+0.0010, Percent Change: +0.97%

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