IPC's Total Profit Up 32% in H2 2024

MT Newswires

02-18

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

Earnings per share grew to SG$0.0745 compared with SG$0.0563 in the comparable period.

Sales declined 18% year over year to SG$1.2 million from SG$1.5 million, mainly due to weaker demand in China.

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