Far East Forecasts Net Profit for 2024; Shares Up 3%

MT Newswires

2025/02/24

Far East (SGX:5TJ) is expecting to book a net profit for 2024 compared with a net loss a year earlier, according to a filing with the Singapore Exchange on Friday.

The company has attributed the return to profit to an increase in revenue from its engineering solutions segment.

The company will release its financial figures by March 1.

Shares of the company were up over 3% in recent trading.

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