Plato Capital Swings to Profit in H2 2024

MT Newswires

02-26

Plato Capital (SGX:YYN) booked an attributable profit to owners of SG$772,000 in the second half of 2024, rebounding from an attributable loss of SG$4.4 million a year earlier.

Earnings per share came in at SG$0.0623, a turnaround from a loss per share of SG$0.3625 in the comparable period, according to a Tuesday filing with the Singapore Exchange.

Revenue was up 25% year over year to SG$284,000 from SG$228,000, mainly due to interest income from a subsidiary's provision of credit facilities.

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