Yeo Hiap Seng's Attributable Net Profit Rises 9% in H2 2024

MT Newswires

03-03

Yeo Hiap Seng's (SGX:Y03) net profit attributable to equity holders was up 9% during the second half of 2024 to SG$3.7 million from SG$3.4 million a year earlier, according to a filing with the Singapore Exchange on Friday.

Earnings per share rose to SG$0.0059 compared with SG$0.0054 in the comparable period.

Revenue was up 7.7% year over year to SG$163.2 million from SG$151.7 million, due to the recognition of higher compensation income of SG$7.9 million for the Oatly exit compensation.

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