NSN's Returns to Attributable Profit in H2 2024 as Sales Rise 41%; Shares Up 5%

MT Newswires

02/12

NSN (SGX:N02) booked an attributable profit to equity holders of SG$18.9 million in the second half of 2024, versus a attributable loss of SG$25.8 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Earnings per share came in at SG$0.0507, compared with a loss per share of SG$0.0690 in the comparable period.

Total sales jumped 41% year over year to SG$179.7 million from SG$127.3 million, mainly due to increased revenue generated by precast and environmental services divisions.

Shares of the company were up nearly 5% in recent trading.

Price (SGD): S$0.78, Change: S$+0.035, Percent Change: +4.70%

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