AF Global Swings to Attributable Loss in H2 2024

MT Newswires

02/25

AF Global (SGX:L38) booked an attributable loss to shareholders of SG$49,000 in the second half of 2024 from an attributable profit of SG$1.7 million a year earlier, a filing with the Singapore Exchange said on Monday.

The company did not report any earnings per share for the period after posting earnings per share of SG$0.0016 in the comparable period.

Revenue jumped 10% year over year to SG$15.4 million from SG$14.0 million, driven by higher occupancies and room rates.

Shares of the company were down over 1% in recent trading.

Price (SGD): S$0.07, Change: S$-0.00100, Percent Change: -1.41%

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