ValueMax's Attributable Profit Surges 71% in H2 2024

MT Newswires

02-28

ValueMax's (SGX:T6I) profit attributable to owners jumped 71% during the second half of 2024 to SG$47.4 million from SG$27.8 million a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share rose to SG$0.05 compared with SG$0.0359 in the comparable period.

Revenue was up 26% year over year to SG$226.4 million from SG$179.2 million, mainly due to increased revenue from retail and trading of jewelry and gold and pawnbroking businesses.

The company declared a final cash dividend of SG$0.0268 per share for the year ended Dec. 31, 2024.

Shares of the pawnbroker were up 1% in recent trading.

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