Eneco Energy's (SGX:R14) loss attributable to owners in the second half of 2024, narrowed to SG$309,000 from SG$426,000 a year earlier, according to a filing with the Singapore Exchange on Thursday.
Loss per share stood at SG$0.0001 compared with SG$0.0002 in the corresponding period last year.
Revenue was up 7% year over year to SG$16.1 million, mainly due to higher business volume across major business segments.
Shares of the company surged over 10% in recent trading.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.