Wee Hur (SGX:E3B) booked an attributable loss of SG$12.5 million during the second half of 2024 against an attributable profit of SG$120.4 million a year earlier, according to a filing with the Singapore Exchange on Friday.
Loss per share from continuing operations stood at SG$0.0136 compared with earnings per share of SG$0.1347 in the comparable period.
Revenue declined 27% year over year to SG$91.7 million from SG$125.6 million, mainly due to lower contributions from construction property segments.
The company declared a final cash dividend of SG$0.008 for H2 2024.
Shares of the property developer were down over 8% in morning trading Monday.
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.