For the half-year period, Asiatic’s revenue came to $22.0 million, up 6.1% y-o-y. The increase was attributed to the increase in the electricity demand by tenants in the Phnom Penh Special Economic Zone power plant compared to 1HFY2023, mainly due to the effect of hot weather experienced in Cambodia caused by El Nino in the first two quarters of FY2024.
Asiatic Group (Holdings) (SGX:5CR
) has announced earnings of $522,000 for the 1HFY2024 ended Sept 30, a 13.2% y-o-y improvement over its earnings of $461,000 in the same period last year.
Earnings per share for the first half of FY2024, however, was down to 0.02 cents compared to 0.03 cents in 1HFY2023.
