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Beng Kuang Marine reports earnings of $11.5 mil for FY2024, sees organic growth in two core business divisions

Nicole Lim
Nicole Lim • 2 min read
Beng Kuang Marine reports earnings of $11.5 mil for FY2024, sees organic growth in two core business divisions
The group has proposed a dividend of 0.6 cents per ordinary share. Photo: Beng Kuang Marine
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Beng Kuang Marine has reported earnings of $11.5 million for the FY2024 ended Dec 31, 2024, up 237% y-o-y from the $3.4 mil reported in the same period a year ago. 

The offshore and marine services company reported earnings per share of 5.79 cents, up 237% y-o-y for the FY2024. 

For the 2HFY2024, earnings came in 30.5% y-o-y lower at $2.97 million, down from the $4.28 million in the same period a year ago. 

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