Meanwhile, the group’s revenue saw a 9% y-o-y decrease to $1.5 billion, due to weakening steel prices, which impacted the group’s top line growth. That said, the group says offtake “remained steady”, which supported profitability for FY2024.
BRC Asia has reported earnings of $93.5 million for the FY2024 ended Sept 30, up 23% y-o-y from the same period last year.
Earnings per share stood at 34.10 cents for FY2024, up from 27.61 cents in FY2023.
