Revenue from the distribution business segment increased by 10.4% y-o-y to $87.1 million, mainly due to the strong demand from the group’s customers and upward adjustment of selling prices for certain electrical products and accessories in FY2022.
Electrical products and accessories retailer and distributor Choo Chiang Holdings (SGX:42E
) announced that its FY2022 ended December 2022 earnings have grown by 5.3% to $9.0 million from $8.6 million last year.
This came on the back of a 10.3% y-o-y growth in revenue to $87.6 million from $79.4 million a year ago, mainly due to an increase in the revenue from the distribution business segment.
