Revenue increased by 9.2% y-o-y to $44.1 million due to the contribution of the group’s healthcare segment after it acquired Pastel Glove. The higher revenue was also attributed to higher sales from the group’s recycling business.
Enviro-Hub (SGX:L23
) has reported earnings of $2.2 million for the FY2022 ended Dec 31, 2022, 17% lower than FY2021’s earnings of $2.7 million.
The lower earnings came in spite of the higher y-o-y revenue as gross profit fell in the same period due to gross losses in the group’s healthcare and construction segments.
