Far East Orchard reports 10.6% y-o-y lower earnings for FY2024 of $59 mil due to net fair value gains

Far East Orchard has reported earnings of $59 million for FY2024 ended Dec 31 2024, down 10.6% y-o-y from the $66 million reported in the same period a year ago. 

For 2HFY2024, the company reported earnings of $40.7 million, down 29.4% y-o-y.