GKE Corp reports FY2024 earnings of $4.3 mil, 10.1% higher y-o-y

Revenue rose by 1.5% y-o-y to $110.6 million. The warehousing and logistics segment in Singapore, comprising the relatively higher-margin specialty chemicals, dangerous goods, pharmaceuticals, electronics supply chain management solutions and services contributed to the higher revenue and earnings, which were offset by the group’s freight and infrastructural materials and services, which faced headwinds during the year. According to GKE Corporation (SGX:595) , revenue from one major customer of $14.5 million arose from services provided by the warehouse and logistics segment.