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Global Investments reverses into earnings of $8.60 mil for FY2023

Douglas Toh
Douglas Toh • 2 min read
Global Investments reverses into earnings of $8.60 mil for FY2023
The company's losses last year were primarily attributable to its fair value loss of $40.7 million. Photo: The Edge Singapore
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Investment firm Global Investments (SGX:B73) has reported earnings of $8.60 million for its FY2023 ended Dec 31, 2023, reversing from a loss of $35.1 million in FY2022.

This translates to an earnings per share of 0.55 cents, reversing from FY2022’s losses per share of 2.23 cents.

Meanwhile, the company’s revenue for FY2023 came in at $12.8 million, from a loss of $32.5 million the year before.

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