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Grand Banks Yachts’ net profit for 9MFY2024 at multi-year high of $10.9 mil

Felicia Tan
Felicia Tan • 2 min read
Grand Banks Yachts’ net profit for 9MFY2024 at multi-year high of $10.9 mil
Gross profit margin rose to 38.0% from 28.3% in the corresponding period the year before.
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Grand Banks Yachts has reported a net profit of $10.9 million for the 9MFY2024 ended March 31, 92.8% higher y-o-y and the highest in over 10 years.

Revenue for the period rose by 20.7% y-o-y to $94.2 million.

Gross profit grew by 62.3% y-o-y to $35.8 million while gross profit margin rose to 38.0% from 28.3% in the corresponding period the year before.

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