Gross profit rose by 2.4% y-o-y to $64.5 million while gross profit margin dipped from 56.7% to 54.6%.
Haw Par Corporation has reported a profit net of tax of $122.0 million for the 1HFY2024 ended June 30, 17.1% higher y-o-y.
Revenue rose by 6.3% y-o-y to $118.1 million as demand for healthcare products remained robust. However, cost of sales rose by 11.4% y-o-y to $53.7 million due mainly to higher overheads and labour cost.
