The group’s revenue increased 19% y-o-y to $528 million, from increased development sales in Australia and the resilient rental income across the group’s property portfolio in Singapore and London.
Ho Bee Land reverses into earnings of $109.7 million for the FY2024 ended Dec 31, 2024, as compared to a net loss of $259.8 million for FY2023.
Earnings per share for FY2024 came in at 16.50 cents per share.
