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MoneyMax reports higher earnings of $38.2 mil for FY2024, up 68.6% y-o-y

Nicole Lim
Nicole Lim • 1 min read
MoneyMax reports higher earnings of $38.2 mil for FY2024, up 68.6% y-o-y
This is due to increased sales volume in retail trading of gold and luxury items, supported by higher gold prices / Photo: Money-Max
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MoneyMax has reported earnings of $38.2 million for the FY2024 ended Dec 31, 2024, up 68.6% y-o-y. For the 2HFY2024, earnings also grew 67.1% y-o-y to $21.6 million. 

Earnings per share for FY2024 stood at 8.64 cents per share, up from the 5.13 cents per share reported in the same period a year ago. 

The group recorded a revenue of $390.1 million for the FY2024, up 36.5% y-o-y. Revenue for the 2HFY2024 also grew 31.2% y-o-y to $204.9 million. 

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