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RE&S Holdings earnings down by 0.7% y-o-y to $7.59 mil in FY2024

Ashley Lo
Ashley Lo • 1 min read
RE&S Holdings earnings down by 0.7% y-o-y to $7.59 mil in FY2024
Earnings per share similarly fell to 2.1 cents, compared to 2.2 cents in 1HFY2023. Photo: The Edge Singapore
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Japanese multi-brand food and beverage operator RE&S Holdings (SGX:1G1) has reported a profit of $7.59 million for its FY2024 ended June 30, 0.7% lower compared to the corresponding period the previous year. 

Earning per share similarly fell to 2.1 cents, compared to 2.2 cents in 1HFY2023. 

Revenue grew by 3% y-o-y for 1HFY2024 to $179.25 million from $174.06 million in 1HFY2023, primarily due to the increase in revenue contribution from quick-service restaurants (QSR), convenience and others. 

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