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Sanli Environmental reports lower earnings of $2.92 million for FY2024

Douglas Toh
Douglas Toh • 2 min read
Sanli Environmental reports lower earnings of $2.92 million for FY2024
Sanli is proposing a first and final dividend of 0.327 Singapore cents per share. Photo: Sanli
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Environmental engineering company, Sanli Environmental (SGX:1E3) , has reported earnings of $2.92 million for its FY2024 ended March, down 32.8% y-o-y.

Meanwhile, earnings per share for the year came in at 1.09 cents, 33.1% lower y-o-y.

Conversely, Sanli’s revenue for the FY2024 increased by 22.7% to $130.6 million from the previous year’s $106.4 million, driven by the 22.7% y-o-y revenue growth to $108.1 million in its engineering, procurement and construction (EPC) segment due to the completion of new projects initiated in the previous year.

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