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Taka Jewellery reports $8.9 mil earnings for FY2023, up 51% over previous year

Bryan Wu
Bryan Wu • 2 min read
Taka Jewellery reports $8.9 mil earnings for FY2023, up 51% over previous year
File photo of Taka Jewellery’s outlet at ION Orchard. Photo: The Edge Singapore
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Taka Jewellery Holdings (SGX:42L) has announced earnings of $8.90 million for the FY2023 ended June 30, a 51% increase over its earnings of $5.88 million in the previous financial year.

The Singaporean jewellery company also increased its earnings per share to 1.61 cents, up from 1.05 cents per share in FY2022.

For the full-year period, Taka Jewellery’s revenue was up by 40% y-o-y to $145.89 million, while its cost of sales also increased by 35% to $103.59 million compared to last year.

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