Wing Tai recorded a 1HFY2024 revenue of $97.7 million, 63% lower y-o-y due to a lower contribution from development properties. Revenue for the period was largely attributable to the progressive sales recognised from The M at Middle Road in Singapore and the sale of residential units in Jesselton Hills in Malaysia.
Wing Tai Holdings (SGX:W05
) has reported earnings of $20.5 million for its 1HFY2024 ended Dec 31, 2023, down 68% compared to its earnings of $63.3 million in the same period last year.
For the half-year period, earnings per share (EPS) also decreased to 2.24 cents, down from 7.87 cents per share in 1HFY2023.
