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XMH Holdings posts six-fold earnings increase to $6.5 mil for 1HFY2024

Bryan Wu
Bryan Wu • 2 min read
XMH Holdings posts six-fold earnings increase to $6.5 mil for 1HFY2024
For the half-year period, XMH recorded a revenue of $71.0 million, up 22.6% y-o-y. Photo: XMH
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XMH Holdings (SGX:BQF) has reported earnings of $6.5 million for its 1HFY2024 ended Oct 31, a six-fold increase over its $1.1 million earnings posted for the same period last year.

The company’s earnings per share (EPS) increased at a similar rate to 5.91 cents, up from 0.98 cents in 1HFY2023.

For the half-year period, XMH recorded a revenue of $71.0 million, up 22.6% y-o-y. Its cost of sales, however, stayed relatively flat at $48.6 million, just 5.4% higher than in 1HFY2023.

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