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Yeo Hiap Seng reports earnings of $6.88 mil for FY2024 up 2.5% y-o-y

Nicole Lim
Nicole Lim • 2 min read
Yeo Hiap Seng reports earnings of $6.88 mil for FY2024 up 2.5% y-o-y
Revenue for the full year decreased 1.2% y-o-y, but grew 7.7% y-o-y for 2HFY2024 due to higher sales volume in Malaysia, Singapore and Indonesia. Photo: Yeo Hiap Seng
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Yeo Hiap Seng has reported earnings of $6.88 million for FY2024 ended Dec 31, 2024, up 2.5% y-o-y. Its 2HFY2024 earnings came in 9% y-o-y higher at $3.66 million.

Earnings per share for the FY2024 came in at 1.11 cents per ordinary share. 

The group reported a revenue of $328.6 million for FY2024, down 1.2% y-o-y. Revenue for 2HFY2024 however grew 7.7% y-o-y higher to $163.2 million.

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