Profit before tax for FY2021 stood at US$614 million, from a loss before tax of US$32 million in FY2020.
Vertex Venture Holdings has posted earnings of US$530 million ($719 million) in the FY2021 ended December 31, 2021, a reversal from a loss of US$40 million ($54.2 million) the year before.
The Temasek wholly-owned subsidiary recorded an 8,173.9% increase in its revenue to US$79.3 million from US$900,000 in the same period last year. Its EBIT also grew to US$614 million, from a loss of US$32.5 million.
