Pan-United’s net profit up 19% YoY
Net profit rose in tandem with revenue.
Pan-United Corporation Ltd’s net profit increased 19% year-on-year (YoY) to $40.9m in FY 2024.
Its net profit rose in tandem with revenue, which increased by 5% YoY to $812.3m.
The company attributed its improved revenue to the healthy construction industry in Singapore.
With better profit, the company reported a 19% YoY higher earnings per share of $0.0585.