Aspial Corporation reports $5.45m profit for FY2024

Revenue was 13% HIGHER AT s$678.36m for the whole year.

Jeweller retailer Aspial Corporation has reported S$5.45m in profit attributable to owners of the company for FY2024, according to an SGX filing.

In contrast, it reported a S$23.54m loss in FY2023.

Profit for the second half of the year was S$12.07m, compared to a S$8.54m loss in H2 2023.

Revenue was 13% year-on-year (YoY) higher at S$678.36m in FY2024, compared to S$599.99m in FY2023.

Earnings per ordinary share is S$0.54 for H2 2024 and S$0.25 for FY2024 after distribution to perpetual securities holders.

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