Frencken Group’s profit up by 14% in FY2024

Earnings per share were at $0.0869.

Frencken Group Limited reported a net profit attributable to equity holders of $37.1m in FY2024, up by 14.3%.

The group’s revenue climbed by 6.9% year-on-year to $794.3m in FY2024, driven by higher revenue from its Mechatronics Division, which offset a dip in revenue from the Integrated Manufacturing Services Division.

Gross profit increased by 17.7% to $115.3m, and the gross profit margin expanded to 14.5%, due mainly to better operating leverage.

Earnings per share were at $0.0869.

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Frencken Group Limited

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