News

Mermaid Maritime’s earnings up nearly 44% in FY 2024

Revenues surged by 89.2% during the period.

Jardine Cycle & Carriage profit falls 22% in 2024

Revenue remained unchanged at $30.1b ($22.3b).

Olam Group profit plunges 83.4% in H2 2024

For the full year, it declined 69% YoY.

Fu Yu narrows loss to $1.2m in FY2024

Revenue from continuing operations increased 10.5% year-on-year.

ComfortDelGro profit up 16.6% YoY to $210.5 m in FY2024

Total revenue also rose 15.4% YoY to $4.48b.

JEP Holdings’ net profit soars by 87% YoY in FY2024

Growth was due to a $1m foreign exchange gain and improved performance of its aerospace business.

Yanlord Land posts $633m loss in FY2024

Revenue for the year also fell 16.1% to $6.73b.

Union Gas net income up 2.2% in FY 2024

Thanks to cost control measures despite a dip in revenue.

Geo Energy's net profit drops 40% YoY in FY2024

The group’s revenue of $541.5m (US$401.9m) marked a 17.8% YoY decrease.

Lendlease REIT SG portfolio sees good rental growth in 2024

As of 31 December 2024, its retail portfolio achieved 99.9% occupancy.

Analysts see steady growth in manufacturing for 2025

Singapore’s industrial production rose 9.1% YoY in January.

Singapore needs $1.8b to develop 124-MW data centre pipeline

Singapore ranks 10th in terms of capital required for development, behind Japan, India, and Australia.

Winking Studios net profit plunges 70.5% in FY2024

However, it saw an 8.9% YoY increase in revenue, reaching $43m (US$31.9m) in FY2024.