IPC's (SGX:AZA) total profit for the second half of the year ended Dec. 31, 2024 increased 32% to SG$6.4 million from SG$4.8 million a year earlier, according to a filing with the Singapore Exchange on Monday.
Earnings per share grew to SG$0.0745 compared with SG$0.0563 in the comparable period.
Sales declined 18% year over year to SG$1.2 million from SG$1.5 million, mainly due to weaker demand in China.