Heeton Holdings' Profit Jumps 221% in H2 2024

MT Newswires

02/21

Heeton Holdings' (SGX:5DP) attributable profit to owners surged 221% during the second half of 2024 to SG$3.9 million from SG$1.2 million a year earlier, according to a filing with the Singapore Exchange on Thursday.

Earnings per share rose to SG$0.0079 compared with SG$0.0025 in the comparable period.

Revenue climbed 11% year over year to SG$41.1 million from SG$37.2 million, mainly due to higher occupancies of hotels in the UK and increased rental rates.

The company recommended a final ordinary cash dividend of SG$0.005 per share for the year ended Dec. 31, 2024.

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