Avjennings' Attributable Profit Declines 13% in 2024

MT Newswires

02/25

Avjennings' (SGX:A05, ASX:AVJ) attributable profit to owners declined 13% to SG$2.4 million in 2024, from SG$2.8 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Earnings per share decreased to SG$0.0043 compared with SG$0.0061 in the comparable period.

Revenue, however, increased 9.1% year on year to SG$131.4 million from SG$120.4 million, mainly due to higher apartment settlements.

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