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Hiap Seng Industries Full Year 2024 Earnings: EPS: S$0.007 (vs S$0.008 loss in FY 2023)

Hiap Seng Industries (SGX:1L2) Full Year 2024 Results

Key Financial Results

  • Revenue: S$24.9m (up 34% from FY 2023).

  • Net income: S$20.1m (up from S$2.55m loss in FY 2023).

  • Profit margin: 81% (up from net loss in FY 2023). The move to profitability was primarily driven by lower expenses.

  • EPS: S$0.007 (up from S$0.008 loss in FY 2023).

earnings-and-revenue-history
earnings-and-revenue-history

All figures shown in the chart above are for the trailing 12 month (TTM) period

Hiap Seng Industries' share price is broadly unchanged from a week ago.

Risk Analysis

It is worth noting though that we have found 2 warning signs for Hiap Seng Industries that you need to take into consideration.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) simplywallst.com.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.