Rex International Holding First Half 2024 Earnings: US$0.007 loss per share (vs US$0.002 profit in 1H 2023)

Rex International Holding (SGX:5WH) First Half 2024 Results

Key Financial Results

• Revenue: US$158.7m (up 48% from 1H 2023).
• Net loss: US$8.64m (down by 383% from US$3.06m profit in 1H 2023).
• US$0.007 loss per share (down from US$0.002 profit in 1H 2023).

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

Rex International Holding Earnings Insights

Looking ahead, revenue is expected to decline by 21% p.a. on average during the next 3 years, while revenues in the Energy Services industry in Asia are expected to grow by 7.7%.

Performance of the market in Singapore.

The company's shares are up 13% from a week ago.

Balance Sheet Analysis

While it's very important to consider the profit and loss statement, you can also learn a lot about a company by looking at its balance sheet. We've done some analysis and you can see our take on Rex International Holding's balance sheet.

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