Straits Trading Full Year 2024 Earnings: S$0.016 loss per share (vs S$0.064 loss in FY 2023)

Straits Trading (SGX:S20) Full Year 2024 Results

Key Financial Results

• Revenue: S$595.2m (up 7.2% from FY 2023).
• Net loss: S$7.23m (loss narrowed by 75% from FY 2023).
• S$0.016 loss per share (improved from S$0.064 loss in FY 2023).

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

The primary driver behind last 12 months revenue was the Resources segment contributing a total revenue of S$494.1m (83% of total revenue). Notably, cost of sales worth S$437.5m amounted to 74% of total revenue thereby underscoring the impact on earnings. The most substantial expense, totaling S$85.0m were related to Non-Operating costs. This indicates that a significant portion of the company's costs is related to non-core activities. Explore how S20's revenue and expenses shape its earnings.

Straits Trading shares are down 5.0% from a week ago.

Risk Analysis

Before you take the next step you should know about the 3 warning signs for Straits Trading that we have uncovered.

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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.