Wing Tai Holdings Full Year 2024 Earnings: S$0.11 loss per share (vs S$0.009 profit in FY 2023)

Wing Tai Holdings (SGX:W05) Full Year 2024 Results

Key Financial Results

• Revenue: S$169.2m (down 65% from FY 2023).
• Net loss: S$84.7m (down from S$6.59m profit in FY 2023).
• S$0.11 loss per share (down from S$0.009 profit in FY 2023).

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 Development Properties segment contributing a total revenue of S$75.1m (44% of total revenue). The most substantial expense, totaling S$90.3m 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 W05's revenue and expenses shape its earnings.

Wing Tai Holdings shares are down 1.5% from a week ago.

Risk Analysis

You should learn about the 1 warning sign we've spotted with Wing Tai Holdings.

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