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Back 19 Mar 2025

Eneco Energy's FY2024 Revenue Declines by 15%

Link: https://links.sgx.com/1.0.0/corporate-announcements/CGNUA91RL0RGXCGH/b14bfcc46e05048eb42c931aae429a63754e479eaad7d6c5d60801c4705db591

Summary:

  • Revenue: Decreased by 15% to S$50 million in FY2024, down from S$59 million in FY2023.

  • Net Loss: Widened to S$10 million, compared to a net loss of S$7 million in the previous year.

  • Earnings Per Share (EPS): Declined to a loss of 2.5 Singapore cents, from a loss of 1.75 cents in FY2023.

  • Total Assets: Decreased by 8% to S$120 million as of 31 December 2024, down from S$130 million as of 31 December 2023.

Note: All data is sourced from Eneco Energy Limited's FY2024 Annual Report.