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25 Mar 2025
Sing Investments & Finance's FY2024 Net Profit Increases by 5%
Summary:
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Net Profit: Increased by 5% to S$32.5 million in FY2024, up from S$31.0 million in FY2023.
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Net Interest Income: Rose by 7% to S$60.8 million, compared to S$56.8 million in the previous year.
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Total Assets: Expanded by 4% to S$3.5 billion as of 31 December 2024, from S$3.36 billion a year earlier.
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Earnings Per Share (EPS): Improved to 13.75 Singapore cents, up from 13.10 cents in FY2023.
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Dividend: Declared a final one-tier tax-exempt dividend of 6.5 cents per share for FY2024, an increase from 6.0 cents in the prior year.
Note: All data is sourced from Sing Investments & Finance Limited's FY2024 Annual Report.