Click here to support us!
Back 01 Apr 2025

Pacific Century Regional Developments Limited (PCRD) Reports FY2024 Financial Results

Link: https://links.sgx.com/1.0.0/corporate-announcements/274N0L7Q3TB7JINC/3bc223037ca7fa8579eeba0f358671c384e97b4e1c96383fbdb8ac4cd80241aa

Summary:

  • Revenue: PCRD's revenue for the financial year ended 31 December 2024 was S$6.2 million, compared to S$6.3 million in the previous year.

  • Share of Results from Associated Corporations: The Group recorded a share of loss from associated corporations amounting to S$18.3 million, a reversal from a share of profit of S$6.3 million in FY2023.

  • Net Profit: PCRD reported a net profit of S$2.5 million for FY2024, a decrease from S$3.8 million in the prior year.

  • Earnings Per Share (EPS): The EPS for FY2024 was 0.28 Singapore cents, down from 0.42 cents in FY2023.

  • Dividend: The Board has recommended a final dividend of 0.3 Singapore cents per share for FY2024, subject to shareholder approval.

Note: All data is sourced from Pacific Century Regional Developments Limited's Annual Report for the financial year ended 31 December 2024.