Back 14 Apr 2025

Mewah International Inc. Reports Revenue Growth Amidst Profit Decline in FY2024​

Link: https://links.sgx.com/1.0.0/corporate-announcements/0NDR8ADN10VQUZZD/73d1392bc6a4f1bd448a615dfc133f86b5c23afaac0a02bc254dfdedc83fb949

Summary: Mewah International Inc. achieved a 16% increase in revenue, reaching US$4.78 billion in FY2024, driven by a 10.3% rise in sales volume to 4.78 million metric tons. Despite this growth, net profit declined by 4.4% to US$38.8 million, attributed to factors such as increased impairment losses and higher finance expenses.