Back 14 Apr 2025

Figtree Holdings Reports FY2024 Net Loss of S$4.9 Million Amidst Revenue Growth​

Link: https://links.sgx.com/1.0.0/corporate-announcements/VD0T4ITJNAHXP4QH/31a6ad4d61b0ecf7ebfabd1f40bcfc82a867115e041d51d05ea2a42cc6e55ba9

Summary: Figtree Holdings Limited recorded a net loss of S$4.9 million for the fiscal year ended December 31, 2024, compared to a restated loss of S$3.3 million in FY2023. Despite the loss, the Group's revenue increased, driven by the sale of development properties and contributions from construction projects. The company continues to focus on its core businesses in construction and property development while managing financial challenges.