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14 Apr 2025
Figtree Holdings Reports FY2024 Net Loss of S$4.9 Million Amidst Revenue Growth
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.