Back 16 Apr 2025

Vin's Holdings Ltd Reports Increased Gross Profit and Margin in FY2024

Link: https://links.sgx.com/1.0.0/corporate-announcements/QHLMHRS70B4PISTV/6e2befa77f0fb20e020ef1e47da96ca41b1dc048a9312bf74fac9918d3721f21

Summary: Vin's Holdings Ltd's gross profit rose by S$2.0 million (16.7%) to S$14.0 million in FY2024, with the gross profit margin increasing from 11.3% to 12.9%, primarily due to higher profits from the Automobile After-Sales Services segment.