Back 15 May 2025

Suntar Eco-City Limited Navigates FY2024: Economic Value Dip Offset by Sharp Reduction in Operating Costs

Link: https://links.sgx.com/1.0.0/corporate-announcements/T4WPYIWC7VBR9H2U/2eaa0853325c5a6fd1ea3b07910582d5c40597d8e6e3bbb8bf80166d0dcaf788

Summary:

  • Suntar Eco-City Limited's Economic Value Generated decreased from RMB 39.22 million in FY2023 to RMB 19.78 million in FY2024.
  • Operating Costs were significantly reduced from RMB 37.80 million in FY2023 to RMB 12.54 million in FY2024.
  • Employee Benefits remained relatively stable at RMB 0.41 million in FY2024, similar to RMB 0.42 million in FY2023.
  • Taxes paid to governments remained consistent at RMB 0.11 million in both FY2024 and FY2023.