Ley Choon's net profit up 18.1% YoY in FY24 to $10.9m

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pstrongThe company attributed its profit rise to increased road and cable projects./strong/p pLey Choon Group Holdings posted an 18.1% YoY higher net profit of $10.9m in FY24, fueled by increased construction activities in road works and cable laying projects.

Ley Choon Group Holdings posted an 18.1% YoY higher net profit of $10.9m in FY24, fueled by increased construction activities in road works and cable laying projects.

Apart from net profit, the company’s revenue and gross profit also increased, rising 4.2% YoY to $129.1m and 28.9% YOY to $21.1m, respectively. The company attributed its improved gross profit to the “favourable project mix with higher value construction activities being carried out.” The proposed dividend offers a yield of 4.6% based on the company’s closing price of 5.9 cents as of 24 May....there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.Ley Choon's net profit up 18.1% YoY in FY24 to $10.

Source: News Formal (newsformal.com)

 

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