Far East Group (catalyst: 5TJ) results for the first half of 2024

Key financial results

• Revenue: S$44.3 million (up 20% from H1 2023).

• Net profit: S$959,000 (after a loss of S$3.45 million in H1 2023).

• Profit margin: 2.2% (after net loss in H1 2023). The transition to profitability was driven by higher sales.

• Earnings per share: S$0.009 (after a loss of S$0.031 in H1 2023).

All figures shown in the graph above refer to the last 12 months (TTM)

The Far East Group share price is largely unchanged compared to the previous week.

Risk analysis

And what about the risks? Every company has them, and we have 3 warning signs for the Far East Group You should know about this.

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