Sustainable Agriculture (08609) announced first-quarter results for the three months ended June 30, 2023. The group achieved total revenue of SGD 25.689 million during the period, an increase of 16.19%; shareholders' profit of SGD 4.941 million, an increase of 9.73%; and a basic profit of SGD 0.98 per share.
According to the announcement, the increase in sales was mainly due to the Group's consolidation of its leading market position in Singapore to sell more eggs to a larger customer base.