Kwan yong (09998) announced its annual performance ending on June 30th, 2024, with revenue of 0.134 billion Singapore dollars, a year-on-year increase of 20.1%; net income of 1.571 million Singapore dollars, a year-on-year decrease of 32.4%; and basic earnings per share of 0.20 Singapore cents.
The increase in revenue is mainly due to the increase in construction projects undertaken as of the end of the fiscal year ending on June 30, 2024, compared to the previous fiscal year.