Global Investments Limited net profits surge 197% in 2024

Singapore Business Review
2025.02.27 03:51
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Global Investments Limited reported a net profit after tax of $25.5 million for 2024, a 197% increase from $8.6 million in 2023. The group's income rose to $29.7 million, up from $12.8 million the previous year, driven by a fair value gain on financial assets of $15.9 million. The company also saw a slight increase in dividend income to $2.9 million and maintained interest income at $10.8 million. A final dividend of 0.40 cents per share has been recommended by the directors.