---
title: "SINGAMAS CONT released its 2024 annual performance, with shareholders' profit attributable to shareholders of USD 34.135 million, a year-on-year increase of 75.6%"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/232210144.md"
description: "SINGAMAS CONT released its 2024 annual performance, with a revenue of USD 583 million, a year-on-year increase of 52.4%; profit attributable to shareholders of USD 34.135 million, a year-on-year increase of 75.6%; basic earnings per share of 1.43 US cents, and a proposed final dividend of 5 Hong Kong cents per ordinary share. The revenue from manufacturing and leasing business was USD 553.6 million, accounting for 95% of total revenue. The logistics service business performed steadily, with a revenue of USD 29.216 million"
datetime: "2025-03-18T08:46:04.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/232210144.md)
  - [en](https://longbridge.com/en/news/232210144.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/232210144.md)
---

# SINGAMAS CONT released its 2024 annual performance, with shareholders' profit attributable to shareholders of USD 34.135 million, a year-on-year increase of 75.6%

According to the Zhitong Finance APP, SINGAMAS CONT (00716) announced its full-year results for 2024, with a revenue of USD 583 million, a year-on-year increase of 52.4%; the profit attributable to shareholders was USD 34.135 million, a year-on-year increase of 75.6%; basic earnings per share were 1.43 cents, and a final dividend of 5 Hong Kong cents per ordinary share is proposed.

The manufacturing and leasing business generated revenue of USD 553.6 million for the year ending December 31, 2024, a significant increase of 56% compared to the same period last year. This business accounted for 95% of the group's total revenue (2023: 93%). In addition, the segment profit before tax and before non-controlling interests was USD 44.459 million (2023: USD 19.495 million).

During the review year, the logistics services business continued to benefit from recent initiatives to expand container freight station operations, maintaining overall stable performance. Overall, for the year ending December 31, 2024, this segment achieved revenue of USD 29.216 million (2023: USD 27.487 million), with a segment profit before tax and before non-controlling interests of USD 8.486 million (2023: USD 8.147 million)

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