
Vin's Holdings Swings to Loss in H2 2024

Vins's booked a loss before tax of SG$370,000 for the half ended Dec. 31, 2024, from a profit of SG$1.4 million a year earlier, according to a Wednesday filing with the Singapore Exchange. Loss per share came in at SG$0.0055 compared with earnings per share of SG$0.034 in the comparable period. Revenue was up 11% year over year to SG$55.2 million from SG$49.6 million, mainly due to an increase in sales in the after-sales services segment.
Vins's booked a loss before tax of SG$370,000 for the half ended Dec. 31, 2024, from a profit of SG$1.4 million a year earlier, according to a Wednesday filing with the Singapore Exchange.
Loss per share came in at SG$0.0055 compared with earnings per share of SG$0.034 in the comparable period.
Revenue was up 11% year over year to SG$55.2 million from SG$49.6 million, mainly due to an increase in sales in the after-sales services segment.

