Megachem Swings to Profit in H2 2024
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Megachem reported a net profit of SG$5.9 million for H2 2024, recovering from a loss of SG$6.7 million the previous year. Earnings per share improved to SG$0.0443 from a loss of SG$0.0504. Revenue increased by 2.2% to SG$63.7 million, driven by strong sales in North Asia and ASEAN. A final dividend of SG$0.005 per share was recommended for the year ending December 31, 2024.
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