Pacific Century Regional Developments Returns to Attributable Profit in H2 2024; Shares Up 5%

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2025.02.26 04:26
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Pacific Century Regional Developments booked an attributable profit to equity holders of SG$1.8 million during the second half of the year, against an attributable loss of SG$3.2 million a year earlier, according to a filing with the Singapore Exchange on Tuesday. Loss per share narrowed to SG$0.00594 compared with a loss per share of SG$0.01185 in the comparable period. Revenue declined 41% year over year to SG$4.7million from SG$8.1 million. Shares of the investment group were up over 5% in recent trading.

Pacific Century Regional Developments booked an attributable profit to equity holders of SG$1.8 million during the second half of the year, against an attributable loss of SG$3.2 million a year earlier, according to a filing with the Singapore Exchange on Tuesday.

Loss per share narrowed to SG$0.00594 compared with a loss per share of SG$0.01185 in the comparable period.

Revenue declined 41% year over year to SG$4.7million from SG$8.1 million.

Shares of the investment group were up over 5% in recent trading.