IFS Capital's Profit Declines 59% in H2 2024
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IFS Capital's attributable profit declined 59% during the second half of 2024 to SG$983,000 from SG$2.4 million a year earlier, according to a filing with the Singapore Exchange on Tuesday. Earnings per share fell to SG$0.0026 compared with SG$0.0063 in the comparable period. Net interest income increased 6.6% year over year to SG$12.9 million from SG$12.1 million. The company declared a first and final dividend of SG$0.005 per share for 2024.
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