
VEDAN INT'L released its annual performance, with profit attributable to shareholders of USD 16.046 million, an increase of 129.7% year-on-year

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VEDAN INT'L announced its annual results for the year ending December 31, 2024, with a profit attributable to shareholders of USD 16.046 million, an increase of 129.7% year-on-year. The group's revenue was USD 380 million, a decrease of 1.6% year-on-year. The basic earnings per share were 1.05 cents, and a final dividend of 0.57 cents per share is proposed. Benefiting from the decline in raw material and energy prices, the overall gross profit margin rose to 17.4%, with a gross profit of USD 66.243 million and a net profit margin increasing to 4.2%
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