ISDN HOLDINGS (01656) announces annual performance, with a net profit attributable to shareholders of 8.522 million Singapore dollars, a year-on-year increase of 72.1%.
28/02/2025
GMT Eight
ISDN HOLDINGS (01656) announced its financial performance for the year ended December 31, 2024, with a revenue of 372 million new dollars, a year-on-year increase of 9%. The company's attributable net profit was 8.522 million new dollars, a year-on-year increase of 72.1%. Earnings per share were 1.91 new cents, with a proposed final dividend of 0.47 new cents per share.
For the six months ended December 31, revenue was 198 million new dollars, a year-on-year increase of 15.5%. The company's attributable profit was 4.741 million Hong Kong dollars, a year-on-year increase of 1174.46%. Earnings per share were 1.06 new cents.
In the 2024 fiscal year and the second half of 2024, ISDN achieved year-on-year and quarter-on-quarter revenue growth in all regions and business segments. The group benefited from its long-term strategy tailored to each business, region, and capability, ensuring orderly and stable capacity building.
The group continued to implement prudent cost management in the 2024 fiscal year, striving for a balance in adapting to cyclical cost structures and making significant commitments to long-term capacity and development investments.
The revenue growth and prudent cost management of CKH HOLDINGS have led to robust profit growth for the group, with shareholder profit increasing by 72% year-on-year in the 2024 fiscal year and achieving a quarter-on-quarter growth of 25% in the second half of 2024.