Food Empire Holdings Full Year 2024 Earnings: Beats Expectations

• Income: US$476.3m (up 12% from FY 2023).

• Internet revenue: US$52.5m (down 7.0% from FY 2023).

• Revenue margin: 11% (down from 13% in FY 2023). The lower in margin was pushed by increased bills.

• EPS: US$0.10 (down from US$0.11 in FY 2023).

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All figures proven within the chart above are for the trailing 12 month (TTM) interval

Income exceeded analyst estimates by 3.9%. Earnings per share (EPS) additionally surpassed analyst estimates by 8.8%.

Wanting forward, income is forecast to develop 5.5% p.a. on common in the course of the subsequent 3 years, in comparison with a 5.0% development forecast for the Meals business in Singapore.

Performance of the Singaporean Food industry.

The corporate’s shares are down 5.1% from per week in the past.

You continue to must be aware of dangers, for instance – Meals Empire Holdings has 2 warning signs (and 1 which shouldn’t be ignored) we expect it is best to find out about.

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