However, the group said that it saw higher operating costs for the year due to cost of sales increasing, which resulted in gross profit margin dropping.
TIGER Balm maker Haw Par Corp’s profit fell 5.5 per cent to S$106.3 million for the six months ended Dec 31, 2024, on the back of higher costs. Read more at The Business Times.
QAF Limited has reported earnings of $34.7 million for the FY2024 ended Dec 31, 2024, up 26% y-o-y. However, for the 2HFY2024 period, the group saw a 2% y-o-y decline to $22.2 million. The group’s ...
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