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Raffles Interior Ltd. Reports 2024 Annual Results with Notable Revenue Decline

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Raffles Interior Ltd. Reports 2024 Annual Results with Notable Revenue Decline

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An announcement from Raffles Interior Ltd. ( (HK:1376) ) is now available.

Raffles Interior Ltd. announced its audited annual results for the year ended December 31, 2024, reporting a significant drop in revenue from S$91,181,000 in 2023 to S$47,120,000 in 2024. The company faced a comprehensive loss of S$4,537,000, mainly due to losses from discontinued operations, impacting the overall profitability and market positioning.

More about Raffles Interior Ltd.

Raffles Interior Ltd. is a company incorporated in the Cayman Islands, operating in the interior design and construction industry. The company focuses on providing comprehensive interior solutions, including design, project management, and construction services.

YTD Price Performance: -61.18%

Average Trading Volume: 832,326

Technical Sentiment Signal: Buy

Current Market Cap: HK$66M

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