ST Group Reports Profit Decline Amid Revenue Rise

ST Group Food Industries Holdings Limited (SG:DRX) has released an update.

ST Group Food Industries Holdings Limited reported a decline in profit to A$0.52 million for FY2024, down from A$1.86 million in the previous year, despite a rise in revenue. The company maintains a consistent gross profit margin, slightly dipping to 67.5% this year from 67.8% last year. While investors seek greater transparency, ST Group prioritizes confidentiality, offering segment-based insights instead.

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