Haw Par Corporation LimitedSGX: H02

Haw Par Corporation: Net profit rose 18.2% to S$144.1m on higher revenue and investment income

· Issued by Haw Par Corporation Limited

Revenue grew 7% to S$126.3m and net profit rose 18.2% to S$144.1m, driven by strong healthcare demand and higher investment income. Gross margin improved, but administrative expenses increased due to currency losses. Weaker consumer spending is expected ahead.

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