Haw Par Corporation LimitedSGX: H02

Haw Par Corporation: Net profit surged 17.1% to S$122.0m on higher revenue and investment income, despite margin pressure

· Issued by Haw Par Corporation Limited

Revenue grew 6.3% to S$118.1m and net profit rose 17.1% to S$122.0m, driven by strong healthcare demand and higher investment income. Gross margin declined due to rising costs, while cash balances fell as investments increased. Persistent cost pressures and global uncertainties may impact future performance.

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