In FY2023, revenue fell by 68.8% y-o-y to US$4.91 million, while property development expenses decreased by 94.6% compared to FY2022.
Earnings per share (EPS) for FY2023 tripled to 0.63 US cents, compared to 0.21 cents in the previous year.
Chuan Hup has declared a dividend of 1 Singapore cent per share for FY2023.
As at June 30, cash and cash equivalents stood at US$42.7 million, a 38.9% y-o-y decrease.
See also: MAS net profit rises to $19.7 bil in FY2024/25 with investment gains more than doubling y-o-y
Shares in Chuan Hup Holdings closed 0.3 cents or 1.65% up at 18.5 cents on Aug 25.