Earnings per share for FY2024 was 5.85 cents per share, 19% y-o-y higher than the 4.93 cents per share declared previously.
Pan-United recorded a 5% y-o-y revenue growth for FY2024 of $812.3 million, and a 3% y-o-y growth in 2HFY2024 revenue of $427.6 million.
The group says that revenue growth was backed by a healthy construction industry in Singapore. The increase in business activities resulted in higher raw material, subcontract costs and other direct costs and other expenses in FY2024.
The group has declared an interim dividend of 0.7 cents per ordinary share, and a final dividend of 2.3 cents per ordinary share.
See also: GuocoLand posts lower FY2025 on allowances in China; plans to pay a higher dividend
Shares in Pan-United closed flat at 62 cents on Feb 25.
