Intraco has exited from the SGX Watch-list, having reported full-year earnings and maintaining a market cap of more than $40 million.
The company was put in the Watch-list on June 6 2023. The exit will take effect on April 7.
For the year ended Dec 31 2024, the company reported earnings of $2.04 million, down 36% from $3.18 million recorded in the year earlier. Revenue in the same period was up 19.9% y-o-y to $182.8 million.
Besides Intraco , other companies that were included in the list on June 6 2023 were Amos Group, British and Malayan Holdings , CF Offshore, Datapulse Technology , GRP, IP Corporation, Jadason Enterprises , Manufacturing Integration Technology , Salt Investments, Shanghai Turbo Enterprises and Trek 2000 International .
With Intraco's exit, there 31 companies remain in this list.
Intraco's shares last traded at 39 cents, up more than 39% in the past year, valuing the company at $44.4 million.
