pstrongCompany credits stable hospitality segment for performance boost./strong/p pFar East Orchard saw its net profit soar by 54.8% YoY to $6.5m in 1Q24./p pIn a bourse filing, the company attributed its improved performance to stable contributions from its hospitality business segment.
Company credits stable hospitality segment for performance boost.In a bourse filing, the company attributed its improved performance to stable contributions from its hospitality business segment.
Apart from improved net profit, the company also recorded a 10.4% YoY higher revenue of $50.9m and saw a 17.5% YoY uptick in its operating revenue reaching $18.1m.
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