Noel Gifts International Raises Fiscal 2024 Attributable Profit Following Audited Financial Statements

MT Newswires10-02

Noel Gifts International (SGX:543) said its attributable profit for the fiscal year ending June 30 has been increased to SG$13.5 million from SG$13.3 million following the finalization of the audited financial statements.

The increase is down to the finalization of a refund receivable from a management corporation related to a disposed property, according to a Tuesday filing on the Singapore Exchange.

The gifting company's loss from continuing operations remained at SG$853,000, while profit from discontinued operations has been raised to SG$14.3 million from SG$14.2 million.

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