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PropNex reports lower FY2024 earnings but expects significant pick-up for 1HFY2025

propnex-reports-lower-fy2024-earnings-but-expects-significant-pick-up-for-1hfy2025

Singapore’s largest real estate agency PropNex has reported earnings of $21.9 million for its 2HFY2024 ended Dec 31, 2024, down 14.9% y-o-y. This brings its full-year earnings to $40.9 million, 14.4% lower compared to the preceding FY2023. Revenue dipped 6.6% in FY2024 over FY2023, due to the “relatively subdued property market”. Nonetheless, to mark its […]