Soilbuild net profit surges 263% in FY2024

The group’s revenue climbed by 58.4% to $391.8m.

Soilbuild Group Holdings Limited’s net profit surged by 263.3% to $26.6m in the financial year 2024 driven by improved business performance.

During the year, the group’s revenue climbed by 58.4% to $391.8m due to continual focus on operational execution and project delivery in Singapore by its two core business divisions.

The company has proposed a special dividend of $0.1 per share as a one-off incentive to shareholders.

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