Japan Foods Holdings suffers $0.5m net loss in FY24

The company attributed the net loss to higher expenses.

Japan Foods Holdings incurred a net loss of $0.5m in FY24, a reversal from the $4.1m net profit recorded in FY23.

The company reported a net loss despite a 10.0% YoY higher revenue of $86.4m.

In its latest financial statement, the company said higher expenses, primarily due to expanded operations and a one-off impairment loss, impacted its net profit in FY24.

Due to its net loss, the company also reported a loss per share of $0.03 in FY24.

Despite its net loss, the board proposed a final dividend of $0.02 per ordinary share.

Together with the interim dividend of $0.03 paid in December 2023, the total dividend for FY24 was $0.05.

Follow the link for more news on

Financial Statements

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia