Fu Yu’s FY2024 revenue up 0.5% YoY

Gross profit rose 27.8% YoY.

Fu Yu reported a 0.5% year-on-year (YoY) revenue increase in FY2024 to $190.4m.

This growth was driven by a 10.5% YoY revenue rise from its continuing manufacturing operations to $$114.9m.

Gross profit for the period rose 27.8% YoY to $17.0m.

Meanwhile, revenue from the supply chain management services segment, which ceased business activities in Q4 2024, dropped to $76.4m from $86.4m a year ago.

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