Lincotrade & Associates Holdings Limited (SG:BFT) has released an update.
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Lincotrade & Associates Holdings Limited has reported a robust net profit of S$2.3 million for FY2024 and proposed a generous dividend of 0.32 Singapore cents per share, resulting in a total annual dividend of 0.70 cents. Despite a slight dip in revenue, the company’s commercial and residential segments have significantly contributed to its strong financial performance. Lincotrade’s strategic growth is underscored by a solid order book valued at S$39.5 million, showcasing the firm’s potential for future expansion.
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