III

PEC

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Financial Performance for FY2024:Revenue: PEC Ltd. reported a 14% increase in revenue, reaching S$491.0 million for the financial year ended 30 June 2024, up from S$430.9 million in FY2023.
Net Profit: The company achieved a net profit of S$18.7 million, more than double the previous year’s net profit of S$8.1 million.
Cash Flow: PEC generated significant cash from operations, with S$42.1 million, a strong recovery from the minimal S$0.2 million in FY2023.
Dividends: The company has proposed a final dividend of 2.0 cents per ordinary share and a special dividend of 1.5 cents per ordinary share for FY2024, subject to approval at the AGM on 25 October 2024. Thank you