The surge in earnings for the 2HFY2022 and FY2022 is mainly due to the higher revenue and better operating profit, as well as the one-off gain of US$15.0 million from the disposal of the group’s non-core asset.
Excluding the one-off gain, the group’s earnings for the FY2022 surged by 133.7% y-o-y to US$45.1 million from US$19.3 million previously.
Food Empire reports 4.2 times surge in 2HFY2022 earnings of US$33.0 mil
https://www.theedgesingapore.com/capita ... -us330-mil