We delivered strong financial performance in 2024, underpinned by resilient earnings and robust cash flow. The Group commits to higher dividend payouts, with a 77% increase in FY2024 total dividend to 23 cents per share compared to FY2023, in line with earnings visibility. This year’s dividend increase reflects our confidence in the company’s future performance and ability to generate sustainable returns. We remain committed to strengthening our growth engines, driving long-term expansion while delivering increasing value to our shareholders.

 

FY2024 Results Highlights (Continuing Operations)

S$6,417m

Turnover

S$2,051m

Adjusted EBITDA*

S$1,019m

Net Profit before Exceptional Items

20.5%

ROE before Exceptional Items (%)

S$0.23

Total Dividend per Share

17.0GW

Renewables Capacity**

* EBITDA (earnings before interest, tax, depreciation and amortisation) excludes major non-cash items such as the effects of fair value adjustments, remeasurements, impairments and write-offs. Adjusted EBITDA = reported EBITDA + share of results of associates and JVs, net of tax. 

** Total gross renewables capacity as at February 27, 2025, including acquisitions pending completion

View our FY2024 Financial Highlights