Exceptional items stood at a $7.7 million loss, down from the exceptional gain of $1.9 million in the year before. The loss was largely attributable to a fair value charge of $21.7 million arising from a higher put option redemption liability on FMH as a result of a higher valuation of the company. This was partly offset by fair value gain on investment properties of $18.6 million. The exceptional gain of $16.3 million in the 2HFY2023 was largely due to the fair value gain on investment properties.
SingPost reports FY2023 earnings of $24.7 mil, 70.3% lower y-o-y despite record revenue
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