Oceanus reduces FY2023 losses as turnover hits new high

Oceanus Group has reduced its losses in FY2023 over the preceding year, as its turnover further increased.

For the year ended December 2023, the company, whose main business is in foodstuffs distribution, reported a loss of $3.37 million, reduced from $11.7 million recorded for FY2022.
Revenue, driven by a higher level of trading volume, increased by 45% y-o-y to a record $340.4 million.

Read More: https://www.theedgesingapore.com/capital/results/oceanus-reduces-fy2023-losses-turnover-hits-new-high?fbclid=IwAR32v5dD0ThWaOu5jIw6JtdakxZScGRAMn_1IQ_AihxJdJD9lbwWJr_w880

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