In 2023, the Group maintained focus on executing its strategic plan and delivered a robust performance.

FY2023 Results Highlights

S$7,042m

Turnover

S$1,789m

EBITDA*

S$1,018m

Net Profit before Exceptional Items

23.8%

ROE before Exceptional Items (%)**

13.8GW

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 

** Group ROE is calculated as FY23 net profit from continuing operations with relevant EI adjustments, divided by average shareholder fund 

*** Total gross renewables capacity as at February 20, 2024, including an acquisition pending completion