Financial Results

Results at a glance and
financial statements

Results at a Glance

Financial Year End 31 Dec (SGD’000)
FY2021 FY2022 FY2023 FY2024 FY2025
Profit and Loss Statement
Revenue 133,328 179,011 105,607 79,903 119,858
Profit before tax 22,538 33,902 28,998 28,252 39,618
Profit attributable to equity holders of the Company 14,818 20,116 12,937 10,302 24,829
Earnings per share (cents) 3.2914.4712.8712.1714.971
Balance Sheet (as at 31 Dec)
Non-current assets 40,674 63,312 83,903 151,282 171,967
Current assets 32,168 49,337 36,933 31,481 111,857
Non-current liabilities 2,780 2,529 2,889 7,027 17,822
Current liabilities 14,285 32,770 18,044 43,732 41,205
Net assets value (NAV) attributable to equity holders of the Company 37,089 51,786 61,074 65,095 151,780
NAV per share (cents) 8.24211.51213.57213.02230.362
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1  Calculated based on the profit attributable to the equity holders of the Company over weighted average number of ordinary shares in issue of 475,546,448 and 500,000,000 in FY2024 and FY2025,respectively. The comparatives from FY2020 to FY2023 were adjusted retrospectively based on the weighted average number of 450,000,000 shares as a result of the 1 share to 5 shares split completed on 20 May 2024 (“Share Split”).

2 Calculated based on the net asset value attributable to equity holders of the Company divided by the total number of issued shares of 500,000,000 as at 31 December 2024 and 31 December 2025. The comparatives from 31 December 2020 to 31 December 2023 were adjusted retrospectively based on 450,000,000 shares as a result of the  Share Split.

Financial Statements

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