Financial Results

Results at a glance and
financial statements

Results at a Glance

Financial Year End 31 Dec (SGD’000)
FY2021FY2022FY2023FY2024FY2025
Profit and Loss Statement
Revenue133,328179,011105,60779,903119,858
Profit before tax22,53833,90228,99828,25239,618
Profit attributable to equity holders of the Company14,81820,11612,93710,30224,829
Earnings per share (cents)3.2914.4712.8712.1714.971
Balance Sheet (as at 31 Dec)
Non-current assets40,67463,31283,903151,282171,967
Current assets32,16849,33736,93331,481111,857
Non-current liabilities2,7802,5292,8897,02717,822
Current liabilities14,28532,77018,04443,73241,205
Net assets value (NAV) attributable to equity holders of the Company37,08951,78661,07465,095151,780
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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