ISDN HOLDINGS (01656) announced its financial results for the third quarter of 2025. Revenue reached approximately S$107 million, marking a 21.7% year-on-year increase. Gross profit stood at S$27.115 million, up 13.3% compared to the same period last year. Shareholders' net profit was S$2.29 million, reversing from a loss in the previous year.

For the first nine months of the year, revenue totaled around S$320 million, rising 21.9% year-on-year. Gross profit amounted to S$77.643 million, a 13.6% increase. However, shareholders' net profit declined by 2% to S$3.576 million.

The company attributed the drop in net profit for the nine-month period to a 58% growth in core profits being offset by significant non-recurring, non-cash, and non-operating foreign exchange revaluation factors. The appreciation of the Singapore dollar against trade currencies led to exchange losses on long-term energy contracts in ISDN's clean energy business.