Sing Holdings Forecasts Substantial Increase in Net Profit in H2 2025; Shares Surge 8%

MT Newswires

01/23

Sing Holdings (SGX:5IC) is expecting to book a "substantial increase" in its consolidated net profit for the first half of the year ended Dec. 31, 2025, according to a Friday filing with the Singapore Exchange.

The company attributed this to recognition of revenue from the completion of a property in North Gaia, Singapore, and will release its financial statements on or around Feb. 24.

Shares of the construction and property development firm surged nearly 8% in Friday trading.

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