Choo Chiang FY2025 other operating income drops 67.2% to SGD 1.07 million

Reuters
02/23
Choo Chiang FY2025 other operating income drops 67.2% to SGD 1.07 million

Choo Chiang reported FY2025 revenue of SGD 93.08 million (+3.9%) and profit attributable to owners of the company of SGD 9.52 million (-19.3%). Profit before income tax was SGD 11.48 million (-16.9%), while basic EPS was 4.58 Singapore cents (from 5.68 Singapore cents). The company ended FY2025 with cash and cash equivalents of SGD 37.18 million and net asset value of SGD 73.19 million, or 35.25 Singapore cents per share. By segment, FY2025 sales of goods were SGD 92.51 million and rental income was SGD 0.57 million. Management said the revenue increase was driven by higher sales volume from promotions, while other operating income fell to SGD 1.07 million (-67.2%) mainly due to the absence of prior-year gains and impairment reversals and lower interest income. The group also noted a completed development at Food Ascent (Temporary Occupation Permit obtained on 15 October 2025) and said it has acquired five units there, bringing total investment properties held for rental income to 14 units as at the announcement date. Separately, a freehold commercial property at 421 Tagore Industrial Avenue #01-23 was classified as held-for-sale as at 31 December 2025, with the sale completed on 12 February 2026. Choo Chiang recommended a final dividend of 1.5 Singapore cents per share, in addition to the interim dividend of 1.1 Singapore cents per share paid on 3 September 2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Choo Chiang Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: S9Z0F4Y2NJHC2GX9) on February 23, 2026, and is solely responsible for the information contained therein.

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