CH Offshore reported a FY2025 net loss after tax of USD 0.99 million, versus a profit in FY2024, as revenue fell 20.6% to USD 20.83 million. The company posted a FY2025 loss before tax of USD 0.67 million, with basic and fully diluted EPS at a loss of 0.14 US cents. For 2H2025, CH Offshore recorded revenue of USD 10.01 million (down 12.3%) and a net loss after tax of USD 2.03 million, including a USD 1.50 million impairment loss on a vessel. The group said FY2025 performance was affected by lower vessel utilisation (47% vs 54%) and lower revenue from third-party chartered vessels, with one vessel unavailable due to drydocking; it also noted ongoing enforcement proceedings related to an arbitration award, with legal counsel advising in early 2026 that proceedings could take another one to two years. Cash and cash equivalents rose to USD 19.09 million at 31 December 2025, and shareholders’ equity increased to USD 49.75 million following net proceeds of S$13.89 million from a rights issue, which had not been utilised as at the announcement date.

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. CH Offshore Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 9LUD5OREHO9WDMLM) on February 27, 2026, and is solely responsible for the information contained therein.