Ocean Sky FY2025 profit before tax rose to SGD 1.7 million (+363%)

Reuters
02/27
<a href="https://laohu8.com/S/1B6.SI">Ocean</a> Sky FY2025 profit before tax rose to SGD 1.7 million (+363%)

Ocean Sky reported FY2025 revenue of SGD 38.56 million (+27.1%), its highest level in the last 10 years, with gross profit of SGD 6.56 million (+19.0%). Profit before tax was SGD 1.65 million (up 4.6x) and profit after tax was SGD 1.53 million, reversing a prior-year loss, while basic EPS was 0.36 Singapore cents. The group ended FY2025 with cash and cash equivalents of SGD 16.93 million and net assets of SGD 42.18 million; NAV per share was 9.81 Singapore cents and total bank borrowings were SGD 13.61 million. During the year, Ocean Sky secured about SGD 100 million of new projects scheduled for completion over one to four years, including an HDB civil infrastructure main contractor contract at Woodgrove, and said it will maintain selective project bidding and cost discipline amid elevated material and labour costs while taking a cautious approach in its property segment.

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. Ocean Sky International Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: Y76TOF26W37ENU71) on February 27, 2026, and is solely responsible for the information contained therein.

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