Wong Fong FY2025 profit before tax rises 33% to SGD 5.9 million

Reuters
02/27
Wong Fong FY2025 profit before tax rises 33% to SGD 5.9 million

Wong Fong reported FY2025 revenue of SGD 76.5 million (+16.5%) and profit for the year of SGD 5.2 million (+32.7%), with profit attributable to owners of SGD 4.8 million (+33.3%). Profit before tax was SGD 5.9 million (+33.0%). Basic and diluted EPS was 2.05 cents for FY2025, and net asset value per share was 25.21 cents as at 31 December 2025. For 2H2025, revenue rose to SGD 48.0 million (+27.5%) and profit for the period was SGD 4.4 million (+26.2%), while profit attributable to owners was SGD 4.1 million (+26.5%). The group said FY2025 revenue growth was driven mainly by more project completions in its Engineering business and greater demand for industrial courses in Training. Cash and bank balances increased to SGD 24.4 million as at 31 December 2025. Wong Fong also disclosed that its property at 16 Tuas Avenue 6 has been reclassified as held for sale following the exercise of an option to purchase for SGD 9.5 million, with the disposal expected to result in a gain of approximately SGD 6.2 million upon completion. The company recommended a FY2025 final dividend of 1.00 cent per share and a special dividend of 0.20 cent per share, subject to shareholder approval at the 29 April 2026 AGM.

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. Wong Fong Industries Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: JFM63ARI2AJUTM2R) on February 27, 2026, and is solely responsible for the information contained therein.

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