Hoe Leong posts 2H FY2025 other income of SGD 0.7 million up 365.8%

Reuters
02/27
Hoe Leong posts 2H FY2025 other income of SGD 0.7 million up 365.8%

Hoe Leong reported FY 2025 revenue of SGD 38.5 million (down 12.4%) and gross profit of SGD 9.6 million. Profit attributable to owners was SGD 0.5 million for FY 2025. The group said revenue fell mainly in Asian and North American markets, while gross margin improved on sales of new higher-margin stocks. For 2H 2025, revenue was SGD 17.6 million (down 24.7%) and profit attributable to owners was SGD 0.5 million. Finance costs for FY 2025 were SGD 0.5 million (down 10.2%). Net cash generated from operating activities in FY 2025 was SGD 4.6 million, and cash and cash equivalents ended the year at SGD 3.3 million. Hoe Leong said it closed its Clementi warehouse after the lease expired in Q2 as part of cost management, and noted its Australia division delivered strong performance driven by a shift toward a service-focused model and continued track frame solutions work. No dividend was declared for 2H 2025 to conserve cash for working capital.

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. Hoe Leong Corporation Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 56DCUIKIJDFCQ1PC) on February 27, 2026, and is solely responsible for the information contained therein.

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