Huationg Global Limited posted a net profit of S$19.8 million for the year ended 31 Dec 2025, up 21.1 per cent year-on-year, as robust civil-engineering activity lifted the construction services provider’s top line.

Revenue climbed 32.0 per cent to S$298.8 million, translating into basic earnings per share of 10.80 Singapore cents, compared with 9.23 cents a year earlier. The board declared a one-tier tax-exempt final dividend of 1.0 cent per share, bringing the full-year payout to 1.5 cents versus 1.1 cents in FY2024; payment and book-closure dates will be announced later.

Civil-engineering contract works remained the growth engine, with segment revenue jumping 66.6 per cent year-on-year to S$279.3 million and pre-tax earnings more than doubling to S$21.3 million. Inland logistics support contributed S$16.1 million of revenue and S$2.0 million of segment profit, while construction-materials sales generated S$3.4 million of turnover and S$0.4 million of profit. Dormitory operations ceased following contract expiry in August 2024, removing S$33.6 million of revenue recorded in the prior year.

The gross margin narrowed to 16.5 per cent from 18.2 per cent as materials, subcontracting and manpower costs rose in tandem with project volume. Administrative expenses increased 13.3 per cent to S$22.7 million, reflecting higher staff costs, while finance costs fell 8.3 per cent to S$2.7 million amid lower borrowing rates.

Cash generated from operations totalled S$34.6 million, funding S$24.7 million of capital expenditure on plant and equipment to support a larger order book. Net gearing remained muted, with cash and cash equivalents rising to S$124.6 million.

Looking ahead, the company cited the Building and Construction Authority’s projection of steady national construction demand of S$47 billion–S$53 billion in 2026 and an average S$39 billion–S$46 billion annually from 2027 to 2030. Huationg Global’s secured order book stood at approximately S$535 million as at 31 Dec 2025, to be executed over the next three years.

In February 2026 the group raised net proceeds of about S$6.8 million via a placement of 11.8 million new shares at S$0.60 each, earmarking the funds for working capital. Management said it will continue to tender selectively for local infrastructure contracts and explore new business opportunities to sustain growth.