iFAST Corporation's stock surged 3.27% during intraday trading on Friday, following the release of its robust financial results for the fiscal year 2025 and a significant dividend increase.
The company reported a 50.1% year-on-year jump in net profit to S$100.01 million, driven by the scaling-up of its Hong Kong ePension business, record net inflows into its core wealth-management platform, and the first full-year profit from iFAST Global Bank. Group revenue climbed 34.4% to S$514.72 million, while assets under administration expanded 27.9% to a record S$31.98 billion.
Investor sentiment was further bolstered by the board's proposal of a final dividend of 2.50 Singapore cents per share, a 56.3% increase from the previous year. The positive outlook, including targets for assets under administration to reach S$100 billion by 2030 and expectations of double-digit growth in its Hong Kong operations for 2026, contributed to the bullish movement in the stock price.