Seatrium Ltd's stock surged 4.07% during pre-market trading on Thursday, following the release of its impressive FY2025 financial results.
The company reported that its FY2025 gross profit tripled to SGD 848 million, representing a 192% increase. Net profit reached SGD 324.0 million, more than doubling from the previous year, while revenue rose 24% to SGD 11.5 billion. The strong performance was attributed to disciplined project execution, margin expansion, improved operating leverage, and cost discipline following divestment of non-core assets.
Seatrium also reported positive free cash flow of SGD 145.0 million and maintained a robust net order book of SGD 17.8 billion with visibility through to 2033. The board proposed a final dividend of 3.0 cents per share and plans to continue its share buyback program, further enhancing shareholder returns.