Helens International (HLS) expects FY 2025 profit despite lower revenue

SGX Filings
03/13

Helens International Holdings Company Limited (HLS) said it expects to post a profit attributable to owners of between about 2.9 million and 8.6 million Singapore dollars for the year ended Dec, 31 2025, reversing a loss of roughly 14.8 million Singapore dollars in FY 2024.

The company forecast FY 2025 revenue in a range of approximately 0.099 billion to 0.108 billion Singapore dollars, down from about 0.143 billion Singapore dollars a year earlier.

Adjusted net profit, a non-HKFRS measure, is projected to come in between about 12.4 million and 16.7 million Singapore dollars, compared with 12.4 million Singapore dollars in FY 2024.

Helens attributed the expected return to profitability mainly to lower asset-impairment and one-off bar-closure losses, operational improvements and cost reductions, partly offset by foreign-exchange losses.

The figures are based on preliminary unaudited management accounts; final results are due for release in Mar, 2026.

Shareholders and potential investors were advised to exercise caution when dealing in the company’s shares.

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