Mooreast reported FY2025 net profit after tax of SGD 3.6 million, with revenue up 53% to SGD 38.3 million and gross profit up 72% to SGD 17.2 million. FY2025 gross profit margin improved to 45% from 40%, while profit before tax was SGD 4.7 million. FY2025 basic earnings per share were 1.41 Singapore cents, and operating cash flow improved to SGD 9.4 million; cash and cash equivalents were SGD 18.2 million as at 31 December 2025. For 2HFY2025, revenue rose 15% to SGD 13.1 million and gross profit increased 28% to SGD 6.3 million, with gross profit margin at 48%; profit after tax was SGD 0.1 million. Mooreast said FY2025 revenue growth was driven by higher contributions from its Mooring and Yard divisions, with Mooring division revenue more than tripling to SGD 22.9 million on completion of several high-value projects, while Yard revenue rose 7% to SGD 7.8 million. Subsequent to year-end, the company received JTC approval to proceed with the acquisition of 60 Shipyard Crescent in Singapore to expand capacity alongside its existing yard, and announced a collaboration with Sime Darby Joy Industries to explore offshore and renewable energy opportunities in Malaysia.

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. Mooreast Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: XF09J6KN1TW3O4ZB) on February 24, 2026, and is solely responsible for the information contained therein.