LS 2 posts 6-month net profit attributable to shareholders of SGD 2.1 million up 112.9% in H2 FY2025

Reuters
02/28
LS 2 posts 6-month net profit attributable to shareholders of SGD 2.1 million up 112.9% in H2 FY2025

LS 2 posted higher earnings for FY2025 ended 31 December 2025, with revenue of SGD 71.8 million (+4.7%) and net profit of SGD 3.1 million (+23.2%). Profit before income tax was SGD 3.5 million (+24.5%), while basic and diluted EPS was 1.68 cents (+18.3%). Net asset value per share was 12.87 cents (as at 31 December 2025). For 2H FY2025 (six months ended 31 December 2025), revenue was SGD 37.4 million (+8.0%) and net profit attributable to shareholders was SGD 2.1 million (+112.9%), with EPS of 1.13 cents (+113.2%). The group said FY2025 revenue growth was mainly driven by contractual rate adjustments for certain public and private sector projects, partly offset by contract cessations. It highlighted ongoing cost pressures in the environmental services sector from progressive wage increases, foreign worker levy adjustments and manpower constraints, and noted potential efficiency gains from technology and Internet of Things solutions. No dividend was declared, with funds retained for working capital.

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. LS 2 Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: PMPN8XW31MZT5HW3) on February 28, 2026, and is solely responsible for the information contained therein.

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