Reclaims Global's Profit Jumps 64% in Fiscal H2; Shares Down 10%

MT Newswires

04/01

Reclaims Global's (SGX:NEX) net profit after tax rose 64% in the fiscal second half ended Jan. 31 to SG$4.4 million from SG$2.7 million a year earlier, according to a Tuesday filing with the Singapore Exchange.

Shares of the integrated services provider for the construction sector plunged nearly 10% in Wednesday trading.

Earnings per share rose to SG$0.0309 from SG$0.0204 in the year-ago period.

Revenue dropped 2.7% year over year to SG$24.8 million from SG$25.5 million.

The company declared final and special dividends of SG$0.005 each per share for 2025.

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