The Group reported revenue of 605.7 million Singapore dollars for the financial year ended Dec, 31 2025, an increase of 13.8 % from 532.0 million Singapore dollars in FY24.

EBITDA climbed 20.1 % to 96.4 million Singapore dollars, while net profit attributable to shareholders rose 8.3 % to 76.7 million Singapore dollars. Earnings per share improved to 14.3 cents from 13.2 cents a year earlier.

The Board proposed a total dividend of 8.05 Singapore cents a share, comprising a 1.50-cent interim dividend, a 4.40-cent special dividend and a 2.15-cent final dividend. This compares with 7.80 cents declared for FY24.

On the balance-sheet side, total assets stood at 1.0717 billion Singapore dollars as at Dec, 31 2025, up 11.8 % from the previous year. Cash amounted to 350.2 million Singapore dollars, while total debt including lease liabilities increased to 337.4 million Singapore dollars, resulting in a gearing ratio of 0.54 times. Net asset value per share rose to 115.9 cents from 108.3 cents.

Management said the Group operated 102 vessels during the year, handling 2.062 million twenty-foot equivalent units, and continued to expand its bulk, tanker and logistics services.