GUAN CHAO HLDGS (01872) announced its interim results for 2025, reporting revenue of approximately S$140 million, representing a year-on-year increase of 74.88%. The company recorded a loss attributable to equity holders of S$3.41 million, marking a swing from profit to loss compared to the same period last year. Loss per share stood at 0.65 Singapore cents.
According to the announcement, the revenue growth was primarily driven by an increase in automotive sales of approximately S$59.3 million, or 80.9%. The shift from profit to loss was mainly attributed to increased selling and distribution expenses of approximately S$1.9 million and higher general and administrative expenses of approximately S$5.1 million, which were partially offset by an increase in gross profit of approximately S$4.6 million.