HPC Holdings Ltd. Reports 35% Increase in Revenue and Significant Rise in Net Profit for Six Months Ended April 2025; EPS Up to 1.96 Singapore Cents

Reuters
Jun 30
HPC Holdings Ltd. Reports 35% Increase in Revenue and Significant Rise in Net Profit for Six Months Ended April 2025; EPS Up to 1.96 Singapore Cents

HPC Holdings Ltd. has announced its interim results for the six months ended 30 April 2025. The company reported a significant increase in revenue, reaching $117.6 million, compared to $86.9 million in the same period last year. This marks an increase of approximately $30.7 million year-on-year. The gross profit also saw a substantial rise, amounting to $7 million compared to $3.2 million in the previous year. The net profit for the period experienced a notable growth, with a profit before tax of $31.8 million, up from $1.4 million in the prior year. Following tax expenses, the total comprehensive income for the period stood at $31.3 million, a significant increase from the $644,000 recorded in the corresponding period of 2024. Earnings per share also reflected this positive trend, with basic and diluted earnings per share both reported at 1.96 Singapore cents, compared to 0.04 Singapore cents last year. The company's cash and cash equivalents at the end of the period increased to $51.9 million from $42.5 million at the end of the previous period, highlighting a positive cash flow trend. As of the announcement date, Mr. Wang Yingde serves as the Chairman and CEO of HPC Holdings Ltd., with Mr. Shi Jianhua as an executive director, and Mr. Leung Wai Yip, Mr. Gng Hoon Liang, and Ms. Chen Liping serving as independent non-executive directors. The company has not provided any specific outlook or guidance for future periods in this announcement.

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