Grandshores Technology Group Ltd. Reports 37.6% Increase in Revenue for FY 2025, Driven by Integrated Building Services

Reuters
30 Jun
Grandshores Technology Group Ltd. Reports 37.6% Increase in Revenue for FY 2025, Driven by Integrated Building Services

Grandshores Technology Group Ltd. has released its annual results, reporting a significant increase in revenue for the year ended March 31, 2025. The Group's revenue from contracts with customers rose to S$105.9 million, up from S$76.9 million in the previous year. This increase was driven by notable growth in Integrated Building Services, which generated S$70.1 million compared to S$56.1 million in the prior year, and Building Construction Works, which increased to S$35.7 million from S$20.8 million. Additionally, the Information Technology Development and Application sector contributed S$79,345 in revenue, up from S$32,991 the previous year. Income from other sources in the Information Technology Development and Application sector amounted to S$3.9 million, although this was a decline from S$7.6 million in the previous period. The company did not provide specific outlook or guidance within the results announcement.

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