TS Wonders Holding Ltd. Reports Lower Net Profit Margin and Gross Profit Margin for H1 2025; Revenue Rises, Net Profit Margin Falls to 6.2% from 12.2%

Reuters
Sep 29
TS Wonders Holding Ltd. Reports Lower Net Profit Margin and Gross Profit Margin for H1 2025; Revenue Rises, Net Profit Margin Falls to 6.2% from 12.2%

TS Wonders Holding Ltd. reported its 2025 interim results for the six months ended 30 June 2025. The Group recorded a decrease in gross profit margin to 26.1% compared to 27.3% for the same period in 2024. Profit before taxation margin declined to 8.9% from 15.1% in the prior-year period, while profit margin for the period decreased to 6.2% from 12.2%. The company attributed the lower gross profit margin primarily to an increase in the average cost of certain raw nuts, affecting the profitability of its core nut products. Other income fell to approximately S$0.4 million from S$0.5 million in the previous period, mainly due to reduced interest income resulting from fewer fixed deposit placements. Total equity as of 30 June 2025 was S$84.05 million, up from S$82.14 million at 31 December 2024. The Group's return on total assets declined to 2.3% from 6.8%, while return on equity decreased to 2.6% from 7.7%. The current ratio increased to 9.4 times as of 30 June 2025, compared to 7.5 times at year-end 2024. TS Wonders stated there were no significant events after the reporting period and no specific plans for major investments or capital assets as of 30 June 2025, apart from those disclosed in the report. The company's business remains focused on the production, packaging, and sale of nuts and chips, with no major operational changes highlighted in the report.

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