AP Oil reported FY2025 revenue of SGD 56.8 million (+4%) and profit after tax of SGD 1.6 million (-23%), with profit before tax at SGD 1.8 million (-17%). FY2025 gross profit was SGD 9.4 million (-4%), while basic and diluted EPS was 0.96 Singapore cents (-23%). Cash and cash equivalents ended FY2025 at SGD 27.0 million (+3%), and net asset value per share was 35.08 Singapore cents (-2%). A final dividend of 0.50 Singapore cent per share (1-tier tax exempt) was proposed, payable on 26 May 2026 subject to shareholder approval. For 2H2025, revenue was SGD 29.5 million (+9%) and profit after tax was SGD 0.8 million (-38%), with profit before tax of SGD 0.9 million (-28%). Management said the 2H2025 and FY2025 revenue increase was driven by higher Trading revenue (+57% in 2H2025; +27% in FY2025) offset by lower Manufacturing revenue (-8% in 2H2025; -6% in FY2025), which also contributed to lower gross profit as Manufacturing carries higher gross margins. The company highlighted an uncertain backdrop from tariffs and geopolitical instability, while stating it remains cautiously optimistic given its balance sheet and continued focus on risk management, organic growth and potential strategic investments.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. AP Oil International Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: O32WIUALROWF7KSK) on February 26, 2026, and is solely responsible for the information contained therein.