InnoTek FY’25 net profit attributable to owners falls 65.6% to SGD 2.0 million

Reuters
Yesterday
InnoTek FY’25 net profit attributable to owners falls 65.6% to SGD 2.0 million

InnoTek said FY’25 revenue fell 11.8% to SGD 209.9 million, with gross profit down 21.6% to SGD 28.6 million and gross margin at 13.6%. Net profit attributable to owners declined 65.6% to SGD 2.0 million, and FY’25 EPS was 0.87 Singapore cents. For 2H’25, revenue decreased 7.8% to SGD 107.4 million and net profit attributable to owners fell 39.8% to SGD 1.6 million, with EPS at 0.69 Singapore cents. The company proposed a first and final dividend of 2.0 Singapore cents per share. The group said GPU server segment revenue rose to SGD 43.2 million in FY’25, supported by mass production of GPU server components starting in 4Q’25 after being approved as a recommended vendor for NVIDIA and IEIT Systems. It also cited softer sales in other segments amid U.S. trade tariffs, the October 2025 disposal of its 70%-owned Vietnam subsidiary, and plans to expand capacity in Thailand with a 15,772 sqm factory extension in Rayong expected to begin operations in 2Q’26, alongside exploring collaboration on liquid cooling systems.

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. InnoTek Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: F9MWQBFV01W9NV15) on February 26, 2026, and is solely responsible for the information contained therein.

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