SUTL FY2025 interest income falls 31% to SGD 1.4m

Reuters
Feb 26
SUTL FY2025 interest income falls 31% to SGD 1.4m

SUTL reported FY2025 revenue of SGD 39.9 million (+1%) and profit after tax of SGD 8.3 million (-2%), with profit attributable to owners of SGD 8.4 million (-2%). Profit before tax was SGD 10.1 million (-7%). For 2H FY2025, total revenue was SGD 19.1 million (-1%) and profit after tax was SGD 4.0 million (+2%). Basic EPS for FY2025 was 9.42 cents (FY2024: 9.66 cents). The group proposed a final cash dividend of 5 cents per share for FY2025 (net of Singapore tax 17%), with the payment date to be announced. As at 31 December 2025, SUTL had cash and cash balances of SGD 34.1 million (FY2024: SGD 27.1 million) and other financial assets of SGD 35.4 million (FY2024: SGD 39.2 million). Net asset value per share was 83.14 Singapore cents (FY2024: 79.00 Singapore cents). Net cash generated from operating activities in FY2025 was SGD 8.8 million (FY2024: SGD 6.8 million). On corporate developments, SUTL said it entered into a put and call option on 30 December 2025 with Keppel Bay Pte Ltd to acquire the Marina at Keppel Bay assets for SGD 40.0 million. It also expects to complete its acquisition of a significant stake in the Phuket marina project in 2H 2026 following completion of the project’s Environmental Impact Assessment, and said its subsidiary has entered into a lease agreement for the Desaru site and has begun preparing it for operations.

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. SUTL Enterprise Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 2441W5ZB64IY1E4B) on February 26, 2026, and is solely responsible for the information contained therein.

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