ES Group reported a FY2025 net loss of SGD 3.1 million, versus a net profit in the prior year, as revenue fell 22.5% to SGD 28.0 million and gross profit declined 62.7% to SGD 3.0 million for the 12 months ended 31 December 2025. The company recorded a FY2025 loss attributable to owners of SGD 3.0 million, or a basic loss per share of 2.11 Singapore cents, while finance costs rose 73.7% to SGD 0.5 million. For 2H FY2025 (six months ended 31 December 2025), ES Group posted a net loss of SGD 2.5 million on revenue of SGD 13.8 million (down 26.6%), with gross profit of SGD 0.8 million (down 81.7%) and a basic loss per share of 1.67 Singapore cents. Management said the full-year revenue decline reflected weaker demand in the new building and repair segment amid prevailing market conditions, including uncertainty from U.S. tariffs and reduced contributions from key customers relocating their yards. In shipping, revenue was impacted by ES Jewel stopping operations for about 4.5 months due to a scheduled special survey and tank coating works as well as extended unplanned downtime from delayed spare parts deliveries, while ES Aspire was unavailable for close to one month for routine repair and maintenance.

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. ES Group (Holdings) Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: XXVVLMQ37TXCFM9O) on February 26, 2026, and is solely responsible for the information contained therein.