IFS Capital reported FY2025 profit before tax of SGD 8.74 million and net profit after tax of SGD 6.36 million (+71.5% YoY), with net operating income rising to SGD 38.65 million (+32.8% YoY). The board proposed a first and final one-tier tax-exempt dividend of 0.80 Singapore cents per share (+60% YoY), implying a dividend yield of 4.49% based on the share price as at 20 February 2026. In private credit, profit before tax was SGD 10.5 million in FY2025, with provisions for non-performing loans of SGD 4.2 million tied to SME clients in its Thailand portfolio; group lending assets rose to SGD 468 million (+4% YoY), supported by ARP portfolio growth of 12.5% and leasing portfolio growth of 39.5%, while the loan portfolio declined 2.4%. In asset management, IFS concluded its first fund with cumulative returns of 22.4% (annualized returns of approximately 5.5%) and launched the IFSAM Private Credit Income Fund, which was recognized as Singapore’s Fund Launch of the Year at the Asia Asset Management Best of the Best Awards. In insurance, losses narrowed to SGD 2.2 million from SGD 5.1 million as net earned premiums more than doubled and the portfolio loss ratio improved to 69% in FY2025 from 115% in FY2024. The group’s debt-to-equity ratio was 1.58x in FY2025.

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. IFS Capital Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: D3S54BUWOXJRFLFE) on February 27, 2026, and is solely responsible for the information contained therein.