AnnAik FY2025 net profit attributable to owners falls to SGD 0.52 million (73.4%)

Reuters
Feb 27
AnnAik FY2025 net profit attributable to owners falls to SGD 0.52 million (73.4%)

AnnAik posted FY2025 revenue of SGD 36.0 million (down 24.4%) and gross profit of SGD 11.7 million (down 21.7%), according to its results for the year ended 31 December 2025. Profit before tax was SGD 2.0 million (down 56.6%) and profit after tax was SGD 1.0 million (down 73.4%); net loss attributable to shareholders was SGD 0.52 million, with basic and diluted EPS of -0.18 cents. The group ended FY2025 with cash and cash equivalents of SGD 12.5 million, total assets of SGD 111.3 million and total equity of SGD 80.0 million, while total borrowings were SGD 18.7 million. For 2H2025, revenue was SGD 16.3 million (down 39.1%) and profit before tax was SGD 0.01 million; the group recorded a loss after tax of SGD 0.5 million and EPS was -0.37 cents. Management said the FY2025 outcome reflected fewer project sales and continued pricing pressure in the steel distribution and flange manufacturing businesses, while the environmental business provided stability. The board proposed a first and final one-tier tax-exempt dividend of 0.3 Singapore cent per share (payable date to be announced). Corporate updates included the start of a trial run for a new Malaysia business via Shinsei Energy Sdn. Bhd., and the incorporation of a PRC subsidiary, ChangXing XinYi Wastewater Treatment Co., Ltd., to build and operate a reclaimed water plant under a build-own-operate model.

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. AnnAik Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: YGQ012YA18GZHXIH) on February 27, 2026, and is solely responsible for the information contained therein.

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