Resources Global Development (RGD) reported FY2025 revenue of SGD 119.9 million (+50.0%), with profit before tax of SGD 25.3 million (-10.6%) and profit for the year of SGD 22.8 million (-12.5%). Net profit attributable to equity holders was SGD 12.5 million (+21.0%), while basic and diluted EPS was 2.49 Singapore cents (+14.7%). Total comprehensive income for FY2025 was SGD 97.1 million (more than 3x), driven by other comprehensive income of SGD 74.2 million, including a fair value gain of SGD 86.5 million on a quoted shares investment. Net asset value per share was 30.3 Singapore cents (FY2024: 13.0 Singapore cents). By segment, FY2025 Shipping Services revenue was SGD 60.4 million (-1.7%) and Coal Mining revenue was SGD 58.1 million (+240.0%), while Construction Services contributed SGD 1.3 million. RGD said it added 5 new sets of tugboats and barges in FY2025, lifting fleet carrying capacity by 14.5% to 316,000 dead weight tonnage, though shipping revenue was impacted by softer freight rates and longer turnaround times due to congestion. Coal Mining growth was attributed to a ramp-up at the TRIOP mine, with production expanding more than 300.0% to about 1.1 million tonnes in FY2025. RGD also highlighted a one-off gain on disposal of quoted shares of SGD 4.4 million in FY2025 related to the disposal of a 15.0% equity interest in PT Singaraja Putra Tbk (PT SINI), after which its remaining 16.22% interest was reclassified as a financial asset at fair value through other comprehensive income. Subsequent to year-end, RGD disclosed that on 21 January 2026 a subsidiary disposed of 3.5 million PT SINI shares (about 0.73% of PT SINI), reducing its stake from 16.22% (as at 31 December 2025) to 15.49%.
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. Resources Global Development Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 8UGPGADK172F2FS6) on February 27, 2026, and is solely responsible for the information contained therein.