Back
09 May 2025
GDS Global Limited's Strong 1H 2025 Turnaround: Profitability Restored on Surge in Revenue and Project Sales
Summary:
- GDS Global Limited achieved a marginal net profit of S$0.01 million for the six months ended 31 March 2025, a significant improvement from the S$0.99 million net loss in the previous corresponding period.
- Revenue for the period more than doubled, increasing to S$11.13 million, primarily driven by higher sales in the door and shutter systems segment from completed projects and export sales.
- Gross profit rose to S$4.05 million, with the gross profit margin improving to approximately 36%.
- The company aims to sustain its growth momentum by actively pursuing more projects both locally and overseas, and increasing export sales.
- While focusing on growth, the Group anticipates challenges in the doors and shutters and trading of production components segments due to global trade tensions and supply chain pressures.