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09 May 2025
Amplefield Limited's 1H 2025 Turnaround: Profit Jumps Significantly Despite Revenue Challenge, Reflecting Mixed Segment Strength
Summary:
- Amplefield Limited reported a significant 90.3% increase in profit before tax, reaching S$626,000 for the first half of 2025.
- This profit increase occurred despite a 46.5% decrease in revenue to S$4.044 million.
- Basic Earnings Per Share increased to 0.047 cents per share for the period.
- Segmental performance was mixed, with operating profits from the facility provider and rental, and manufacturing segments, contrasted by an operating loss from property development and construction.
- Net cash used in operating activities was S$64,000, a notable change compared to net cash generated in the prior year period.