Back 09 May 2025

Amplefield Limited's 1H 2025 Turnaround: Profit Jumps Significantly Despite Revenue Challenge, Reflecting Mixed Segment Strength

Link: https://links.sgx.com/1.0.0/corporate-announcements/X0JEQ0YMSN0E3PGD/c932de9fd3527c90f0de19f5112e21e2c1ccfbe744abbeb07ef7ee3fcb1ffdc8

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.