Back 13 May 2025

NAM LEE PRESSED METAL INDUSTRIES LIMITED Kicks Off FY2025 Strong: Revenue and Profitability Surge, Industry Outlook Positive

Link: https://links.sgx.com/1.0.0/corporate-announcements/P7QVSADH9S90NTXG/8ebb8d44278cceab34322a288a4513ac4637f3433f217b7244a074a3b99af276

Summary:

  • NAM LEE PRESSED METAL INDUSTRIES LIMITED reported a 26.9% increase in revenue, reaching S$99.541 million for the first half year ended 31 March 2025.
  • Profit for the period attributable to the owners of the company increased significantly by 353.3% to S$11.668 million.
  • Total comprehensive income for the period attributable to owners of the Company also saw a substantial increase of 543.7% to S$10.087 million.
  • The company operates in an industry with a positive outlook, supported by projections for strong construction demand in Singapore for 2025.
  • No dividend was declared or recommended for this reporting period, based on the grounds of prudency.