Back
13 May 2025
NAM LEE PRESSED METAL INDUSTRIES LIMITED Kicks Off FY2025 Strong: Revenue and Profitability Surge, Industry Outlook Positive
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.