Back 13 May 2025

BRC Asia Limited Delivers Strong 1H FY2025 Profit: Profitability Climbs, Order Book Solid, Backed by Resilient Construction Sector

Link: https://links.sgx.com/1.0.0/corporate-announcements/E3S1M2NGTWFGMYAK/ae5770855158cdb03188c16365884db8f4917e4db1ea3d8489d146abe9b3beef

Summary:

  • BRC Asia Limited reported a 9% year-on-year increase in net profit attributable to shareholders, reaching S$42.1 million for the first half of FY2025.
  • Earnings per share also rose by 9% to 15.33 Singapore cents.
  • Revenue declined by 6% year-on-year to S$715.6 million, mainly attributed to lower steel prices, although delivery tonnage remained stable.
  • The company maintains a robust sales order book valued at S$1.5 billion as of 31 March 2025, providing strong revenue visibility.
  • The Board is proposing an interim dividend of 6 Singapore cents per ordinary share, reflecting confidence backed by the resilience and strong demand forecast for Singapore's construction sector.