Sanli Environmental posts FY2025 net profit of S$4.4 million on 31.5% revenue growth
Summary:
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Revenue: Grew 31.5% to S$122.7 million in FY2025 (FY2024: S$93.3 million), driven by higher revenue from both Engineering and Operations & Maintenance segments.
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Gross Profit: Rose to S$15.1 million, with a gross margin of 12.3% (FY2024: 14.7%) due to project mix and inflationary pressures.
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Net Profit: Increased 7.4% year-on-year to S$4.4 million (FY2024: S$4.1 million), despite cost pressures.
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Order Book: Strengthened to S$226.1 million as of 31 March 2025 (up from S$201.7 million a year earlier), with new contracts awarded in both PUB and industrial sectors.
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Balance Sheet: Cash and cash equivalents at S$24.3 million; net assets at S$40.6 million.
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Outlook: Management remains cautiously optimistic, supported by Singapore's continued focus on water infrastructure and sustainability.