- Revenue from the integrated building services (“IBS”) business segment and rental income from investment property increased by 29.2% and 87.8% respectively, driving overall revenue growth of 8.7% in 1H2025 as compared to 1H2024

- Gross profit margins continued to improve, increasing by 3.6 percentage points to 13.0% in 1H2025 (1H2024: 9.4%) as majority of the contracts for the IBS business segment which were secured prior to the COVID-19 pandemic and had recorded lower gross profit margins had been completed over the past two years

- Corresponding to revenue growth and higher gross profit margins in 1H2025, gross profits surged by 50.5% to S$6.2 million in 1H2025

- Net profit increased 239.6% to S$2.7 million in 1H2025, which has surpassed the net profit of S$2.4 million in FY2024

- Net cash of S$8.6 million generated from operating activities in 1H2025, with strengthened balance sheet with total assets and total equity increasing to S$83.6 million and S$32.3 million respectively as at 30 June 2025

- Proposed interim dividend of 1.0 Singapore cent per share represents approximately 69.4% of the net profit attributable to shareholders in 1H2025 and marks the Company’s largest single dividend payout since its listing in 2022 

Commenting on the Group’s 1H2025 results, Alpina’s Executive Chairman and Chief Executive Officer, Mr. Low Siong Yong (刘常勇先生), said, “Building on the positive momentum from FY2024, we are pleased to start the new financial year on a strong footing, with increased profitability and resilient cash flow generation.

With the COVID-era projects now behind us, gross profit margins have improved, and our net profit in 1H2025 has already surpassed our full-year performance in FY2024—a clear indication of our continued progress.

These results also reflect the dedication and execution capabilities of our team. Looking ahead, we remain focused on delivering consistent performance, and creating long-term value for our stakeholders."

Mr. Low added, “Our strong performance in 1H2025 reinforces our confidence in the Group’s business model, and we are pleased to propose an interim dividend of 1.0 Singapore cent per share to reward shareholders. 

This represents approximately 69.4% of our net profit attributable to shareholders in 1H2025 and marks the Company’s largest single dividend payout since our listing in 2022."