Link: https://links.sgx.com/1.0.0/corporate-announcements/LB3718QOZTUXU0EM/9005e3a38fb3438474b954b3d70f760f243cd5698beabc644824b883a52f198d

Summary:

• FY2025 revenue grew 12.6% year-on-year to S$65.2 million; net profit surged 54.2% to S$12.4 million on improved operational efficiency and disciplined execution.

• The company completed a planned CEO transition, with founder Christopher Reid Borch now Executive Chairman and Kyle C. Borch appointed as CEO.

• Strong financial discipline—ended the year with S$23.3 million in cash, no bank borrowings, and continued exceeding formal dividend policy (proposing 6.0 cents/share, 67.3% payout ratio).

• Awarded Gold for Best Investor Relations and ranked 30th among 467 SGX-listed firms in governance and transparency.

• ESG focus areas include Integrity and Governance, Operational Excellence, and High Performance Teams—priority on climate resilience, employee safety, and responsible business practices.

• No workplace fatalities, no confirmed corruption incidents, and nearly 40 governance awards since listing.

• Group-wide energy consumption, GHG emissions, water use, and waste managed with continuous improvement; diversity and training data highlights commitment to workforce growth and inclusion.

• Board and Sustainability Committee oversee robust governance and climate risk strategies, with evolving ESG goals and forthcoming disclosures.links.sgx