Summary:

• Profit after tax surged to S$24.8 million in FY2025, up from S$12.2 million in FY2024, on the back of higher revenue, improved margins and disciplined cost control across core segments​

• Group revenue climbed 15.7% to S$208.6 million, with gross profit jumping 48.5% to S$51.1 million as capacity utilisation improved and product mix shifted toward higher-value aluminium and UPVC offerings​

• Net assets attributable to shareholders rose to S$187.1 million, total assets reached S$247.4 million and total liabilities fell to S$60.3 million, reflecting strong cash generation, loan repayments and a reinforced balance sheet​

• Operating cash flow increased to S$29.9 million, funding S$1.6 million of mainly maintenance capex and S$27.4 million of loan repayments and dividends, leaving year-end cash and fixed deposits at S$32.1 million​

• The aluminium segment remained the largest contributor with revenue of S$134.7 million, while mild steel and stainless steel rose to S$38.1 million and UPVC sales jumped to S$35.7 million, supported by resilient Singapore public housing and infrastructure demand and container shipping orders​

• The board, citing a strengthened financial position and cautiously optimistic outlook, proposed a dividend of 3.0 Singapore cents per share for FY2025, subject to shareholder approval at the upcoming AGM​