Link: https://links.sgx.com/1.0.0/corporate-announcements/EAG29XVTW4INGT8X/0a4c3720fd50e8b36a4381f3ebe4c09e847e04e0ad989b74a83647316171999b

Summary:

• Singapore Shipping Corporation Limited (SSC) released its condensed interim financial statements for the six months and financial year ended March 31, 2025.
• The company's principal activities include ship owning, ship management, shipping agency, terminal operations, warehousing, and logistics.
• Revenue for the financial year ended March 31, 2025, increased by 6.7% to US$48,554,000 (from US$45,492,000 in FY2024).
• Profit before tax for the financial year ended March 31, 2025, rose significantly by 24.6% to US$11,384,000 (from US$9,138,000 in FY2024).
• Profit for the financial year ended March 31, 2025, also increased by 24.6% to US$11,382,000 (from US$9,136,000 in FY2024).
• Basic and diluted earnings per share for the financial year ended March 31, 2025, were 2.8 US cents, up from 2.3 US cents in FY2024.
• Total comprehensive income for the financial year ended March 31, 2025, increased by 19.4% to US$10,585,000 (from US$8,868,000 in FY2024).
• The Group's net assets stood at US$130,832,000 as at March 31, 2025, an increase from US$123,323,000 as at March 31, 2024.
• The company has two reportable segments: ship owning and agency and logistics.