Back 30 May 2025

SLC Reports Improved Profitability in 2H FY2025 Amid Revenue Growth

Link: https://links.sgx.com/1.0.0/corporate-announcements/8LZ9ZKZ3L9VW8UFJ/a73ede2d3d741e8ce5d44e666353a0865bcf76919ba1d1367ddd0b1addabc6d5

Summary:

  • Revenue Increase: SLC reported a 15% year-on-year increase in revenue for the second half of FY2025, reaching S$45 million, up from S$39 million in the same period of the previous year.

  • Net Profit Growth: Net profit rose to S$3.5 million in 2H FY2025, compared to S$2.8 million in 2H FY2024, reflecting improved operational efficiency and cost management.

  • Operating Expenses: Operating expenses remained stable at S$10 million, indicating effective cost control measures during the period.

  • Earnings Per Share: Earnings per share increased to 1.2 cents in 2H FY2025, up from 1.0 cent in the corresponding period of the previous year.

  • Balance Sheet Strength: Total assets grew to S$120 million as of 31 March 2025, from S$110 million at the end of FY2024, while total liabilities remained steady at S$60 million.

  • Cash Position: Cash and cash equivalents increased to S$25 million, up from S$20 million, enhancing the company's liquidity position.

  • Dividend Declaration: The company declared an interim dividend of 0.5 cents per share for 2H FY2025, consistent with the previous year's interim dividend.