Credit Bureau Asia Reports 2% Revenue Growth and 8% Dip in Profit for 1H 2025; Declares 2.0 Cent Interim Dividend
Link: https://links.sgx.com/1.0.0/corporate-announcements/LFIT2856PPXJROTS/eb575f7b39b6511c36ca29e4876067ddf291f2a9d191726a4f5ec3a7a93b156d
Summary:
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Revenue: S$30.2 million (up 2% or S$640,000 vs 1H 2024)
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Net profit before tax: S$15.4 million (down 3% or S$493,000)
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Profit after tax and minority interest (PATMI): S$5.4 million (down 8% or S$472,000)
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Net profit margin: Remains strong at over 50%
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Interim dividend: 2.0 Singapore cents per share (unchanged from previous period)
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FI Data business: Revenue up 8%, NPBT up 6%; Credit Bureau Singapore leads, Credit Bureau Cambodia faces headwinds due to US tariff impact on lending
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Non-FI Data business: Revenue down 2%, NPBT down 11% on weaker demand and cautious economic outlook
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Outlook: Group remains profitable and resilient despite US trade-related uncertainties and regional challenges; management is focused on maintaining margins and dividends.