Nam Lee Pressed Metal Industries (G0I) H2 2025 earnings summary

Executive summary

• FY2025 extended the prior-year turnaround, with profit after tax rising to S$24.8m from S$12.2m on higher revenue, improved margins and cost control.

• Net assets attributable to shareholders increased to S$187.1m from S$168.0m at 30 September 2024.

Financial highlights

• Revenue rose 15.7% to S$208.6m from S$180.3m, driven by higher sales volumes across key segments.

• Gross profit increased 48.5% to S$51.1m; improved capacity utilisation and product mix lifted gross margin.

• Operating profit reached S$31.7m versus S$17.1m; profit before tax was S$30.8m versus S$16.0m.

• Profit after tax was S$24.8m versus S$12.2m; basic and diluted EPS rose to 10.25 cents from 5.06 cents.

Outlook and guidance

• Outlook is cautiously optimistic: Singapore public institutional and housing projects are expected to support construction demand, while container shipping resilience and Singapore’s building sector underpin aluminium demand.

• Near-term priorities are disciplined execution, operational efficiency and margin sustainability amid inflation, geopolitical instability and global economic uncertainty.

• A final FY2025 dividend of 3.0 Singapore cents per ordinary share was proposed, subject to shareholder approval.