Aspial's 2025 profit soars 172% as $84m retail engine offsets property slump
FY2025 profit rose to $58.8m, driven by its Lifestyle segment.
Aspial Corporation Ltd reported a profit after tax of $58.8m for the year ended 31 December 2025, compared with $21.6m in FY2024, according to its SGX filing.
The group’s Aspial Lifestyle business contributed profit after tax of $84.4m, offsetting a 39% decline in revenue from the Australian property portfolio, which fell to $45.7m from $75.1m in FY2024.
Earnings per share were 1.36 Singapore cents before distribution to perpetual securities holders, up from 0.55 cents in FY2024, and 0.97 cents after distribution, compared with 0.16 cents previously.
On the balance sheet, total equity increased to $544.0m from $514.4m in 2024, driven by higher non-controlling interests and revenue reserves, partially offset by a decrease in other reserves.