Pasture Holdings posts $675k net profit for H1 2025

It has rebounded from a loss of $270k in the same period last year.

Pasture Holdings reported a net profit of $675k (US$500k) for H1 2025, reversing a net loss of $270k (US$200k) in the same period last year, according to a bourse filing.

Revenue increased 25.2% year-on-year (YoY) to $9.7m (US$7.2m) for H1 2025.

The pharmaceutical wholesale and drop-shipment segment grew by 23.5% YoY to $9.3m (US$6.9m), supported by expanding orders from Canada and Hong Kong.

The mask and medical supplies business continued its recovery, growing 55.6% YoY to $265k (US$196k) in H1 2025.

Moreover, gross profit surged by 60.5% YoY to $2.7m (US$2m), with margins reaching 28%, representing a YoY increase of 6.2 percentage points.

The margin expansion can be attributed to higher revenue and operational efficiencies resulting from a larger sales volume.

($1 = US$0.74)