Vicplas International posts $2.4m net loss in FY2025

The group’s loss per share was $0.0046.

Vicplas International reported a net loss of $2.4m in FY2025, mainly due to weaker earnings from its pipes and fittings segment and higher finance costs.

However, the group’s revenue increased by 13.1% year on year (YoY) to $115.8m from $102.4m in FY2024.

Revenue for the medical devices segment was up 22.3% to $77.2m, due to an increase in orders as customers adjusted post-pandemic inventory holdings.

The pipes and fittings segment recorded a slight decrease in revenue of 1.7% to $38.6m as the group tightened credit risk controls and adjusted prices in line with lower raw material costs.

Adjusted EBITDA increased by 16.2% to $8.5m.

The group’s loss per share was $0.0046.

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