Sen Yue Holdings reverses loss in H1 2025

It was due to higher revenues.

Sen Yue Holdings reported a $954,000 net profit for the first half of the year, a turnaround from a net loss of $10.6m in H1 2024 due to higher revenue.

The group’s revenue increased to $16.32m, or 115% higher year-on-year.

It was primarily driven by higher revenue from the Resources Recovery and ED Coating segments, marginally offset by the lower revenue from the Metal Components segment.

The increase in the Resources Recovery segment to $23.23m was driven by the expanded collection and processing capacity of the group.

Meanwhile, the growth in ED Coating revenue to $6.87m was mainly due to general improvement in market conditions for both the ED coating service and hot dip galvanising service.

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