Yeo Hiap Seng net profit rises to $21.1m in FY2025
Revenue falls 11% year-on-year.
Yeo Hiap Seng Limited reported net profit of $21.1m for the year ended 31 December 2025 (FY2025), up from $6.9m a year earlier.
Net profit increased even as revenue fell 11.0% year-on-year to $292.4m from $328.6m, according to a filing.
Core Yeo’s food and beverage revenue fell 7.8% to $276.1m amidst weaker consumer spending and intensified competition across key markets.
Gross profit also fell to $92.1m from $109m whilst gross margin narrowed 1.7 percentage points to 31.5% due to lower production volume.
Other gains totalled $45.3m during the year, mainly due to a 50-year land lease extension for its Guangzhou property until 2075.
Earnings per share rose to 3.38 cents from 1.11 cents, and net margin improved to 7.2% from 2.1%.
The board proposed a final dividend of two cents per share for FY2025.