Yeo Hiap Seng’s net profit falls by 50% YoY to $1.6m in H1
Group revenue declines by 10.1% to $148.6m in the same period.
Yeo Hiap Seng Limited reported a net profit of $1.6m in the first half of 2025 (H1 2025), 50% lower compared to the $3.2m recorded in the same period last year.
Group revenue for H1 2025 decreased by 10.1% to $148.6m from $165.3m the previous year.
In their bourse filing, the group reported Core Yeo’s F&B sales fell by 7.6% to $140.5m, mainly due to earlier Chinese New Year shipment recognised in the prior calendar year and lower Hari Raya sales due to subdued consumer demand.
The absence of Oatly co-packing revenue of $5.6m also contributed to the decline.