The Hour Glass profit falls 14% to $136.1m in FY2025

It was mainly due to higher operating costs caused by inflation.

The Hour Glass reported a 14% decline in profit after tax for FY2025, falling to $136.1m, despite a 3% increase in revenue to $1.16b.

The profit drop was mainly due to higher operating costs caused by inflation, including increased rents, wages, and a fair value adjustment on investment properties.

Group Managing Director Michael Tay said the company faced tougher competition and rising expenses but managed to grow revenue and stay profitable through strong brand partnerships and digital investments.

The board declared a final dividend of $0.04 per share, adding to the interim dividend of $0.02.

Looking ahead, The Hour Glass expects continued market challenges but aims to maintain profitability in FY2026.

The people you want to reach are already in this room.

Every quarter, SBR lands on the desks of the founders, CFOs, and directors running Asia's most consequential companies. Every day, they open our newsletter and read our website. It's a room that took twenty years to build — and it's the one most of our partners are trying to get into.

The good news is that the door is open. We work with companies on thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. The shape of the right partnership depends on what you're trying to do, which is why we'd rather start with a conversation than send a rate card.

If you have something this room should know about, tell us. We'll tell you honestly whether we can help, and how.

No rate cards until we understand the brief. It's a better use of everyone's time.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia