SOLIS HOLDINGS (02227) Announces Fiscal 2025 Results: Profit Attributable to Owners Surges to S$11.94 Million

Stock News
Mar 30

SOLIS HOLDINGS (02227) has disclosed its annual results for the period ending December 31, 2025. The company reported revenue of S$18.485 million, representing a decrease of 7.2% compared to the previous year. However, profit attributable to owners surged to S$11.938 million, marking a significant increase of 1372% year-on-year. Basic earnings per share stood at 1.30 Singapore cents.

The decline in revenue during the period was primarily attributed to the near completion of public sector construction projects compared to the prior year, resulting in lower revenue recognition from these projects in the 2025 fiscal year. This decrease was partially offset by an increase in revenue from maintenance contracts.

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