Singamas Container (716) investor relations material

Executive summary

• Consolidated revenue for FY2025 was US$481.5 million, down 17% year-over-year from US$582.8 million in FY2024.

• Net profit attributable to owners was US$17.4 million, a 49% decrease from US$34.1 million in FY2024, impacted by a US$7.2 million fair value loss on investment properties.

• Basic earnings per share dropped to US0.73 cent from US1.43 cents in FY2024.

• Final dividend of HK2 cents per share proposed, with an interim dividend of HK3 cents already paid; payout ratio at 88% for FY2025.

• Total comprehensive income was US$23.1 million, compared to US$32.4 million in 2024.

Financial highlights

• Gross profit for FY2025 was US$70.8 million, down from US$92.8 million in FY2024.

• Profit before taxation was US$26.9 million, compared to US$52.9 million in FY2024.

• Net asset value per share was US23.30 cents as of 31 December 2025, slightly down from US23.47 cents a year earlier.

• Cash and cash equivalents at year-end were US$174.9 million, down from US$198.4 million.

• Net profit for the year was US$20.0 million, down from US$38.1 million.

Outlook and guidance

• Container production is forecast to decline to 3.6 million TEU in 2026, with pricing expected to rise 2.6% for 20ft standard dry freight containers.

• Demand for dry freight containers in 1H2026 is unpredictable due to geopolitical tensions and trade policies.

• Growth in ESS container demand anticipated due to energy transition trends.

• Focus remains on expanding customised container business and ESS container production.

• Management expects transformation to deliver more stable returns to shareholders.