METASURFACE (08637) Issues Profit Alert, Anticipates 2025 Profit to Rise to S$9.3 Million - S$11.3 Million

Stock News
Mar 10

METASURFACE (08637) announced that the Group expects to record a profit for the year and profit attributable to company owners of approximately S$9.3 million to S$11.3 million for the 2025 fiscal year. This compares to a profit for the year and profit attributable to company owners of approximately S$3.2 million for the 2024 fiscal year.

Based on currently available information, the anticipated increase in annual profit is primarily attributable to the following factors: (i) increased demand from the semiconductor industry supply chain for the Group's precision machining and precision welding products and services, leading to higher revenue and gross profit; (ii) the absence of listing expenses during the period; and (iii) a revaluation gain resulting from the reclassification of an associate company as an investment measured at fair value through other comprehensive income during the 2025 fiscal year.

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