Reports FY25 revenue $8.445M vs $9.394M last year. Lim Chwee Poh, Executive Director and Chief Executive Officer, stated: “Fiscal year 2025 presented challenges from subdued demand and cost pressures in our core markets, particularly Singapore. Despite the revenue decline and resulting net loss, we achieved meaningful progress through our IPO, which strengthened our balance sheet and positioned us for strategic growth. Our focus remains on enhancing operational efficiency, diversifying procurement to mitigate cost volatility, and expanding recycled materials services to align with sustainability trends. We are optimistic about recovering demand in fiscal year 2026 as industrial sectors stabilize.”
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