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Chasen reverses into $33.2 mil earnings for FY2025 mainly from operations and divestment of CZ Group

Felicia Tan
Felicia Tan • 3 min read
Chasen reverses into $33.2 mil earnings for FY2025 mainly from operations and divestment of CZ Group
Looking ahead, the group says it remains “cautiously optimistic” with its specialist relocation segment “well positioned” to benefit from the semiconductor industry. Photo: Chasen Holdings
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Chasen Holdings has reported earnings of $33.2 million for the FY2025 ended March 31, reversing from its loss of $6.6 million in FY2024.

Earnings per share (EPS) stood at 8.95 cents on a fully diluted basis.

This year’s bottomline was mainly propped up by the operations and divestment of CZ Group, which was sold to Kuehne + Nagel (Asia Pacific) Holding Pte. Ltd. in July 2024. The divestment resulted in a gain on disposal of $45.1 million, bringing earnings attributable to discontinued operations to $46.3 million.

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