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Chasen’s profits in 1HFY2025 surge to $26.8 mil, up from $816,000 last year

Cherlyn Yeoh
Cherlyn Yeoh • 3 min read
Chasen’s profits in 1HFY2025 surge to $26.8 mil, up from $816,000 last year
Chasen released its 1HFY2025 update on Nov 11. Photo: Chasen Holdings
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Chasen Holdings reported a surge in its profit after tax (PAT) for 1HFY2025 to $26.8 million, an increase from $816,000 in 1HFY2024. Chasen’s 1HFY2024 ends on Sept 30.

According to the company, this was boosted by the $37.2 million gain from the divestment of the City Zone Group, offset by the impairment of goodwill. 

Chasen’s earnings for continuing operations attributable to equity holders of the company stood at $27.2 million, reversing from a loss of $1.59 million in the corresponding period the year before.

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