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ISDN's FY2025 earnings down 20.7% on hydro assets revaluation; up 25.9% if excluded

The Edge Singapore
The Edge Singapore  • 2 min read
ISDN's FY2025 earnings down 20.7% on hydro assets revaluation; up 25.9% if excluded
"While near-term conditions remain measured, the structural direction is clear," says ISDN's Teo Cher Koon / Photo: Albert Chua
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ISDN Holdings has reported 2HFY2025 earnings of $5.5 million, an increase of 15.4% over the year-earlier period. Even so, its full-year 2025 earnings of $6.8 million was 20.7% lower y-o-y as it had booked non-recurring, non-cash, revaluation of long-dated receivables related to its renewable energy business.

If losses related to this business were excluded, ISDN would have reported a 25.9% growth in its core shareholder profit for the year.

Revenue for the whole of FY2025 was $$440.2 million, an increase of 18.2%.

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