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Mooreast earnings increase fourfold to $6.8 mil from several high value orders in 1HFY2025

Nicole Lim
Nicole Lim • 1 min read
Mooreast earnings increase fourfold to $6.8 mil from several high value orders in 1HFY2025
The SGX Catalist-listed company says this is not expected to recur in the second half of the year. Photo: Albert Chua/The Edge Singapore
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Mooreast Holdings has reported earnings that have increased more than fourfold to $6.8 million for the 1HFY2025 ended June 30.

Revenue for the 1HFY2025 came in 84% y-o-y higher at $25.2 million, and gross profit increased 115% y-o-y to $10.9 million.

The SGX Catalist-listed mooring specialist says that it completed several high value mooring orders worth $12.5 million during the period under review, which is not expected to recur in the second half of the year.

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