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Nordic Group reports higher earnings of $19.0 mil for FY2025, up 9% y-o-y

Teo Zheng Long
Teo Zheng Long • 2 min read
Nordic Group reports higher earnings of $19.0 mil for FY2025, up 9% y-o-y
Despite the lower top line, gross profit increased by 10% y-o-y to $40.5 million, with gross profit margin up by 3.2 percentage points to 26.4%.
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Nordic Group (SGX:MR7) has reported a 9% y-o-y improvement in earnings to $19.0 million for FY2025, ended Dec 31, 2025.

Revenue saw a slight dip of 3% y-o-y to $158.4 million in FY2025, mainly due to lower revenue contribution from the project services (PS) segment as fewer projects were undertaken in 2HFY2025.

This was partially offset by steady growth in the maintenance services (MS) segment throughout the year and orderbook replenishment in 2HFY2025.

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