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SingFinance 2HFY2025 net profit up 2% despite provisions

The Edge Singapore
The Edge Singapore  • 1 min read
SingFinance 2HFY2025 net profit up 2% despite provisions
Image: Sing Investments & Finance website
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Due to lower financing costs, Sing Investments & Finance was able to report a slight increase of 2% y-o-y for its 2HFY2025 bottom line, despite a lower topline and a jump in provision for credit allowances.

For the half year ended Dec 31 2025, net profit after tax was $20.6 million, versus $20.3 million in the year-earlier 1HFY2024.

Its interest income and hiring charges for the period was $67.1 million, down 13% y-o-y. Interest expense, meanwhile, dropped 36% to $27.4 million amid a lower interest rate environment.

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