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Union Gas reports earnings decline of 15.8% y-o-y despite record revenue for FY2025

Teo Zheng Long
Teo Zheng Long • 2 min read
Union Gas reports earnings decline of 15.8% y-o-y despite record revenue for FY2025
The higher revenue was largely driven by contribution from its liquid fuel, electric vehicle (EV) charging services and industrial gases business segment. Photo: Union Gas
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Union Gas (SGX:1F2) has reported 15.8% y-o-y lower earnings for FY2025, ended Dec 31, 2025 of $10.5 million.

Revenue for the reporting period came in 9.9% y-o-y higher at $137.9 million, which is the highest since listing. Gross profit grew 1.9% y-o-y to $48.3 million.

The higher revenue was largely driven by contribution from its liquid fuel, electric vehicle (EV) charging services and industrial gases business segment.

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