For 3Q FY2025, seven build-to-order boats, two trade-in boats, one pre-owned boat and one stock boat were sold, which lifts the number of boats sold by GBY for 9M FY2025 to 26 boats.
SGX Mainboard-listed Grand Bank Yachts (GBY) has reported a y-o-y increase in its 3Q FY2025 revenue but earnings in the same period, no thanks to lower margins, dropped 42.8% y-o-y.
The group also saw earnings decline on the back of a lower margin sales mix and higher costs associated with product enhancements.
