Lincotrade & Associates Holdings Limited has announced an 11.5% increase in net profit for the financial year ending 30 June 2025, reaching S$2.6m. This growth is attributed to a strategic focus on high-margin commercial projects, which saw revenue rise by 17.3% to S$66.1m. The company’s overall revenue increased by 8.5% to S$73.6m, bolstered by a robust order book that grew by 74.4% to S$68.9m.
The company’s Managing Director, Tan Jit Meng, highlighted the resilience of Lincotrade’s business model amidst rising costs from new subsidiaries. “We are pleased to deliver another profitable full-year performance,” he stated, emphasising the company’s commitment to executing its growth strategy with discipline and agility.
Lincotrade’s gross profit margin improved to 12.5%, resulting in a 17.3% increase in gross profit to S$9.2m. Despite a 19.5% rise in total expenses, primarily due to new subsidiaries and property expenses, the company maintained its profitability.
The board has proposed a final dividend of 0.66 Singapore cents per share, translating to a 44% payout of net profit attributable to shareholders, surpassing the company’s policy of at least 20%. This move underscores Lincotrade’s dedication to delivering sustainable shareholder returns.
Looking ahead, Lincotrade is expanding its presence in Malaysia and China, with new subsidiaries and projects, including a residential development in Kuala Lumpur. The company remains focused on leveraging its expertise to harness growth opportunities both locally and overseas.
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