Soon Hock Enterprise Holdings Limited has announced an anticipated significant increase in revenue and net profit for the financial year ending 31 December 2025 (FY2025), compared to the previous year. This improvement is largely due to the partial Temporary Occupation Permit (TOP) received on 11 December 2025 for its industrial development project, Stellar@Tampines. The permit allowed the company to recognise sales revenue as customers gained control of their units.
The company’s Board of Directors revealed that the eligible customers of units on Levels 1 to 8 of Stellar@Tampines received their Notice of Vacant Possession (NOVP) by FY2025, contributing to the financial upturn. This marks a notable change from FY2024, which saw no comparable completed industrial development projects.
Soon Hock Enterprise is currently finalising its unaudited consolidated financial results for FY2025, with a detailed announcement expected around 23 February 2026. The company advises shareholders and potential investors to exercise caution when dealing with its shares and to seek professional advice if needed.
