Chasen Holdings Limited has reported a return to profitability in FY2026, achieving a net profit of S$7.2m, a significant turnaround from the S$11.8m loss recorded in FY2025. This financial recovery is supported by the company’s strategic initiatives, including the operational launch of the Chasen Logistics Hub and securing approximately S$45m in projects for FY2027 across its three business segments.
The group’s gross margin improved by 1.5 percentage points to 19.7%, reflecting its enhanced operational efficiency. Chasen’s Managing Director and CEO, Low Weng Fatt, highlighted the company’s strategic focus on Specialist Relocation projects, particularly in high-growth sectors such as electronics manufacturing and renewable energy in India. “Our momentum in India is particularly encouraging,” he stated, emphasising the company’s position as a preferred partner in one of the world’s fastest-growing manufacturing economies.
Chasen is also experiencing continued growth in the US and China, particularly in the semiconductor, electric vehicle battery, and OLED/AMOLED display manufacturing sectors. Despite geopolitical challenges, the company has demonstrated resilience by securing a robust pipeline of projects, reinforcing client trust.
With the Chasen Logistics Hub now operational, the company is poised for sustained earnings growth and enhanced shareholder value. As Chasen enters the new financial year, it aims to leverage its strengthened platform and focused portfolio to maintain its upward trajectory.
