Newsflash Asia – Breaking Stories, Smarter and Faster

[user-icon-header-short device='mobile']

Aspial Lifestyle FY2025 profit soars to a record $84.4m

Aspial Lifestyle Limited has announced a remarkable 142% increase in its profit after tax for the financial year ending 31 December 2025, reaching a record S$84.4m. This surge was primarily driven by a 41% rise in revenue to S$830.1m, attributed to robust retail growth, increased pawnbroking interest income, and stronger secured lending revenue.

The company also reported a significant 172% year-on-year increase in profit after tax for the second half of 2025. In response to this exceptional performance, Aspial Lifestyle has doubled its dividend for the second half of 2025 to 0.8 Singapore cents per ordinary share, resulting in a total dividend of 1.2 Singapore cents per share for the year—a 50% increase from the previous year.

Aspial Lifestyle’s CEO, Ng Kean Seen, highlighted the success of the company’s strategy, stating, “We are pleased to report record revenue and profit in FY2025, driven by successful execution of our strategy for the year.” He noted that the company’s strengths in retail, pawnbroking, and secured lending, supported by disciplined inventory management and effective financing solutions, have been key contributors to this success.

Looking ahead, the company anticipates strong operating momentum as it enters FY2026, expecting business conditions in the first half of the year to deliver a substantially stronger performance. With a focus on gold-related products and financial services, Aspial Lifestyle is well-positioned to sustain its solid performance.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats

Join The Community

Join The Community

NEWSFLASH

x Studio

Connect with your clients by working with our in-house brand studio, using our expertise and media reach to help you create and craft your message in video and podcast, native content and whitepapers, webinars and event formats.