CSC Holdings, a Singapore-based foundation and geotechnical engineering specialist, has announced a return to profitability for the financial year ending 31 March 2025. This turnaround is attributed to heightened construction activity, which significantly improved the company’s operating performance in its core business within Singapore.
The company reported a 10.6% increase in group revenue, reaching $246m (S$337.8m), driven by the rising demand for construction services. This growth has resulted in a net profit attributable to shareholders of $1.38m (S$1.9m), a notable improvement from the net loss recorded in the previous financial year.
CSC Holdings maintains a healthy order book valued at $218m (S$300m) as of 30 April 2025, with the majority of these projects expected to be completed within the next 12 months. The company remains cautiously optimistic about its future prospects, citing sustained demand for construction services and a robust pipeline of infrastructure and public sector projects in Singapore.
The company’s financial results highlight a significant recovery, with a gross profit margin increase to 10.5% from 4.7% the previous year. This positive shift underscores CSC Holdings’ ability to capitalise on the growing construction sector in Singapore.
As CSC Holdings looks ahead, its focus on supporting large-scale projects positions it well to continue benefiting from the ongoing demand for construction services. The company’s strategic outlook and strong order book suggest a promising trajectory for the coming year.
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