Soilbuild Construction Group Ltd. has announced a record net profit of S$63.6m for the financial year ending 31 December 2025, marking a 139.4% increase from the previous year. This achievement is attributed to robust growth in its Construction and Precast & Prefabrication divisions, which saw revenue increases of 49.2% and 54.4% respectively. The company’s order book now exceeds S$1.07b, ensuring strong revenue visibility moving forward.
The group’s gross profit doubled to S$93.2m, supported by a higher gross profit margin of 15.8%. Executive Director and CEO Lim Han Ren highlighted the company’s operational excellence and strategic focus as key drivers of this success. “FY2025 stands out as a landmark year, with our financial results highlighting nearly five decades of the Group’s progress and achievements,” he stated.
Soilbuild Construction’s balance sheet has strengthened significantly, with total assets reaching S$408.8m and cash reserves increasing to S$153.3m. The company generated S$157m in positive cash flow from operations, reflecting disciplined working capital management.
In recognition of its financial performance, the company has proposed a final dividend of 2.5 cents per share, raising the total dividend payout to 31.2% of net profit, a notable increase from the previous year’s 18.7%. Lim expressed the company’s commitment to delivering sustainable value, stating, “The FY2025’s dividend payout ratio of over 30% of net profits reflects our appreciation for our shareholders’ support.”
Looking ahead, Soilbuild Construction plans to continue its focus on safety, cost management, and innovation to drive long-term value for shareholders and stakeholders.
