Aspial Lifestyle (SGX:5UF
) has reported a net profit after tax of $84.4 million for FY2025, ended Dec 31, which represent an increase of 142% y-o-y.
The bottom line improvement was attributed on retail margin expansion, improved operating expense effectiveness and lower interest costs.
Revenue saw a surge of 41% y-o-y to a record level of $830.1 million in FY2025, supported by driven by retail growth, higher pawnbroking interest income, and stronger secured lending revenue.
Aspial Lifestyle mentioned that its pawnbroking business continues to be a key contributor to its revenue, with the increase largely due to higher interest income from an expanding pawn loan book.
As part of its risk mitigation strategy, the company hedges a portion of its unredeemed pledge portfolio to manage commodity price risk.
“While this protects against falling gold prices, the sharp price surge in FY2025 resulted in an $8.0 million hedging loss. This was largely offset by the increased value of the underlying collateral of unredeemed pledges,” the company states.
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Cash and cash equivalents stood at $86.5 million as at Dec 31, 2025 for Aspial Lifestyle.
Earnings per share for FY2025 nearly doubled to 4.35 Singapore cents per share from 2.24 cents per share in FY2024.
The company has doubled its 2HFY2025 dividend from 0.4 cents in 1HFY2025 to 0.8 cents per ordinary share, which brings the total dividend to 1.2 cents per ordinary share for FY2025.
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“Supported by disciplined inventory management, robust collateral quality and effective financing solutions, the retail, pawnbroking and secured lending businesses are well positioned to sustain solid performance,” says Ng Kean Seen, Aspial Lifestyle’s CEO.
Barring any unforeseen developments, Aspial Lifestyle expects the business conditions in 1HFY2026 will allow the company to deliver a substantially stronger performance compared to 1HFY2025.
Shares in Aspial Lifestyle closed 1.5 cents lower, or 4.35% lower at 33 cents on Feb 24.
