OKP Holdings has reported earnings of $25.1 million for its 2HFY2025, up 15.3% y-o-y. This brings its full-year net profit to $44.3 million, an increase of 31.3% over the preceding FY2024.
Revenue for the second half was up 10.5% to $119.1 million, while its entire FY2025 revenue was up 22.9% to $223.5 million. The company saw lower rental income but its core businesses of construction and maintenance grew.
Following the recent bonus share issue of three for four, OKP plans to pay a final dividend of 0.7 cent, plus a special dividend of 1.3 cents.
The company's order book stands at around $588 million.
"We remain committed to sustaining our growth momentum through disciplined cost management and prudent financial management," says managing director Or Toh Wat.
"We will continue to focus on projects that align with our core competencies in transport infrastructure and civil engineering, while exploring selective opportunities and strategic partnerships to diversify our earnings base through property developments and other investments," he adds.
See also: Ho Bee Land's FY2025 Patmi falls 9% y-o-y while net profit is down 7% to $102.4 million
OKP shares closed at 86 cents on Feb 24, up 2.38%.
