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Sevens Atelier Limited's subsidiary, Sevens Build Pte. Ltd., has partnered with OrangeTee & Tie Pte. Ltd. to form a non-exclusive marketing collaboration. This agreement aims to utilize OTT's agent network and marketing platforms to improve campaign distribution and brand visibility, targeting homeowner and investor communities. Sevens Atelier specializes in the design and construction of bespoke homes in Singapore.
Sevens Atelier Limited reported a net profit of S$0.31 million for FY 2024, recovering from a loss of S$4.05 million in FY 2023, despite a revenue drop from S$14.33 million to S$9.10 million. The improvement is attributed to cost optimization and operational efficiency, with gross profit margins increasing from 15.4% to 19.6%. The company has an order book of S$12.36 million, indicating potential for future revenue growth. Sevens Atelier is exploring strategic growth through mergers and acquisitions and aims to expand into new markets, supported by a favorable macroeconomic outlook.
