Chasen returns to profit with $33.2m gain for FY2025

Singapore Business Review
2025.06.02 01:46
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Chasen Holdings Limited reported a net profit of $33.2 million for FY2025, reversing a loss of $6.6 million from the previous year. Revenue increased by 22% to $116.3 million, with gross profit rising 66% to $21.2 million. The profit surge was attributed to a significant gain from the divestment of CZ Group, contributing $45.1 million, and strong performance in the Specialist Relocation segment, particularly in the U.S. Fully diluted earnings per share improved to 8.95 Singapore cents from a loss of 1.76 cents a year earlier.