MindChamps PreSchool log 86% net profit jump to $2.6m in H1

Singapore Business Review
2025.08.14 03:30
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MindChamps PreSchool Limited reported an 86% increase in net profit to $2.6 million for H1 2025, with revenue rising 10% to $32.1 million. Total profit attributable to equity holders surged 94% year-on-year to nearly $2.64 million. Gross profit increased by 26% to $16.65 million, while expenses fell by 4% to over $14.71 million. The growth in revenue was driven by a $3.6 million rise in franchise income, despite a decline in commission income due to the divestment of its childcare enrollment business. Earnings per share stood at 1.08 cents.