Alpina Holdings' net profit jumps 239.6% YoY to $2.7m in H1 2025
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Alpina Holdings reported a net profit of $2.7 million in H1 2025, a 239.6% increase from $800,000 in H1 2024, surpassing its FY2024 profit of $2.4 million. This growth was driven by an 11% decline in administrative expenses and an 8.7% rise in revenue to $47.9 million, attributed to better performance in integrated building services and increased rental income. The company proposed an interim dividend of 1.0 Singapore cent per share, marking its largest payout since listing in 2022.
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