Karin Technology’s net profit up 1% in FY 2025

Singapore Business Review
2025.09.03 02:55
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Karin Technology Holdings Limited reported a net profit of $3.1 million for FY 2025, marking a 1% increase year-on-year. However, revenue fell by 12.4% to $313.6 million due to decreased sales across all business segments. Other income rose by 13.2% to $1.7 million, attributed to higher interest income from US dollar deposits. Overall expenses decreased, primarily from reduced selling and distribution costs. Earnings per share increased slightly to $0.089 from $0.088 the previous year.