ComfortDelGro - FY results is out!Revenue grew to S$5.06 billion, a 13.0% year-on-year increase; PATMI up 9.4% year-on-year to S$230.3 million.

 ComfortDelGro Achieves Record FY2025 Revenue Exceeding S$5 billion,

Delivers 9.4% PATMI Growth

• Revenue grew to S$5.06 billion, a 13.0% year-on-year increase; PATMI up 9.4% year-on-year to

S$230.3 million.

• International revenue contribution reached 55.3%, driven by contributions from acquisitions and new

overseas contracts.

• Proposed final dividend of 4.59 cents per share, bringing the total dividend for FY2025 to 8.50 cents

per share, representing a payout ratio of 80%.

ComfortDelGro Corporation Limited (SGX:C52) (“ComfortDelGro” or, “the

Group”) today announced its financial results for the full year ended 31 December 2025. The Group delivered

strong growth with a total revenue of S$5.06 billion in FY2025, reflecting 13.0% increase compared to

FY2024. Profit After Tax and Minority Interests (PATMI) rose 9.4% year-on-year (yoy) to S$230.3 million.

This performance reflects the Group’s focused execution of its international growth strategy, as total revenue

crossed S$5 billion for the first time while overseas revenue now accounts for 55.3% of total revenue, up

from 49.1% in the previous year. In tandem, overseas operating profit contribution rose to 44.7%, up from

34.9% in the previous year.

Operating profit for its Public Transport segment grew 15.1% yoy to S$149.5 million. This increase was

largely attributed to the renewal of London bus contracts at improved margins, the start of Metroline

Manchester’s operations in early 2025. Operating profit for the Taxi and Private Hire segment saw a 4.4%

yoy increase due to full-year contributions from the acquisition of Addison Lee in 2024. Operating profits from

its Inspection & Testing Services rose 56.1% yoy, mainly driven by the peak volume of On-Board Unit

installations for Singapore’s Electronic Road Pricing 2.0 project throughout 2025.

The Group achieved significant milestones in its Public Transport business in 2025. Beyond the four bus

franchises in Greater Manchester, it had also successfully mobilised three Zero Emission Bus franchises in

Victoria, Australia and commenced operations for the Stockholm Metro in November 2025. These

developments underscore the Group’s ability to deliver long-duration, government-backed contracts that

anchor the Group’s resilience and future cash flows.

Venture - 2nd Half results is out. 4th quarter Net profit is higher than last year!The Group registered net profit of S$227.0 million for FY2025. This translated to a healthy net margin of 9.0%

 Venture  - 2nd Half results is out. 4th quarter Net profit is higher than last year!The Group registered net profit of S$227.0 million for FY2025. This translated to a  healthy net margin of 9.0%.

VENTURE REPORTS SEQUENTIAL QUARTER GROWTH

AND PROPOSES FINAL DIVIDEND OF 50 CENTS PER SHARE, XD 5th May.Paydate 15 May.

BRINGING FY2025 TOTAL DIVIDEND TO 80 CENTS PER SHARE

• 4Q 2025 revenue and net profit rose quarter-on-quarter as 

strategic initiatives gained traction

• FY2025 dividend of 80 cents per share represents 6.7% increase against FY2024

• The higher dividend and share buyback plan executed over 2025

reflects Venture’s continued commitment to enhancing totalshareholder return.

A stronger quarter ended 31 December 2025 compared to the 

quarter ended 30 September 2025. Revenue rose 2.9% quarter-on-quarter to S$645.4

million, mainly due to growth from the Test & Measurement Instrumentation and 

Networking & Communications technology domains as our strategic initiatives gained traction.

Total revenue of S$2,534.5 million, a decline of 7.4% year-on-year. This was mainly 

attributable to the Lifestyle Consumer technology domain. We improved the reliability 

and longevity of a customer’s key product through our R&D and design contribution, 

which led to lower product replacements

.

Aem - Finally, she is back in the black with FY net profit of 17.148m, declared Final dividend of 1.3 cents

 Aem - Finally,  she is back in the black with FY net profit of 17.148m, declared Final dividend of 1.3 cents.

At current price of 2.03, yield is merely 0.64%. Price seem trading at premium price level! Profit margin is 4.1%. PE 37.9x . Let's see how the market react!

• Revenue for FY2025 reached S$399.3 million, up 5% year-on-year, driven by the ramp 

with its major Artificial Intelligence (“AI”)/High-Performance Computing (“HPC”) 

customer and continued adoption of its advanced test solutions.

• Profit before tax increased 51.6% year-on-year to S$21.3 million. PBT margin improved 

1.6 ppts to 5.3%, due to higher revenue and thus improved operating leverage.

• The Board of Directors have recommended a final dividend of 1.3 Singapore cents per 

ordinary share for FY2025.

• AEM’s second AI/HPC customer contributed over 25% of Test Cell Solutions’ segment 

revenue in FY2025, and is expected to grow in FY2026 to become the Group’s top 

customer by revenue. 

• The Group is providing revenue guidance of S$460 million to S$510 million for FY2026, 

driven by the AI/HPC ramp, with TCS expected to contribute approximately 70% of the 

group’s overall revenue.

Sembcorp Ind - 2nd Half results is out. Total Revenue is down 11 percent to 2857m.Net profit is down 7 percent to 448m. Declared final dividend of 16 cents, together with interim dividend of 9 cents a total dividend of 25 cents versus 23 cents last year

 Sembcorp Ind  - 2nd Half results is out.  Total Revenue is down 11 percent to 2857m.Net profit is down 7 percent to 448m. Declared final dividend of 16 cents, together with interim dividend of 9 cents a total dividend of 25 cents versus 23 cents last year.

Sembcorp Industries (Sembcorp) delivered resilient performance for the full year of 2025 (FY2025), with underlying Group net profit of

S$1.0 billion, comparable to FY2024. Earnings growth from the Renewables aandOntegrated Urban Solutions segments mitigated lower earnings from the Gas and 

Related Services segment. Reported Group net profit from continuing operations was 

S$984 million, 4% lower year-on-year, as the gain from the divestment of SembEnviro

was offset by the foreign exchange loss on the deferred payment note.

Underlying net profit for the Gas and Related Services segment was S$701 million,

with lower contribution from the UK business and lower generation spreads in 

Singapore. This was offset by higher contribution from Senoko Energy. As of February 

2026, approximately 80% of our contracted portfolio in Singapore1

is locked in for five

years and above, providing earnings visibility. 

Net profit before exceptional items (EI) for the Renewables segment was 5% higher 

at S$192 million in FY2025 on stronger performance from the India renewables 

portfolio. Operational capacity as of end 2025 was 15.0GW, up from 13.1GW as of

end 2024. Since end 2024, Sembcorp has secured 3.6GW of renewables capacity 

across key markets. Including projects under construction, the Group’s gross

renewables capacity is now at 20.4GW.

The Integrated Urban Solutions segment posted net profit before EI of S$178 million, 

3% higher year-on-year. The Urban business continues to build up its portfolio of low-

carbon industrial parks and ready-built industrial space, while we continue to sharpen 

our portfolio focus in the Water business.

Sbs Transit - FY results is out. Net profit is down 13 percent to 61.1m. Declared final dividend of 8.66 cents plus a special dividend of 31.99 cents.so solid

 Sbs Transit  - FY results is out. Net profit is down 13 percent to 61.1m. Declared final dividend of 8.66 cents plus a special dividend of 31.99 cents.so solid!

Full-year Group revenue decreased by 2.7% to $1.52 billion.

• Full-year operating costs decreased by 2.5% to $1.45 billion. 

• Full-year operating profit decreased by 6.9% or $5 million to $68.1 million.

• Net profit attributable to shareholders decreased by 13% to $61.2 million.

• A final tax-exempt one-tier dividend of 8.66 cents per share and a special tax-

exempt one-tier dividend of 31.99 cents per share have been recommended.

IN addition, after a review of the Group’s capital requirements and funding needs, the
Board has proposed a special dividend of 31.99 cents per ordinary share to our
shareholders.
Together with the interim tax-exempt one-tier dividend of 8.95 cents paid earlier, the
total dividend for 2025 will be 49.60 cents per share or a payout ratio of 253% if the
final and special dividend is approved byp Shareholders at the Annual General
Meeting on 23 April 2026.
Outlook
Bus operations revenue is expected to decline following the loss of the Tampines Bus
Package from July 2026.
Rail operations revenue is expected to grow due to fare adjustment effective from 27
December 2025 and sustained increases in ridership.

Too much cash on hands! 

Total cash on hands 384m div total no if share 312m , 1.23 cash per share.

Uob Bank -

 UOB Group reported an operating profit of S$7.7 billion for the 

financial year ended 31 December 2025 (FY25), driven by strong fee momentum across our 

wholesale banking and retail banking businesses. Net profit for FY25 moderated 23% to S$4.7 billion from the previous year, largely due to the pre-emptive general allowances that the Group 

proactively set aside in the third quarter to strengthen provision coverage amid growing macroeconomic uncertainties.

The Board recommends the payment of a final dividend of 71 cents per ordinary share. Together with the interim dividend of 85 cents per ordinary share, the total dividend for FY25 will be S$1.56per ordinary share, representing a payout ratio of approximately 50%. In recognising the final dividends, the pre-emptive general provision set aside in the third quarter was excluded from the 

final dividend calculation. In addition to the regular dividends, the Group returned surplus capitalto shareholders through a special dividend of 50 cents per ordinary share, which was paid over two tranches during 2025. 

Net interest income for FY25 eased 3% year on year. Although loan growth was healthy at 4%,

margin pressures from lower benchmark rates offset the growth momentum. Net fee income grew 

7% to a record high of S$2.6 billion, driven by a double-digit growth in wealth management and 

loan-related fees. While trading income and liquidity management activities normalised from last 

year’s exceptional level, customer-related treasury income reached a new record high, backed by 

strong hedging and investment demand. 

Asset quality remained resilient with non-performing loan ratio stable at 1.5%. Following the pre-

emptive general provision set aside in the third quarter, credit costs for the fourth quarter improved 

to 19 basis points, as total allowances returned to normalised levels.