FEBRUARY 2025 JUNE 2025 SEPTEMBER 2025 APRIL 2025 AUGUST 2025 FEBRUARY 2026 Rising demand for chemicals and broad-based growth across key market segments led to a 4.7% increase in Megachem’s revenue to S$128.8 million for the financial year ended 31 December 2024 (“FY 2024”). After adjusting for the one-off impact of the fire incident that took place in July 2023, FY 2024 net profit after tax stood at S$2.9 million, which represented an increase of S$1.0 million or 53.5% year-on-year. Annual General Meeting for FY 2024. A final tax exempt dividend of 0.5 cent per share for FY 2024 was paid. Megachem recorded a revenue of S$64.1 million in the financial period ended 30 June 2025 (“H1 2025”), a decrease of 1.7% as compared to the S$65.2 million recorded in the financial period ended 30 June 2024 (“H1 2024”). The marginal decline in revenue reflects lower demand for chemicals, as geopolitical events and US tariffs impeded demand and growth for the industry. After adjusting for the impact of the fire incident in H1 2024, H1 2025 net profit after tax at S$1.7 million would be relatively unchanged as compared to H1 2024. An interim tax exempt dividend of 0.5 cents per share in respect of H1 2025 was paid on 30 September 2025. Due to softer demand for chemicals amid macroeconomic and geopolitical headwinds, Megachem recorded a 3.4% decrease in revenue to S$124.4 million for the financial year ended 31 December 2025 (“FY 2025”). Net profit after tax for FY 2025 stood at S$3.9 million, which represents an increase of S$1.0 million or 31.1% over the adjusted net profit after tax for FY 2024. The adjustment for FY 2024 net profit after tax was for the impact of a fire incident which took place in July 2023. MEGACHEM LIMITED ANNUAL REPORT 2025 43 YEAR IN REVIEW
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