Tan Chong swings to profit with $1.9m net income

An interim dividend of $0.0033 per ordinary share was declared.

Tan Chong International posted a net profit of $1.9m for the first half of the financial year 2025, reversing a net loss from the same period a year ago.

Whilst revenue slightly dipped by 1.2% year on year, the group was able to report a net profit due to the reduction of its costs and expenses.

In Singapore, Tan Chong said that sales of Nissan fell by 20% YoY, due to the effect of more stringent emission schemes, with reduced incentives for its passenger cars and discontinued incentives for its commercial vehicles.

Earnings per share were $0.000956, and an interim dividend of $0.0033 per ordinary share was declared.

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