Yongmao Holdings expects low net profit for H1 2025

This is due to higher freight charges from higher rates.

Yongmao Holdings Limited forecasted lower net profits for the first half of 2025 (H1 2025) based on its preliminary assessment of the company’s unaudited financial statements.

The company said this is due to higher freight charges from higher rates. Furthermore, Yongmao incurred higher exchange losses and increased financial costs due to higher average borrowings in H1 2025.

However, the company is expected to record a fair value gain on its financial assets which will lead to a higher total comprehensive gain attributable to shareholders.

Yongmao is still finalising its financial statements for H1 2025 and will disclose its financial performance upon completion.

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia