ASTI HOLDINGS LIMITED Annual Report 2025
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Profit or loss | |||
| RevenueS$’000 | 36,857 | 32,956 | PDF p. 46 |
| Cost of salesS$’000 | (26,944) | (29,173) | PDF p. 46 |
| Gross profitS$’000 | 9,913 | 3,783 | PDF p. 46 |
| Other incomeS$’000 | 879 | 1,926 | PDF p. 46 |
| Other expenses | |||
| – Marketing and distributionS$’000 | (265) | (533) | PDF p. 46 |
| – Research and developmentS$’000 | (46) | (47) | PDF p. 46 |
| – Administrative expensesS$’000 | (8,652) | (9,612) | PDF p. 46 |
| – Other gains/(losses), netS$’000 | 338 | (3,289) | PDF p. 46 |
| – Finance income/(costs), netS$’000 | 111 | (476) | PDF p. 46 |
| – Addition of loss allowance on financial assets, netS$’000 | (61) | (16,081) | PDF p. 46 |
| Profit or loss | |||
| Profit/(Loss) before income tax from continuing operationsS$’000 | 2,217 | (24,329) | PDF p. 46 |
| Income tax expenseS$’000 | (1,086) | (197) | PDF p. 46 |
| Profit/(Loss) from continuing operationsS$’000 | 1,131 | (24,526) | PDF p. 46 |
| Profit for the year from discontinued operations, net of taxS$’000 | – | 5,605 | PDF p. 46 |
| Profit/(Loss) for the yearS$’000 | 1,131 | (18,921) | PDF p. 46 |
| Other comprehensive loss; items that may be reclassified subsequently to profit or loss | |||
| – Foreign currency translationS$’000 | (1,373) | (2,969) | PDF p. 46 |
| Other comprehensive loss | |||
| Other comprehensive loss for the year, net of taxS$’000 | (1,373) | (2,969) | PDF p. 46 |
| Total comprehensive loss for the yearS$’000 | (242) | (21,890) | PDF p. 46 |
| Profit/(Loss) for the year attributable to; continuing operations, net of taxation | |||
| Owners of the CompanyS$’000 | 1,126 | (24,503) | PDF p. 46 |
| Non-controlling interestsS$’000 | 5 | (23) | PDF p. 46 |
| Profit/(Loss) for the year attributable to; continuing operations, net of taxation subtotal | |||
| SubtotalS$’000 | 1,131 | (24,526) | PDF p. 46 |
| Profit/(Loss) for the year attributable to; discontinued operations, net of taxation | |||
| Owners of the CompanyS$’000 | – | 7,729 | PDF p. 46 |
| Non-controlling interestsS$’000 | – | (2,124) | PDF p. 46 |
| Profit/(Loss) for the year attributable to; discontinued operations, net of taxation subtotal | |||
| SubtotalS$’000 | – | 5,605 | PDF p. 46 |
| Profit/(Loss) for the year attributable to | |||
| Profit/(Loss) for the yearS$’000 | 1,131 | (18,921) | PDF p. 46 |
| Total comprehensive (loss)/income for the year attributable to | |||
| Owners of the CompanyS$’000 | (247) | (19,743) | PDF p. 46 |
| Non-controlling interestsS$’000 | 5 | (2,147) | PDF p. 46 |
| Total comprehensive loss for the yearS$’000 | (242) | (21,890) | PDF p. 46 |
| Earnings/(Loss) per share attributable to owners of the Company | |||
| Basic and diluted earnings/(loss) per share from continuing operationscents per share | 0.17 | (3.74) | PDF p. 46 |
| Basic and diluted earnings per share from discontinued operationscents per share | – | 1.18 | PDF p. 46 |
| Total basic and diluted earnings/(loss) per sharecents per share | 0.17 | (2.56) | PDF p. 46 |
Original report: PDF p. 46 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Assets; Non-current assets | |||||
| Intangible assetsS$’000 | – | – | – | – | PDF p. 47 |
| Property, plant and equipmentS$’000 | 14,384 | 17,153 | 63 | 207 | PDF p. 47 |
| Investments in subsidiariesS$’000 | – | – | 4,864 | 5,436 | PDF p. 47 |
| Deferred tax assetsS$’000 | 35 | 176 | – | – | PDF p. 47 |
| Other receivablesS$’000 | 1,185 | 1,328 | 1,174 | 1,326 | PDF p. 47 |
| Assets; Non-current assets subtotal | |||||
| SubtotalS$’000 | 15,604 | 18,657 | 6,101 | 6,969 | PDF p. 47 |
| Assets; Current assets | |||||
| InventoriesS$’000 | 1,768 | 2,137 | – | – | PDF p. 47 |
| Prepayments and advancesS$’000 | 528 | 677 | 25 | 56 | PDF p. 47 |
| Trade receivablesS$’000 | 9,607 | 6,124 | – | – | PDF p. 47 |
| Other receivablesS$’000 | 1,109 | 1,222 | 717 | 286 | PDF p. 47 |
| Amounts due from subsidiariesS$’000 | – | – | 789 | 385 | PDF p. 47 |
| Cash at bank and on handS$’000 | 16,499 | 23,045 | 2,404 | 3,116 | PDF p. 47 |
| Assets; Current assets subtotal (source label: Total currents assets) | |||||
| SubtotalS$’000 | 29,511 | 33,205 | 3,935 | 3,843 | PDF p. 47 |
| Assets total | |||||
| SubtotalS$’000 | 45,115 | 51,862 | 10,036 | 10,812 | PDF p. 47 |
| Equity and liabilities; Equity | |||||
| Share capitalS$’000 | 132,617 | 132,617 | 132,617 | 132,617 | PDF p. 47 |
| Treasury sharesS$’000 | (4,772) | (4,772) | (4,772) | (4,772) | PDF p. 47 |
| Capital reservesS$’000 | (2,960) | (2,960) | (2,960) | (2,960) | PDF p. 47 |
| Foreign currency translation reserveS$’000 | (1,745) | (372) | – | – | PDF p. 47 |
| Accumulated lossesS$’000 | (83,540) | (84,666) | (126,828) | (127,135) | PDF p. 47 |
| Equity and liabilities; Equity attributable to owners subtotal | |||||
| SubtotalS$’000 | 39,600 | 39,847 | (1,943) | (2,250) | PDF p. 47 |
| Equity and liabilities; Equity | |||||
| Non-controlling interestsS$’000 | (6,147) | (6,152) | – | – | PDF p. 47 |
| Equity and liabilities; Total equity/(Capital deficiency) | |||||
| SubtotalS$’000 | 33,453 | 33,695 | (1,943) | (2,250) | PDF p. 47 |
| Equity and liabilities; Non-current liabilities | |||||
| Deferred tax liabilitiesS$’000 | 131 | 317 | – | – | PDF p. 47 |
| Long term payablesS$’000 | 2,129 | 2,165 | – | – | PDF p. 47 |
| Lease liabilitiesS$’000 | 934 | 267 | – | 32 | PDF p. 47 |
| ProvisionsS$’000 | 799 | 764 | – | – | PDF p. 47 |
| Equity and liabilities; Non-current liabilities subtotal | |||||
| SubtotalS$’000 | 3,993 | 3,513 | – | 32 | PDF p. 47 |
| Equity and liabilities; Current liabilities | |||||
| Loans and borrowingsS$’000 | – | 8,594 | – | – | PDF p. 47 |
| Lease liabilitiesS$’000 | 371 | 419 | 32 | 91 | PDF p. 47 |
| Trade payables and accrualsS$’000 | 5,228 | 4,695 | 944 | 1,278 | PDF p. 47 |
| Other payablesS$’000 | 1,384 | 697 | 139 | 175 | PDF p. 47 |
| Amounts due to subsidiariesS$’000 | – | – | 10,310 | 11,486 | PDF p. 47 |
| Income tax payableS$’000 | 686 | 249 | 554 | – | PDF p. 47 |
| Equity and liabilities; Current liabilities subtotal | |||||
| SubtotalS$’000 | 7,669 | 14,654 | 11,979 | 13,030 | PDF p. 47 |
| Equity and liabilities; Total liabilities | |||||
| SubtotalS$’000 | 11,662 | 18,167 | 11,979 | 13,062 | PDF p. 47 |
| Equity and liabilities total | |||||
| SubtotalS$’000 | 45,115 | 51,862 | 10,036 | 10,812 | PDF p. 47 |
Original report: PDF p. 47 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Profit or loss | |||
| RevenueS$’000 | 36,857 | 32,956 | PDF p. 46 |
| Cost of salesS$’000 | (26,944) | (29,173) | PDF p. 46 |
| Gross profitS$’000 | 9,913 | 3,783 | PDF p. 46 |
| Other incomeS$’000 | 879 | 1,926 | PDF p. 46 |
| Other expenses | |||
| Marketing and distributionS$’000 | (265) | (533) | PDF p. 46 |
| Research and developmentS$’000 | (46) | (47) | PDF p. 46 |
| Administrative expensesS$’000 | (8,652) | (9,612) | PDF p. 46 |
| Other gains/(losses), netS$’000 | 338 | (3,289) | PDF p. 46 |
| Finance income/(costs), netS$’000 | 111 | (476) | PDF p. 46 |
| Addition of loss allowance on financial assets, netS$’000 | (61) | (16,081) | PDF p. 46 |
| Profit or loss | |||
| Profit/(Loss) before income tax from continuing operationsS$’000 | 2,217 | (24,329) | PDF p. 46 |
| Income tax expenseS$’000 | (1,086) | (197) | PDF p. 46 |
| Profit/(Loss) from continuing operationsS$’000 | 1,131 | (24,526) | PDF p. 46 |
| Profit for the year from discontinued operations, net of taxS$’000 | – | 5,605 | PDF p. 46 |
| Profit/(Loss) for the yearS$’000 | 1,131 | (18,921) | PDF p. 46 |
| Other comprehensive loss | |||
| Foreign currency translationS$’000 | (1,373) | (2,969) | PDF p. 46 |
| Other comprehensive loss for the year, net of taxS$’000 | (1,373) | (2,969) | PDF p. 46 |
| Comprehensive income | |||
| Total comprehensive loss for the yearS$’000 | (242) | (21,890) | PDF p. 46 |
| Profit/(Loss) for the year attributable to: Continuing operations, net of taxation | |||
| Owners of the CompanyS$’000 | 1,126 | (24,503) | PDF p. 46 |
| Non-controlling interestsS$’000 | 5 | (23) | PDF p. 46 |
| Continuing operations subtotalS$’000 | 1,131 | (24,526) | PDF p. 46 |
| Profit/(Loss) for the year attributable to: Discontinued operations, net of taxation | |||
| Owners of the CompanyS$’000 | – | 7,729 | PDF p. 46 |
| Non-controlling interestsS$’000 | – | (2,124) | PDF p. 46 |
| Discontinued operations subtotalS$’000 | – | 5,605 | PDF p. 46 |
| Profit/(Loss) for the year attributable | |||
| Profit/(Loss) for the yearS$’000 | 1,131 | (18,921) | PDF p. 46 |
| Total comprehensive (loss)/income for the year attributable to | |||
| Owners of the CompanyS$’000 | (247) | (19,743) | PDF p. 46 |
| Non-controlling interestsS$’000 | 5 | (2,147) | PDF p. 46 |
| Total comprehensive loss for the yearS$’000 | (242) | (21,890) | PDF p. 46 |
| Earnings/(Loss) per share attributable to owners of the Company | |||
| Basic and diluted earnings/(loss) per share from continuing operationscents per share | 0.17 | (3.74) | PDF p. 46 |
| Basic and diluted earnings per share from discontinued operationscents per share | – | 1.18 | PDF p. 46 |
| Total basic and diluted earnings/(loss) per sharecents per share | 0.17 | (2.56) | PDF p. 46 |
Original report: PDF p. 46 ↗
The accompanying notes form an integral part of and should be read in conjunction with these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Operating activities | |||
| Profit/(Loss) before income tax from continuing operationsS$’000 | 2,217 | (24,329) | PDF p. 49 |
| Profit before income tax from discontinued operationsS$’000 | – | 5,626 | PDF p. 49 |
| Total profit/(loss) before income taxS$’000 | 2,217 | (18,703) | PDF p. 49 |
| Operating activities — Adjustments for | |||
| Depreciation of property, plant and equipmentS$’000 | 5,647 | 7,983 | PDF p. 49 |
| Impairment loss on property, plant and equipmentS$’000 | – | 2,577 | PDF p. 49 |
| Write-back of stock obsolescence, netS$’000 | (46) | (141) | PDF p. 49 |
| Write-back on amounts due from associatesS$’000 | – | (181) | PDF p. 49 |
| Allowance on other receivablesS$’000 | 72 | 16,262 | PDF p. 49 |
| Write-back on trade receivablesS$’000 | (11) | – | PDF p. 49 |
| Loss on disposal of club membershipS$’000 | – | 9 | PDF p. 49 |
| Gain on disposal of property, plant and equipmentS$’000 | (38) | (548) | PDF p. 49 |
| Interest incomeS$’000 | (356) | (539) | PDF p. 49 |
| Interest expenseS$’000 | 224 | 995 | PDF p. 49 |
| Gain on disposal of other investmentS$’000 | – | (547) | PDF p. 49 |
| Gain on liquidation of DGI GroupS$’000 | – | (6,216) | PDF p. 49 |
| Unrealised currency translation differencesS$’000 | (581) | 506 | PDF p. 49 |
| Operating activities | |||
| Operating cash flows before changes in working capitalS$’000 | 7,128 | 1,457 | PDF p. 49 |
| Operating activities — Changes in working capital | |||
| InventoriesS$’000 | 415 | 1,374 | PDF p. 49 |
| Prepayment and advancesS$’000 | 149 | 197 | PDF p. 49 |
| Trade receivablesS$’000 | (3,712) | 1,563 | PDF p. 49 |
| Other receivablesS$’000 | 295 | (1,790) | PDF p. 49 |
| Amounts due from associatesS$’000 | – | 3,192 | PDF p. 49 |
| Long term payablesS$’000 | 34 | 170 | PDF p. 49 |
| Trade and other payablesS$’000 | 1,021 | (1,613) | PDF p. 49 |
| ProvisionsS$’000 | 31 | 48 | PDF p. 49 |
| Operating activities | |||
| Cash flows generated from operationsS$’000 | 5,361 | 4,598 | PDF p. 49 |
| Interest paidS$’000 | (40) | (133) | PDF p. 49 |
| Interest receivedS$’000 | 41 | 539 | PDF p. 49 |
| Income tax paidS$’000 | (344) | (222) | PDF p. 49 |
| Net cash flows generated from operating activitiesS$’000 | 5,018 | 4,782 | PDF p. 49 |
| Investing activities | |||
| Proceeds from disposal of property, plant and equipmentS$’000 | 408 | 1,640 | PDF p. 49 |
| Proceeds from disposal of club membershipS$’000 | – | 9 | PDF p. 49 |
| Proceeds from disposal of other investmentS$’000 | – | 1,371 | PDF p. 49 |
| Purchase of property, plant and equipment (Note A)S$’000 | (1,992) | (346) | PDF p. 49 |
| Payment for property, plant and equipment acquired in prior yearS$’000 | (46) | (125) | PDF p. 49 |
| Net cash outflow on liquidation of DGI GroupS$’000 | – | (934) | PDF p. 49 |
| Net cash flows (used in)/generated from investing activitiesS$’000 | (1,630) | 1,615 | PDF p. 49 |
| Financing activities | |||
| Payment of principal portion of lease liabilitiesS$’000 | (363) | (752) | PDF p. 50 |
| Repayments of bank borrowingsS$’000 | (8,697) | (3,882) | PDF p. 50 |
| Net cash flows used in financing activitiesS$’000 | (9,060) | (4,634) | PDF p. 50 |
| Cash and cash equivalents | |||
| Net (decrease)/increase in cash and cash equivalentsS$’000 | (5,672) | 1,763 | PDF p. 50 |
| Cash and cash equivalents at beginning of the financial yearS$’000 | 23,045 | 20,709 | PDF p. 50 |
| Effects of exchange rate changes on cash and cash equivalentsS$’000 | (874) | 573 | PDF p. 50 |
| Cash and cash equivalents at end of the financial yearS$’000 | 16,499 | 23,045 | PDF p. 50 |
| Note A: Purchase of property, plant and equipment were acquired by means of | |||
| Cash paymentsS$’000 | 1,992 | 346 | PDF p. 50 |
| Leases (Note 27)S$’000 | 1,080 | 734 | PDF p. 50 |
| Other payables (Note 30)S$’000 | – | 46 | PDF p. 50 |
| TotalS$’000 | 3,072 | 1,126 | PDF p. 50 |
Original report: PDF p. 49 ↗ PDF p. 50 ↗
Note A. Purchase of property, plant and equipment: “Property, plant and equipment were acquired by means of:” Cash payments; Leases (Note 27); Other payables (Note 30).
The accompanying notes form an integral part of and should be read in conjunction with these financial statements.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group; FY2025 | 2024Group; FY2024 | 2023Group; FY2023 | Source |
|---|---|---|---|---|
| Continuing operations | ||||
| Group revenueS$’000 | 36,857 | 32,956 | 47,968 | PDF p. 11 |
| Profit/(loss) before income taxS$’000 | 2,217 | (24,329) | (2,942) | PDF p. 11 |
| Profit/(loss) after income taxS$’000 | 1,131 | (24,526) | (3,429) | PDF p. 11 |
| Profit/(loss) attributable to owners of the CompanyS$’000 | 1,126 | (24,503) | (3,545) | PDF p. 11 |
| EBITDA*S$’000 | 7,709 | 1,530 | 7,397 | PDF p. 11 |
| At Year End | ||||
| Shareholders’ funds attributable to owners of the CompanyS$’000 | 39,600 | 39,847 | 54,648 | PDF p. 11 |
| Total equity/Net assetsS$’000 | 33,453 | 33,695 | 36,152 | PDF p. 11 |
| Total assetsS$’000 | 45,115 | 51,862 | 64,957 | PDF p. 11 |
| Per Share | ||||
| Net earnings/(loss) (cents)**cents per share | 0.17 | (3.74) | (0.54) | PDF p. 11 |
| Net Assets Value (cents)***cents per share | 5.11 | 5.15 | 5.52 | PDF p. 11 |
| Net Assets Value attributable to owners of the Company (cents)cents per share | 6.05 | 6.09 | 8.35 | PDF p. 11 |
Original report: PDF p. 11 ↗
* EBITDA means earnings before interest expense, interest income, tax, depreciation, amortisation, write off/(back) on allowances and impairment losses.
** Earnings/(Loss) per share is based on the weighted average number of shares (excluding treasury shares).
*** Calculation of net assets per share is based on the number of issued shares (excluding treasury share) as at year end, after deducting non-controlling interests.
This highlights table presents three financial years, FY2025 to FY2023; no five-year summary was found in the inspected highlights page.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group; continuing operations | 2024Group; continuing operations | 2025Group; discontinued operations | 2024Group; discontinued operations | 2025Group; total | 2024Group; total | Source |
|---|---|---|---|---|---|---|---|
| Earnings/(loss) per share calculation; Group | |||||||
| Profit/(Loss) for the year attributable to ordinary shareholdersS$’000 | 1,126 | (24,503) | – | 7,729 | 1,126 | (16,774) | PDF p. 78 |
Original report: PDF p. 78 ↗
Basic and diluted earnings/(loss) per share from continuing operations are calculated by dividing profit/(loss) from continuing operations, net of tax, attributable to owners of the Company by the weighted average number of ordinary shares (excluding treasury shares) outstanding during the financial year.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group; earnings/(loss) per share, basic and diluted | 2024Group; earnings/(loss) per share, basic and diluted | Source |
|---|---|---|---|
| Earnings/(Loss) per share attributable to owners of the Company (cents) | |||
| Basic and dilutedcents per share | 0.17 | (2.56) | PDF p. 79 |
Original report: PDF p. 79 ↗
The diluted earnings/(loss) per share is the same as the basic earnings/(loss) per share as there were no outstanding convertible securities for both the financial years ended 31 December 2025 and 31 December 2024.
Where the money comes from
| Item / unit | 2025BEST | 2024BEST | 2025Distribution and Services (Discontinued) | 2024Distribution and Services (Discontinued) | 2025Adjustment and elimination | 2024Adjustment and elimination | 2025Consolidated | 2024Consolidated | Source |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| – Segmental revenue – External salesS$'000 | 36,857 | 32,956 | – | 1,266 | – | – | 36,857 | 34,222 | PDF p. 100 |
| Segment results | |||||||||
| Segment resultsS$'000 | 1,131 | (24,526) | – | 5,605 | – | – | 1,131 | (18,921) | PDF p. 100 |
| EBITDA (Note A)S$'000 | 7,709 | 1,530 | – | (579) | – | – | 7,709 | 951 | PDF p. 100 |
| Interest incomeS$'000 | 356 | 539 | – | – | – | – | 356 | 539 | PDF p. 100 |
| Interest expenseS$'000 | (224) | (994) | – | (1) | – | – | (224) | (995) | PDF p. 100 |
| Depreciation on property, plant and equipmentS$'000 | (5,647) | (7,973) | – | (10) | – | – | (5,647) | (7,983) | PDF p. 100 |
| Impairment loss on property, plant and equipmentS$'000 | – | (2,577) | – | – | – | – | – | (2,577) | PDF p. 100 |
| Write-back of stock obsolescence, netS$'000 | 46 | 141 | – | – | – | – | 46 | 141 | PDF p. 100 |
| Allowance on other receivablesS$'000 | (72) | (16,262) | – | – | – | – | (72) | (16,262) | PDF p. 100 |
| Write-back on amounts due from associatesS$'000 | – | 181 | – | – | – | – | – | 181 | PDF p. 100 |
| Loss on disposal of club membershipS$'000 | – | (9) | – | – | – | – | – | (9) | PDF p. 100 |
| Gain on disposal of property, plant and equipmentS$'000 | 38 | 548 | – | – | – | – | 38 | 548 | PDF p. 100 |
| Write-back on trade receivablesS$'000 | 11 | – | – | – | – | – | 11 | – | PDF p. 100 |
| Gain on disposal of other investmentS$'000 | – | 547 | – | – | – | – | – | 547 | PDF p. 100 |
| Gain on liquidation of DGI GroupS$'000 | – | – | – | 6,216 | – | – | – | 6,216 | PDF p. 100 |
| Profit/(Loss) before income taxS$'000 | 2,217 | (24,329) | – | 5,626 | – | – | 2,217 | (18,703) | PDF p. 100 |
| Income tax expenseS$'000 | (1,086) | (197) | – | (21) | – | – | (1,086) | (218) | PDF p. 100 |
| Profit/(Loss) for the yearS$'000 | 1,131 | (24,526) | – | 5,605 | – | – | 1,131 | (18,921) | PDF p. 100 |
| Other information | |||||||||
| Additions to non-current assets (Note B)S$'000 | 3,072 | 1,126 | – | – | – | – | 3,072 | 1,126 | PDF p. 100 |
| Segment assetsS$'000 | 45,115 | 51,862 | – | – | – | – | 45,115 | 51,862 | PDF p. 100 |
| Segment liabilitiesS$'000 | 11,662 | 18,167 | – | – | – | – | 11,662 | 18,167 | PDF p. 100 |
A EBITDA: Earnings before interest expense, interest income, tax, depreciation, amortisation, write off/(back) on allowances and impairment losses.
B Additions to non-current assets consist of additions to property, plant and equipment and right-of-use assets.
Segment performance is evaluated based on operating profit or loss. Group has two strategic segments: BEST and Distribution and Services (Discontinued in 2024 column only).
| Item / unit | 2025Revenue | 2024Revenue | 2025Non-current assets | 2024Non-current assets | Source |
|---|---|---|---|---|---|
| Geographical information | |||||
| PRCS$'000 | 311 | 1,381 | – | 290 | PDF p. 99 |
| SingaporeS$'000 | 181 | 921 | 1,237 | 1,338 | PDF p. 99 |
| MalaysiaS$'000 | 2,263 | 2,264 | 380 | 329 | PDF p. 99 |
| The PhilippinesS$'000 | 27,652 | 22,783 | 10,844 | 15,221 | PDF p. 99 |
| United KingdomS$'000 | 1,868 | 1,944 | 2,923 | 1,337 | PDF p. 99 |
| OthersS$'000 | 4,582 | 4,929 | 220 | 142 | PDF p. 99 |
| Total (unlabelled)S$'000 | 36,857 | 34,222 | 15,604 | 18,657 | PDF p. 99 |
Revenue and non-current assets are based on the geographical location of the entities.
Revenue from 3 major customers amounted to S$29,225,000 (2024: S$24,497,000), arising from sales by the BEST segment.
In prior year, revenue from one major customer amounted to S$790,000, arising from sales by the Distribution and Services segment.
Total row has no printed label.
Debt
| Item / unit | 2025S$'000 | 2024S$'000 | Source |
|---|---|---|---|
| Current liabilities | |||
| Unsecured loan (a)S$'000 | – | 877 | PDF p. 94 |
| Unsecured loan (b)S$'000 | – | 938 | PDF p. 94 |
| Secured loan (c)S$'000 | – | 6,779 | PDF p. 94 |
(a) Unsecured floating rate bank borrowing of a subsidiary bore effective interest rate of 7.25% (2024: 7.25%) per annum. Repayable 90 to 180 days; rolled over; working capital; fully repaid as of 31 December 2025.
(b) Short term unsecured floating rate bank borrowing of a subsidiary bore an effective interest rate of 7.25% (2024: 7.25%) per annum; fully repaid as of 31 December 2025.
(c) Secured fixed rate bank borrowing of a subsidiary bore an effective interest rate of 8.17% (2024: 8.17%) per annum; repayable quarterly from 2024 up till January 2025; secured by a building pledged by a subsidiary; financing machineries purchases; fully repaid as of 31 December 2025.
Total current loans and borrowings: 2025 –, 2024 8,594 (S$'000).
| Item / unit | 2025S$'000 | 2024S$'000 | Source |
|---|---|---|---|
| Currency denomination | |||
| United States dollarS$'000 | – | 6,779 | PDF p. 94 |
| Philippines pesoS$'000 | – | 1,815 | PDF p. 94 |
Total 2025 –, 2024 8,594.
| Item / unit | 2025Group, S$'000 | 2024Group, S$'000 | 2025Company, S$'000 | 2024Company, S$'000 | Source |
|---|---|---|---|---|---|
| Lease liabilities | |||||
| CurrentS$'000 | 371 | 419 | 32 | 91 | PDF p. 96 |
| Non-currentS$'000 | 934 | 267 | – | 32 | PDF p. 96 |
Totals: Group 1,305 (2025), 686 (2024); Company 32 (2025), 123 (2024). Maturity analysis disclosed in Note 35.
| Item / unit | 2025Group, S$'000 | 2024Group, S$'000 | 2025Company, S$'000 | 2024Company, S$'000 | Source |
|---|---|---|---|---|---|
| Currency denomination | |||||
| Singapore dollarS$'000 | 32 | 123 | 32 | 123 | PDF p. 96 |
| Malaysian ringgitS$'000 | 114 | 208 | – | – | PDF p. 96 |
| Great Britain poundS$'000 | 1,159 | 279 | – | – | PDF p. 96 |
| Chinese renminbiS$'000 | – | 76 | – | – | PDF p. 96 |
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Company currently does not have a formal dividend policy. The amount and frequency of dividend payments would depend on, inter alia, the Group’s financial performance and financial position, its expansion plans and working capital needs, and other factors as the Board may deem appropriate. | Company | PDF p. 32 |
Extracted from ASTI HOLDINGS LIMITED Annual Report 2025 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | FORVIS MAZARS LLP | Group | PDF p. 45 |
| Engagement partner | Lai Keng Wei | Group | PDF p. 45 |
| Opinion | In our opinion, the accompanying financial statements of the Group and the statement of financial position of the Company are properly drawn up in accordance with the provisions of the Companies Act 1967 | Group and Company | PDF p. 42 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Expected credit losses (“ECL”) on other receivables | As the determination of the ECL requires significant judgement and estimation of management | Group | PDF p. 43 |
Extracted from ASTI HOLDINGS LIMITED Annual Report 2025 and checked against the cited pages; see the original report for full context.
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow ASTI HOLDINGS LIMITED Annual Report 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.