Union Gas FY2025 EV Charging Services and Industrial Gases revenue jumps 564.3% to SGD 0.9 million

Reuters02-26 18:46
Union Gas FY2025 EV Charging Services and Industrial Gases revenue jumps 564.3% to SGD 0.9 million

Union Gas reported FY2025 total revenue of SGD 137.9 million, up 9.9%, while net profit fell 15.8% to SGD 10.5 million. Gross profit rose 1.9% to SGD 48.3 million and gross profit margin declined by 2.8 percentage points to 35.0%. Net asset value per share was 24.55 Singapore cents as at 31 Dec 2025. By segment in FY2025, Gas Fuel revenue was SGD 106.7 million, down 2.8%, Liquid Fuel revenue rose 93.9% to SGD 30.3 million, and EV Charging Services and Industrial Gases revenue increased to SGD 0.9 million from SGD 0.1 million, driven by higher EV charging nozzle count and higher industrial gases demand. Union Gas proposed a final dividend of 1.00 Singapore cent per share for FY2025, taking the full-year dividend to 1.48 Singapore cents per share. The company highlighted contributions from its recently opened Dunman Road service station as a new income stream, and said its Queensway service station launched in February 2026; it expects Dunman Road and Queensway to contribute full-year revenue and about 11 months of sales respectively in FY2026, and noted it has been awarded a Marsiling service station site expected to commence operations in 2027.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Union Gas Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: TL9AJF9JEX49N3ZK) on February 26, 2026, and is solely responsible for the information contained therein.

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