PSC Corporation Ltd. posted a net profit attributable to shareholders of S$21.6 million for the year ended 31 Dec 2025, down 5.0 per cent year-on-year, as lower earnings from its packaging arm and a goodwill impairment offset stronger sales in the consumer division. Group revenue slipped 2.4 per cent to S$477.2 million.
Earnings per share decreased to 3.97 Singapore cents from 4.17 cents a year earlier. The board has proposed a final tax-exempt dividend of 1.8 cents per share, bringing the full-year payout to 2.0 cents (FY2024: 1.8 cents). Subject to shareholder approval at the 24 Apr 2026 AGM, the final dividend will be paid on 18 Jun 2026 to shareholders on the register as at 5 Jun 2026.
Segmentally, the Consumer Essentials division increased revenue 4.7 per cent to S$245.8 million and generated operating profit of S$14.2 million. Net finance income lifted its pre-tax contribution to about S$16.5 million. Strategic Investments (Packaging) saw revenue decline 8.8 per cent to S$231.4 million, with operating profit of S$18.2 million and pre-tax earnings of roughly S$20.8 million, reflecting weaker China demand, competitive pricing and Renminbi depreciation. Group profit before tax fell 7.1 per cent to S$35.5 million.
Higher staff-related costs in the consumer business pushed distribution expenses up 4.9 per cent to S$51.0 million, while administrative expenses eased 3.2 per cent on lower bonuses. Finance costs dropped 26.4 per cent to S$1.8 million, helped by mark-to-market gains on financial assets.
The Singapore-listed group ended December with cash and cash equivalents of S$213.1 million against total borrowings of S$85.2 million, leaving it in a net cash position.
Looking ahead, management said the consumer-goods market remains highly competitive as supermarket chains expand their house-brand offerings, while the corrugated packaging sector in China continues to face excess capacity and pricing pressure. The company plans to step up marketing to strengthen brand loyalty, pursue cost-management, efficiency and automation initiatives, and deepen engagement with key customers. It is also exploring new business opportunities to support longer-term growth while leveraging its net-cash balance sheet.