Chasen Holdings

Chasen’s profits in 1HFY2025 surged to $26.8 mil, up from $816,000 last year - THE EDGE SINGAPORE

Results

Chasen’s profits in 1HFY2025 surge to $26.8 mil, up from $816,000 last year

Chasen released its 1HFY2025 update on Nov 11.

Results

Chasen Holdings reports FY2024 net loss of $6.57 million; clinches $34.2 mil in new projects

Revenue for FY2024 was down 17% y-o-y to $95.7 million.

Company in the news

Chasen flags FY2024 loss as logistics property is being rebuilt

Chasen's $67.4 mil sale of regional logistics assets to Kuehne + Nagel is pending completion

M&A

Chasen confirms sale of regional operating units to Kuehne+Nagel for $67.4 million

On a pro forma basis, Chasen's NTA as at March 31 2023 would be 25.49 cents per share, versus the actual 15.4 cents reported

Company in the news

Chasen Holdings to sell stake in subsidiaries for $67.4 million

On Sept 22, the company held the ground-breaking of a new $78 million facility in Singapore
Chasen Holdings has won contracts worth a total of $12.4 million - THE EDGE SINGAPORE

Contracts

Chasen Holdings has won contracts worth a total of $12.4 million

The new orders will keep us busy for the financial year ahead, says Low Weng Fatt, Chasen's managing director and CEO.
Chasen Holdings secures $8.2 mil worth of new logistics projects - THE EDGE SINGAPORE

Contracts

Chasen Holdings secures $8.2 mil worth of new logistics projects

Shares in Chasen closed 0.1 cent higher or 1.8% up at 5.8 cents on Dec 9.

Contracts

Chasen Holdings secures $21 mil worth of projects, said to have positive financial impact in 2H20

Mainboard-listed Chasen Holdings announced on July 30 that it has secured a total value of $21 million in contracts through its specialist relocation and its technical & engineering (T&E) business segment.

Company in the news

Chasen says no injuries, business as usual after fire scorches Jalan Besut warehouse

The fire raged on for nearly eight hours on Monday night.

Results

Chasen reports 7% lower FY19 earnings of $5.4 mil on higher tax expenses

SINGAPORE (May 31): Chasen Holdings, the Pan-Asian logistics specialist, reported FY19 earnings of $5.4 million, down 7% from a year ago on lower operating income and higher income tax expense.
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