Emerging Towns & Cities Singapore Ltd.: FY2025 Profit Guidance and Business Update
Emerging Towns & Cities Singapore Ltd. (ETC Singapore), a company listed in Singapore, has released its profit guidance for the financial year ended 31 December 2025 (FY2025). Below is a structured analysis of the announcement, focusing on key disclosures relevant to investors.
Key Financial Highlights
The company’s board has indicated a significant improvement in profit before tax (PBT) for FY2025. This improvement is based on a preliminary review of unaudited financial results. The main driver for this performance is an increase in revenue from live streaming e-commerce and related business in the People’s Republic of China.
Financial Metrics Table
As the report is a profit guidance and does not include specific financial figures or a full set of financial statements, the table below summarizes the available qualitative information:
| Metric |
FY2025 (Guidance) |
FY2024 |
YoY Change |
| Profit Before Tax (PBT) |
Significant improvement expected |
Not disclosed |
Expected to be higher |
| Revenue (China E-commerce) |
Increase expected |
Not disclosed |
Expected to be higher |
| EPS |
Not disclosed |
Not disclosed |
N/A |
| Dividends |
Not disclosed |
Not disclosed |
N/A |
Corporate and Regulatory Updates
- Trading Suspension: The company’s shares have been suspended from trading on the Singapore Exchange (SGX-ST) since 3 March 2021. This suspension remains in place.
- Financial Results Announcement: The final unaudited financial results for FY2025 are expected to be announced on or about 27 February 2026.
- Shareholder Caution: The company emphasizes that shareholders and potential investors should be cautious and consult professional advisers regarding any actions to be taken concerning the shares.
Events Impacting Business Outlook
- Growth Driver: The primary reason for the profitability improvement is an increase in revenue from live streaming e-commerce and related business activities in China.
- No Further Disclosures: There are no mentions of asset revaluations, exceptional items, dividends, director remuneration, share buybacks, fundraising, or other corporate actions in the current announcement.
Outlook and Conclusion
Based on the information provided, Emerging Towns & Cities Singapore Ltd. anticipates a much stronger financial performance for FY2025, underpinned by its expansion in China’s live streaming e-commerce sector. However, the company’s shares remain suspended, and there is no concrete timeline or assurance given for the resumption of trading. The absence of detailed financial figures, dividend disclosures, or additional operational updates limits the ability to make a comprehensive assessment.
Overall, the outlook appears cautiously positive in terms of business performance, but the continued trading suspension represents a significant risk for current and potential investors.
Investment Recommendations
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If you currently hold shares: Given the trading suspension and the lack of clarity on when or if it will be lifted, it is advisable to monitor further announcements closely and seek professional advice regarding your position. The improved business outlook is positive, but liquidity risk remains high.
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If you do not currently hold shares: As the shares are suspended and cannot be traded, it is prudent to refrain from any investment action until there is greater clarity on the lifting of the suspension and more detailed financial disclosures.
Disclaimer: This analysis is based solely on the content of the company’s profit guidance announcement and does not constitute financial advice. Investors should consult professional advisers and consider their own risk tolerance before making investment decisions.
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