MFS reports year end net profit of $85.77 million

August 18, 2025

MFS Capital Partners Limited(MFS)

Unaudited financials for the twelve months ended June 30, 2025:

MFS Capital Partners Limited (MFS) for the twelve months ended June 30, 2025, reported an 850% increase in Revenue totaling $271.19 million compared to $28.54 million in the corresponding period last year. Revenue for the fourth quarter had a 69,391% increase to close at $92.08 million compared to $132,500 for the comparable quarter of 2024.

 

Cost of sales amounted to $124.53 million (2024: $12.46 million), representing a 899% year-over-year increase. Consequently, gross profit increased by 812% to $146.66 million compared to $16.07 million for the twelve months ended June 30, 2024. The company booked gross profit of $51.13 million for the fourth quarter, compared to $20.45 reported for the same quarter of 2024.

 

Other operating income increases by 702% to close at $68.69 million (2024: $8.57 million), while Administrative expenses increase by 11% from $82.54 million in 2024 to $91.23 million in the period under review. As a result, operating profit for the twelve months ended June 30, 2025 amounted to $124.12 million, a 315% increase relative to loss of $57.63 million reported in 2024.

 

Finance costs, net for the twelve months ending June 30, 2025, amounted to $9.13 million, a 1334% increase relative to $636,528 reported in 2024. Finance costs, net for the fourth quarter amounted to $3.53 million (2024: $1.58 million). Profit before taxation totaled $114.99 million, a 297% increase from the corresponding period last year. (2024: loss of $58.27 million).

 

Taxation for the twelve months ended June 30, 2025, amounted to $29.22 million, a 366% increase relative to $6.28 million reported in 2024. Taxation for the fourth quarter amounted to $10.71 million.

 

Net Profit for the twelve months ended June 30, 2025, had a 233% increase to reach $85.77 million (2024: loss of $64.55 million). Net profit for the quarter was $15.52 million versus loss of $10.55 million for the prior comparable period.

 

Consequently, Earnings Per Share for the twelve months amounted to $0.13 (2024: LPS: $0.08), while Earnings Per Share for the quarter totaled $0.02 (2024: LPS: $0.02). The  number of shares used in these calculations was 400,000,000.

Notably, MFS’s stock price closed the trading period on August 14, 2025 at a price of $0.47 with a corresponding P/E ratio of 3.62x.

 

Balance Sheet Highlights

The company’s assets totalled $872.68 million (2024: $821.10 million). The company’s total assets was driven by a 30% YoY increase in the “Due to related Companies” account, ending the year at 223.45 million (2024: $171.35 million), a 86% YoY increase in “Receivables” ending the year at $42.26 million (2024: $22.75 million) and a 2% YoY increase in “Cash & bank Balances” ending the year at $64.08 million (2024: $62.96 million).

 

Shareholders’ equity was $268.61 million (2024: $183.69 million), representing a book value per share of $0.41 (2024: $0.28).

 

Disclaimer:

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