WISYNCO reports 15% decline in year end net profit

August 29, 2025

Wisynco Group Limited (WISYNCO)

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

Wisynco Group Limited (WISYNCO) for the twelve months ended June 30, 2025 reported a 6% increase in Revenue totaling $57.27 billion compared to $54.27 billion in the corresponding period last year. Revenue for the fourth quarter had a 3% increase to close at $14.68 billion compared to $14.19 billion for the comparable quarter of 2024.

Cost of Sales amounted to $37.75 billion (2024: $35.89 billion), this represents an increase of 5% year over year. Consequently, gross profit increased by 6% to $19.52 billion compared to $18.38 billion for the twelve months ended June 30, 2024. The company booked gross profit of $5.00 billion for the fourth quarter versus $4.78 billion reported for the similar quarter of 2024.

Other Income decreased by 29% to close at $211.91 million (2024: $296.82 million), while selling and distribution expenses increased by 14% from $10.64 billion in 2024 to $12.16 billion in the period under review. Additionally, administration expenses for the twelve months ended June 30, 2025 amounted to $2.32 billion, a 9% increase relative to $2.13 billion reported in 2024.

Consequently, Operating Profit for the twelve months ended June 30, 2025, amounted to $5.25 billion, an 11% decrease relative to $5.91 billion reported in 2024. Operating Profit for the fourth quarter amounted to $1.22 billion (2024: $1.32 billion). Finance income totaled $497.26 million, an 11% decrease from the corresponding period last year. (2024: $616.43 million). In contrast, Finance costs increased by 628% to $242.45 million (2024: $33.32 million).

Management noted “Interest income was $119 million lower than the prior year due to the use of cash reserves to fund the company’s expansions throughout the year however the expansion was refinanced by way of a new loan for $4.7 billion in May 2025 which replenished some of the cash advanced for the expansion project.”

Profit Before Tax for the twelve months ended June 30, 2025, amounted to $5.51 billion, a 15% decrease relative to $6.45 billion reported in 2024.

Taxation for the twelve months ended June 30, 2025, had a 14% decrease to reach $1.09 billion (2024: $1.26 billion). Net Profit for the twelve months amounted to $4.41 billion, a 15% decrease from the $5.19 billion reported in 2024.

Consequently, Earnings Per Share for the twelve months amounted to $1.17 (2024: EPS: $1.38), while Earnings Per Share for the quarter totaled $0.25 (2024: EPS: $0.33). The twelve-month trailing EPS was $1.17, and the number of shares used in these calculations was 3,761,250,000.

Notably, WISYNCO’s stock price closed the trading period on August 28, 2025, at a price of $21.92 with a corresponding P/E ratio of 18.88x.

Balance Sheet Highlights

The company’s assets totaled $43.79 billion (2024: $36.81 billion).  The movement in total assets was primarily attributable to a 15% in ‘Plant, property and equipment’ amounting to $17.81 billion ($15.42 billion) and a $2.18 billion increase in ‘Cash and short-term deposits’ amounting to $7.45 billion (2024: $5.28 billion).

Shareholders’ equity was $27.61 billion (2024: $24.77 billion), representing a book value per share of $7.34 (2024: $6.58).

Disclaimer:

Analyst Certification -The views expressed in this research report accurately reflect the personal views of Mayberry Investments Limited Research Department about those issuer (s) or securities as at the date of this report. Each research analyst (s) also certify that no part of their compensation was, is, or will be, directly or indirectly, related to the specific recommendation(s) or view (s) expressed by that research analyst in this research report.

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