August 12, 2025
Massy Holdings Limited (MASSY)
Unaudited financials for the nine months ended June 30, 2025:
All figures are stated in TT$ unless otherwise indicated.
Massy Holdings Limited (MASSY) for the nine months ended June 30, 2025, reported a 4% increase in revenue totaling TT$11.84 billion compared to TT$11.39 billion in the corresponding period last year. Revenue for the third quarter had a 4% increase to close at TT$3.92 billion compared to TT$3.77 billion for the comparable quarter of 2024.
Operating profit after finance costs increased by 32% to TT$798.54 million compared to TT$603.60 million for the nine months ended June 30, 2024. The company booked operating profit after finance costs of TT$245.83 million for the third quarter versus TT$232.67 million reported for the similar quarter of 2024.
Share of profit of associates and joint ventures decreased by 90% to close at TT$11.60 million (2024: TT$112.32 million), while profit before tax increased by 13% from TT$715.92 million in 2024 to TT$810.13 million in the period under review. As a result, income tax expense for the nine months ended June 30, 2025, amounted to TT$280.71 million, an 8% increase relative to TT$260.81 million reported in 2024.
Profit for the period from continuing operations for the nine months ended June 30, 2025, amounted to TT$529.42 million, a 16% increase relative to TT$455.11 million reported in 2024. Profit for the period from continuing operations for the third quarter amounted to TT$164.35 million (2024: TT$150.30 million). Profit after tax from discontinued operations totaled TT$13.83 million, a 24% decrease from the corresponding period last year (2024: TT$18.11 million).
Profit for the period for the nine months ended June 30, 2025, amounted to TT$543.25 million, a 15% increase relative to TT$473.22 million reported in 2024. Profit for the period for the third quarter amounted to TT$167.04 million (2024: TT$164.04 million).
Profit attributable to owners of the parent for the nine months ended June 30, 2025, had a 16% increase to reach TT$500.48 million (2024: TT$432.61 million).
Consequently, earnings per share (EPS) for the nine months amounted to TT$0.25 (2024: EPS TT$0.22), while EPS for the quarter totaled TT$0.08 (2024: EPS TT$0.08). The twelve-month trailing EPS was TT$0.34 and the number of shares used in these calculations was 1,979,384,540.
Notably, MASSY’s stock price closed the trading period on August 11, 2025, at a price of TT$76.00 with a corresponding P/E ratio of 8.79x.
Balance Sheet Highlights
The company’s assets totaled TT$15.46 billion (2024: TT$14.92 billion). This increase was attributable to financial assets which amounted to TT$1.74 billion (2024: TT$1.56 billion).
Shareholders’ equity was TT$7.88 billion (2024: TT$7.49 billion), representing a book value per share of TT$3.98 (2024: TT$3.78).
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