MoneyMax reports 78.8% Year On Year higher earnings of $29.6 mil for 1HFY2025 from higher gold prices

MoneyMax Financial Services Ltd. delivered record results for the six months ended 30 June 2025, with net profit rising 76.4% year on year to S$31.8 million and profit before income tax up 77.6% to S$40.1 million. Group revenue climbed 31.2% to S$243.0 million, supported by broad-based growth across its key business segments.

Revenue from retail and trading of gold and luxury items grew 43.2% to S$187.7 million, driven by higher gold prices and increased trading volume. The pawnbroking segment saw a 7.2% lift in revenue to S$43.2 million, underpinned by higher interest income from an expanded receivables portfolio.

The Group maintained a robust financial position, with cash and cash equivalents of S$18.9 million as at 30 June 2025. Executive Chairman and CEO Dato’ Sri Dr. Lim Yong Guan credited the strong performance to the Group’s focus on innovation, sustainable growth, and the strengthening of services across Singapore and Malaysia.

Looking ahead, MoneyMax remains committed to sustaining momentum through organic expansion, strategic acquisitions, and productivity improvements, positioning the Group to capture opportunities in its key markets.

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