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MoneyMax H1 net profit jumps 77.3% to S$52.5 million on strong core business growth
['Shikhar Gupta']
The Business Times
Revenue for the half-year rose 34.1 per cent to S$325.7 million, up from S$243 million a year earlier, driven by strong growth in its core business segments.
The pawnbroking segment saw revenue climb 60.1 per cent to S$69.2 million from S$43.2 million in H1 2025, supported by higher interest income from an expanding loan portfolio.
Meanwhile, revenue from the retail and trading of gold and luxury items segment grew 30.6 per cent to S$245 million, compared with S$187.7 million previously, driven by higher sales volumes.
Barring unforeseen circumstances, MoneyMax said it expects to increase its profitability for the full year of FY2026 compared to FY2025.
Shares of MoneyMax Financial Services rose 0.6 per cent to close S$0.005 higher at S$0.86 on Tuesday, before the results.