Charisma Energy rebounds to $53.2m full-year profit in 2025 on debt forgiveness gain
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Charisma Energy Services Limited reported a net profit of $53.18m for the financial year ending December 31, 2025, recovering from a net loss of $1.56m in 2024. The profit included a $53.05m gain from debt forgiveness following a restructuring exercise. Basic earnings per share rose to 33.513 Singapore cents, while total revenue decreased to $7.35m. The company’s net assets improved to $16.71m, and debt fell significantly. No dividend was declared, and a name change to "Khen Energy Limited" is proposed, pending shareholder approval.
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Source: Singapore Business Review The copyright of this article belongs to the original author/organization.
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