Latest Southeast Asia News

Adrad Holdings reported an 8.9% rise in FY25 sales revenue to $153.1 million despite a slight dip in EBITDA, while declaring a fully franked dividend and outlining strategic initiatives for FY26.

Adrad Holdings reported solid FY25 results with revenue climbing 8.9% to $153.1 million, despite a slight dip in EBITDA due to cost pressures. The company boosted its dividend by 18%, reflecting confidence in future growth.

BlueScope Steel reported a resilient FY2025 with $738 million underlying EBIT despite soft market conditions, advancing key growth and decarbonisation initiatives. The company extends its buy-back program and maintains a strong balance sheet as it targets significant earnings uplift by 2030.

BlueScope Steel reported a sharp decline in FY2025 underlying EBIT to $738 million, weighed down by a significant impairment in its North American Coated Products business. Despite the setback, the company projects a confident start to FY2026 with targeted cost savings and growth initiatives.

BlueScope Steel’s FY2025 results reveal a significant earnings decline driven by lower steel spreads and a major impairment in its North American coated products business, while maintaining a strong balance sheet and extending its buy-back program.

SportsHero Limited reveals key details of its exclusive distribution deal with Yes2Games, targeting mobile game markets in Indonesia, the Philippines, Thailand, and Malaysia, though revenue impact remains pending.

SportsHero Limited has entered the Southeast Asian mobile gaming market by signing an exclusive distribution agreement with Yes2Games, bringing globally popular titles like Fruit Ninja and Jetpack Joyride to Indonesia, the Philippines, Thailand, and Malaysia.

BP8 Indonesia has locked in a US$375,000 trade financing facility with Singapore’s Equenita Natural Resources, aiming to expand seaweed procurement and processing ahead of a new warehouse launch in Makassar.

RooLife Group Ltd has successfully raised $2 million through an oversubscribed strategic placement, positioning the company to expand its e-commerce footprint across key international markets.

GBM Resources has appointed Daniel Hastings as its new CEO, bringing 25 years of global mining expertise to drive strategic growth and operational excellence.

Horizon Oil has completed its acquisition of significant interests in two producing gas fields in Thailand, adding 2,100 barrels of oil equivalent per day to its portfolio and expanding its footprint in Southeast Asia.

InFocus Group Holdings has secured a major $3.25 million contract to develop an advanced iGaming platform, while expanding its footprint with Chubb Life Assurance Thailand and other Southeast Asian clients.