Core Insights - The company reported a revenue of approximately 213 million Singapore dollars for the first half of 2025, representing a year-on-year growth of 22% [1] - However, the profit attributable to equity holders decreased by 66% to 1.286 million Singapore dollars, with basic earnings per share at 0.29 Singapore cents [1] Revenue Growth Drivers - The core industrial automation business experienced broad growth, accounting for 84.7% of total revenue, with a year-on-year increase of 6.4%. All major regions and business segments reported growth. When adjusted for fixed exchange rates, the revenue growth for the industrial automation segment reached 10.4% [2] - The renewable energy segment contributed 15.3% to total revenue, with three operational small hydropower plants in Indonesia generating 5.4 million Singapore dollars in revenue, a 7.9% increase year-on-year. Additionally, two more small hydropower plants under construction confirmed construction revenue of 27.1 million Singapore dollars, expected to be operational in 2026, which will increase the company's total installed capacity by 81.3% to 44.6 megawatts [2] Profit Analysis - The net profit attributable to shareholders for the first half of 2025 was 1.3 million Singapore dollars, down from 3.8 million Singapore dollars in the same period of 2024. This decline was primarily due to a 3.2 million Singapore dollar unrealized foreign exchange loss resulting from the revaluation of receivables and payables in the renewable energy business [2] - Excluding the impact of the unrealized foreign exchange loss, the company's core shareholder profit for the first half of 2025 showed a year-on-year increase of 35.1%, reflecting overall improvements in revenue and gross profit, as well as positive operating leverage from cost management [2]