OM Holdings acknowledged on Fortune Southeast Asia 500 for second consecutive year

17 June 2025 – OM Holdings Limited (“OMH” or the “Company”), an international manganese and silicon smelting group, is proud to announce its inclusion for the second consecutive year on the prestigious Fortune Southeast Asia 500 list, securing the 378^th position on this year’s ranking.

The Company’s continued inclusion on the Fortune Southeast Asia 500 list is a strong validation of its scale, resilience and sustained operating and financial performance, amid a period of elevated market volatility since 2024. OMH’s results for the financial year ended 31 December 2024 (“FY2024”) reflected the strength of its business model, cost competitiveness, and operational agility in navigating global commodity cycles.

“We are pleased to be recognized once again by Fortune 500 as one of Southeast Asia’s top-performing companies,” said Mr Low Ngee Tong, Executive Chairman and Chief Executive Officer of OMH. “This recognition affirms the consistency of our strategy and operational discipline, particularly during a year where the ferroalloy markets experienced significant pricing swings and cost pressures.”

“In 2024, we operated in an environment marked by sharp manganese alloy price movements, regulatory shifts in China impacting ferrosilicon trade, and broader macroeconomic headwinds. Through it all, our team remained focused on cost control, procurement discipline, and production optimization. These efforts enabled us to deliver record production volumes, remain profitable, and continue creating long-term shareholder value,” Mr Low added.

For FY2024, the Group reported revenue of US$654.3 million, up 11% from the previous year, with more than 500,000 tonnes of ferrosilicon and silicomanganese sold. EBITDA stood at US$76.0 million, while net profit after tax totaled US$9.7 million. The Company also declared a final dividend of A$0.004 per share, in line with its dividend policy.

OMH’s flagship ferroalloy smelting facility in Sarawak, Malaysia, remains one of the largest and most cost-efficient in the region outside China, underpinning its structural competitiveness. Complementing its smelting operations, the Group also maintains a strategic trading and marketing presence in Singapore, Japan, and China. Additionally, OMH owns a manganese asset in Australia poised for ultra-fines processing.

The Fortune Southeast Asia 500 list, launched in June 2024, identifies the top companies in the region based on their annual revenue. For detailed information on the Fortune Southeast Asia 500 list, please visit Fortune.