1H2026 revenue grew 3% yoy to S$87.2 million, with higher contributions from both project
services and maintenance services, while gross margin expanded one percentage point to 23.6%
Net cash position more than doubled from $4.1 million as at 31 December 2025 to S$10.2 million
as at 30 June 2026, supported by S$11.4 million in operating cash flow and the full repayment of two loan facilities
Interim dividend rises 21% yoy from 0.8276 to 1.0008 Singapore cent per ordinary share, with
the dividend payout ratio maintained at 40% and an annualised dividend yield of 4.0%1 for 1H2026
Record orderbook of S$254.3 million comprising 44% project services and 56% maintenance
services, including S$71.5 million contract wins to be delivered mainly over the next 36 months.
Business Outlook
As at 30 June 2026, the Group's outstanding orderbook grew to a record S$254.3 million, comprising S$111.3
million from the PS segment and S$143.0 million from the MS segment, including approximately S$71.5 million
in new contracts. The contract wins comprise S$12.8 million from the MS segment and S$58.6 million from the
PS segment. Deliveries for these orders are expected to be fulfilled mainly over the next 36 months, although
fulfilment remains subject to possible rescheduling, variation, or cancellation by customers.
No comments:
Post a Comment