Tai Sin Electric 500

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Financials

ANNUAL REPORT 2026

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Group and Company balance sheets — FY2026 source / page 87

33 metrics

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Group and Company balance sheets — FY2026 source / page 87 from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	2026Company	2025Company	Source
Current assets
Cash and bank balancesSingapore dollars thousands	44,561	38,261	18,708	11,521	PDF p. 87
Trade receivablesSingapore dollars thousands	145,510	130,942	53,105	66,219	PDF p. 87
Other receivablesSingapore dollars thousands	16,360	11,000	7,521	3,376	PDF p. 87
Contract assetsSingapore dollars thousands	3,196	3,077	–	–	PDF p. 87
Derivative financial instrumentsSingapore dollars thousands	917	283	917	340	PDF p. 87
InventoriesSingapore dollars thousands	169,715	128,619	65,044	63,334	PDF p. 87
Total current assetsSingapore dollars thousands	380,259	312,182	145,295	144,790	PDF p. 87
Non-current assets
Other receivablesSingapore dollars thousands	81	506	–	–	PDF p. 87
SubsidiariesSingapore dollars thousands	–	–	74,042	60,987	PDF p. 87
AssociatesSingapore dollars thousands	13,889	11,090	–	–	PDF p. 87
Property, plant and equipmentSingapore dollars thousands	40,297	38,196	11,919	10,757	PDF p. 87
Right-of-use assetsSingapore dollars thousands	14,499	10,022	6,904	3,091	PDF p. 87
Investment propertiesSingapore dollars thousands	2,719	2,621	–	–	PDF p. 87
GoodwillSingapore dollars thousands	129	129	–	–	PDF p. 87
Intangible assetsSingapore dollars thousands	172	340	–	–	PDF p. 87
Deferred tax assetsSingapore dollars thousands	5,483	461	4,263	243	PDF p. 87
Total non-current assetsSingapore dollars thousands	77,269	63,365	97,128	75,078	PDF p. 87
Total assetsSingapore dollars thousands	457,528	375,547	242,423	219,868	PDF p. 87
Current liabilities
Bank borrowingsSingapore dollars thousands	97,253	84,384	33,912	38,326	PDF p. 87
Trade payablesSingapore dollars thousands	51,756	31,012	13,244	10,358	PDF p. 87
Other payablesSingapore dollars thousands	15,750	11,758	5,591	4,915	PDF p. 87
Contract liabilitiesSingapore dollars thousands	10,321	4,708	586	91	PDF p. 87
Derivative financial instrumentsSingapore dollars thousands	731	1,007	–	1,007	PDF p. 87
Provision for onerous contractsSingapore dollars thousands	23,894	755	23,894	755	PDF p. 87
Lease liabilitiesSingapore dollars thousands	1,839	1,529	311	408	PDF p. 87
Income tax payableSingapore dollars thousands	6,068	4,214	3,925	3,606	PDF p. 87
Total current liabilitiesSingapore dollars thousands	207,612	139,367	81,463	59,466	PDF p. 87
Non-current liabilities
Bank borrowingsSingapore dollars thousands	8,980	–	5,872	–	PDF p. 87
Other payablesSingapore dollars thousands	2,109	442	1,391	–	PDF p. 87
Lease liabilitiesSingapore dollars thousands	10,922	8,692	5,532	3,001	PDF p. 87
Derivative financial instrumentsSingapore dollars thousands	245	–	–	–	PDF p. 87
Deferred tax liabilitiesSingapore dollars thousands	1,406	1,559	–	–	PDF p. 87
Total non-current liabilitiesSingapore dollars thousands	23,662	10,693	12,795	3,001	PDF p. 87

Definitions & sources

Original report: PDF p. 87 ↗

Group and Company balance sheets — FY2026 source / page 88

7 metrics

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Group and Company balance sheets — FY2026 source / page 88 from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	2026Company	2025Company	Source
Capital, reserves and non-controlling interests
Share capitalSingapore dollars thousands	63,712	63,712	63,712	63,712	PDF p. 88
Treasury sharesSingapore dollars thousands	(950)	(950)	(950)	(950)	PDF p. 88
ReservesSingapore dollars thousands	161,145	159,399	85,403	94,639	PDF p. 88
Equity attributable to the owners of the companySingapore dollars thousands	223,907	222,161	148,165	157,401	PDF p. 88
Non-controlling interestsSingapore dollars thousands	2,347	3,326	–	–	PDF p. 88
Total equitySingapore dollars thousands	226,254	225,487	148,165	157,401	PDF p. 88
Total liabilities and equitySingapore dollars thousands	457,528	375,547	242,423	219,868	PDF p. 88

Definitions & sources

Original report: PDF p. 88 ↗

Group income and comprehensive income — FY2026 source

24 metrics

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Group income and comprehensive income — FY2026 source from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	Source
Group income and comprehensive income — FY2026 source
RevenueSingapore dollars thousands	597,247	480,727	PDF p. 89
Cost of salesSingapore dollars thousands	(528,601)	(400,525)	PDF p. 89
Gross profitSingapore dollars thousands	68,646	80,202	PDF p. 89
Other operating incomeSingapore dollars thousands	6,328	5,291	PDF p. 89
Selling and distribution expensesSingapore dollars thousands	(29,684)	(26,500)	PDF p. 89
Administrative expensesSingapore dollars thousands	(28,888)	(24,194)	PDF p. 89
Other operating expensesSingapore dollars thousands	(1,585)	(1,542)	PDF p. 89
Finance costsSingapore dollars thousands	(2,868)	(2,681)	PDF p. 89
Share of profit of associatesSingapore dollars thousands	1,354	425	PDF p. 89
Profit before income taxSingapore dollars thousands	13,303	31,001	PDF p. 89
Income tax expenseSingapore dollars thousands	(2,851)	(4,880)	PDF p. 89
Profit for the yearSingapore dollars thousands	10,452	26,121	PDF p. 89
Other comprehensive income (loss):
Items that may be reclassified subsequently to profit or loss: Exchange differences on translation of foreign operationsSingapore dollars thousands	1,279	(215)	PDF p. 89 Label p. 89
Items that may be reclassified subsequently to profit or loss:
Changes in share of other comprehensive (loss) income of associatesSingapore dollars thousands	(35)	127	PDF p. 89
Other comprehensive income (loss) for the year, net of taxSingapore dollars thousands	1,244	(88)	PDF p. 89
Total comprehensive income for the yearSingapore dollars thousands	11,696	26,033	PDF p. 89
Profit for the year attributable to:
Owners of the companySingapore dollars thousands	11,197	25,945	PDF p. 89
Items that may be reclassified subsequently to profit or loss:
Non-controlling interestsSingapore dollars thousands	(745)	176	PDF p. 89
SubtotalSingapore dollars thousands	10,452	26,121	PDF p. 89
Total comprehensive income attributable to:
Owners of the companySingapore dollars thousands	12,582	25,919	PDF p. 89
Non-controlling interestsSingapore dollars thousands	(886)	114	PDF p. 89
SubtotalSingapore dollars thousands	11,696	26,033	PDF p. 89
Earnings per share
Basic (cents)Singapore cents per share	2.43	5.64	PDF p. 89
Diluted (cents)Singapore cents per share	2.43	5.64	PDF p. 89

Definitions & sources

Original report: PDF p. 89 ↗

Group changes in equity — FY2026 source / ending 2025

11 metrics

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Group changes in equity — FY2026 source / ending 2025 from ANNUAL REPORT 2026
Metric / unit	2025GroupShare capital	2025GroupTreasury shares	2025GroupForeign currency translation reserve	2025GroupOther reserves	2025GroupAccumulated profits	2025GroupEquity attributable to shareholders of the company	2025GroupNon-controlling interests	2025GroupTotal equity	Source
Group
Balance at 1 July 2024Singapore dollars thousands	63,712	(950)	(5,540)	(912)	150,574	206,884	1,766	208,650	PDF p. 90
Total comprehensive income
Total comprehensive income (loss) for the year: Profit for the yearSingapore dollars thousands	–	–	–	–	25,945	25,945	176	26,121	PDF p. 90 Label p. 90
Other comprehensive loss for the yearSingapore dollars thousands	–	–	(26)	–	–	(26)	(62)	(88)	PDF p. 90 Label p. 90
TotalSingapore dollars thousands	–	–	(26)	–	25,945	25,919	114	26,033	PDF p. 90
Transactions with owners, recognised directly in equity: Non-controlling interest arising from an acquisition of a subsidiary (Note 40)(a)Singapore dollars thousands	–	–	–	–	–	–	1,485	1,485	PDF p. 90 Label p. 90
Share of post- acquisition reserve from an associateSingapore dollars thousands	–	–	–	174	–	174	–	174	PDF p. 90 Label p. 90
Dividend paid to non- controlling interestsSingapore dollars thousands	–	–	–	–	–	–	(39)	(39)	PDF p. 90 Label p. 90
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	–	–	(7,364)	(7,364)	–	(7,364)	PDF p. 90 Label p. 90
Interim dividend for the financial year paidSingapore dollars thousands	–	–	–	–	(3,452)	(3,452)	–	(3,452)	PDF p. 90 Label p. 90
TotalSingapore dollars thousands	–	–	–	174	(10,816)	(10,642)	1,446	(9,196)	PDF p. 90
Balance at 30 June 2025Singapore dollars thousands	63,712	(950)	(5,566)	(738)	165,703	222,161	3,326	225,487	PDF p. 90

Definitions & sources

Original report: PDF p. 90 ↗

Group changes in equity — FY2026 source / ending 2026

10 metrics

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Group changes in equity — FY2026 source / ending 2026 from ANNUAL REPORT 2026
Metric / unit	2026GroupShare capital	2026GroupTreasury shares	2026GroupForeign currency translation reserve	2026GroupOther reserves	2026GroupAccumulated profits	2026GroupEquity attributable to shareholders of the company	2026GroupNon-controlling interests	2026GroupTotal equity	Source
Group
Balance at 1 July 2025Singapore dollars thousands	63,712	(950)	(5,566)	(738)	165,703	222,161	3,326	225,487	PDF p. 91
Total comprehensive income
Total comprehensive income (loss) for the year: Profit (Loss) for the yearSingapore dollars thousands	–	–	–	–	11,197	11,197	(745)	10,452	PDF p. 91 Label p. 91
Other comprehensive income (loss) for the yearSingapore dollars thousands	–	–	1,385	–	–	1,385	(141)	1,244	PDF p. 91 Label p. 91
TotalSingapore dollars thousands	–	–	1,385	–	11,197	12,582	(886)	11,696	PDF p. 91
Transactions with owners, recognised directly in equity: Share of post- acquisition reserve from an associateSingapore dollars thousands	–	–	–	(20)	–	(20)	–	(20)	PDF p. 91 Label p. 91
Dividend paid to non- controlling interestsSingapore dollars thousands	–	–	–	–	–	–	(93)	(93)	PDF p. 91 Label p. 91
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	–	–	(7,364)	(7,364)	–	(7,364)	PDF p. 91 Label p. 91
Interim dividend for the financial year paidSingapore dollars thousands	–	–	–	–	(3,452)	(3,452)	–	(3,452)	PDF p. 91 Label p. 91
TotalSingapore dollars thousands	–	–	–	(20)	(10,816)	(10,836)	(93)	(10,929)	PDF p. 91
Balance at 30 June 2026Singapore dollars thousands	63,712	(950)	(4,181)	(758)	166,084	223,907	2,347	226,254	PDF p. 91

Definitions & sources

Original report: PDF p. 91 ↗

Company changes in equity — FY2026 source / ending 2025

6 metrics

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Company changes in equity — FY2026 source / ending 2025 from ANNUAL REPORT 2026
Metric / unit	2025CompanyShare capital	2025CompanyTreasury shares	2025CompanyAccumulated profits	2025CompanyTotal equity	Source
Company
Balance at 1 July 2024Singapore dollars thousands	63,712	(950)	82,251	145,013	PDF p. 92
Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands	–	–	23,204	23,204	PDF p. 92 Label p. 92
Transactions with owners, recognised directly in equity:
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	(7,364)	(7,364)	PDF p. 92
Company
Interim dividend for the financial year paidSingapore dollars thousands	–	–	(3,452)	(3,452)	PDF p. 92
TotalSingapore dollars thousands	–	–	(10,816)	(10,816)	PDF p. 92
Balance at 30 June 2025Singapore dollars thousands	63,712	(950)	94,639	157,401	PDF p. 92

Definitions & sources

Original report: PDF p. 92 ↗

Company changes in equity — FY2026 source / ending 2026

6 metrics

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Company changes in equity — FY2026 source / ending 2026 from ANNUAL REPORT 2026
Metric / unit	2026CompanyShare capital	2026CompanyTreasury shares	2026CompanyAccumulated profits	2026CompanyTotal equity	Source
Company
Balance at 30 June 2025Singapore dollars thousands	63,712	(950)	94,639	157,401	PDF p. 92
Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands	–	–	1,580	1,580	PDF p. 92 Label p. 92
Transactions with owners, recognised directly in equity:
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	(7,364)	(7,364)	PDF p. 92
Company
Interim dividend for the financial year paidSingapore dollars thousands	–	–	(3,452)	(3,452)	PDF p. 92
TotalSingapore dollars thousands	–	–	(10,816)	(10,816)	PDF p. 92
Balance at 30 June 2026Singapore dollars thousands	63,712	(950)	85,403	148,165	PDF p. 92

Definitions & sources

Original report: PDF p. 92 ↗

Group cash flows — FY2026 source / page 93

32 metrics

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Group cash flows — FY2026 source / page 93 from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	Source
Operating activities
Profit before income taxSingapore dollars thousands	13,303	31,001	PDF p. 93
Adjustments for:
Depreciation of property, plant and equipmentSingapore dollars thousands	5,811	5,745	PDF p. 93
Depreciation of investment propertiesSingapore dollars thousands	52	50	PDF p. 93
Depreciation of right-of-use assetsSingapore dollars thousands	2,161	1,725	PDF p. 93
Amortisation of intangible assetsSingapore dollars thousands	306	116	PDF p. 93
Interest incomeSingapore dollars thousands	(201)	(153)	PDF p. 93
Interest expenseSingapore dollars thousands	2,868	2,681	PDF p. 93
Gain on the bargain purchase of acquisition of subsidiaries (Note 40)Singapore dollars thousands	(4,027)	(163)	PDF p. 93
Gain on disposal of a subsidiary (Note 39)Singapore dollars thousands	(3)	(2,199)	PDF p. 93
Gain on disposal of property, plant and equipmentSingapore dollars thousands	(139)	(36)	PDF p. 93
Gain on disposal of right-of-use assetsSingapore dollars thousands	(4)	(12)	PDF p. 93
Loss on disposal of an associateSingapore dollars thousands	–	27	PDF p. 93
Property, plant and equipment written offSingapore dollars thousands	17	42	PDF p. 93
Bad debts written off (recovered)Singapore dollars thousands	263	(3)	PDF p. 93
Loss allowance for (Reversal of) trade and other receivablesSingapore dollars thousands	1,306	(64)	PDF p. 93
Provision for (Reversal of) onerous contractsSingapore dollars thousands	23,139	(3,322)	PDF p. 93
Inventories written offSingapore dollars thousands	629	708	PDF p. 93
Allowance for inventories obsolescenceSingapore dollars thousands	177	584	PDF p. 93
Fair value adjustments on derivative financial instruments taken to profit or lossSingapore dollars thousands	(671)	1,468	PDF p. 93
Share of profit of associatesSingapore dollars thousands	(1,354)	(425)	PDF p. 93
Exchange differencesSingapore dollars thousands	128	(739)	PDF p. 93
Operating cash flows before movement in working capitalSingapore dollars thousands	43,761	37,031	PDF p. 93
Trade receivablesSingapore dollars thousands	(8,320)	(20,236)	PDF p. 93
Other receivablesSingapore dollars thousands	(4,835)	(2,762)	PDF p. 93
Contract assetsSingapore dollars thousands	(140)	68	PDF p. 93
InventoriesSingapore dollars thousands	(29,484)	(22,146)	PDF p. 93
Trade payablesSingapore dollars thousands	20,320	5,037	PDF p. 93
Other payablesSingapore dollars thousands	(4,238)	1,703	PDF p. 93
Contract liabilitiesSingapore dollars thousands	5,445	45	PDF p. 93
Cash generated from (used in) operationsSingapore dollars thousands	22,509	(1,260)	PDF p. 93
Income tax paidSingapore dollars thousands	(5,750)	(3,936)	PDF p. 93
Net cash from (used in) operating activitiesSingapore dollars thousands	16,759	(5,196)	PDF p. 93

Definitions & sources

Original report: PDF p. 93 ↗

Group cash flows — FY2026 source / page 94

21 metrics

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Group cash flows — FY2026 source / page 94 from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	Source
Investing activities
Acquisition of subsidiaries (net of cash acquired) (Note 40)Singapore dollars thousands	(3,811)	(716)	PDF p. 94
Acquisition of an associate (Note 13)Singapore dollars thousands	(1,500)	–	PDF p. 94
Purchase of property, plant and equipmentSingapore dollars thousands	(7,665)	(4,753)	PDF p. 94
Proceeds from disposal of a subsidiary (Note 39)Singapore dollars thousands	3	73	PDF p. 94
Proceeds from disposal of an associateSingapore dollars thousands	–	913	PDF p. 94
Proceeds from disposal of property, plant and equipmentSingapore dollars thousands	251	98	PDF p. 94
Proceeds from disposal of quoted sharesSingapore dollars thousands	–	2	PDF p. 94
Dividend received from an associateSingapore dollars thousands	–	225	PDF p. 94
Interest receivedSingapore dollars thousands	201	153	PDF p. 94
Net cash used in investing activitiesSingapore dollars thousands	(12,521)	(4,005)	PDF p. 94
Financing activities
Proceeds from bank borrowingsSingapore dollars thousands	273,350	187,919	PDF p. 94
Repayment of bank borrowingsSingapore dollars thousands	(253,305)	(152,423)	PDF p. 94
Repayment of principal portion of lease liabilitiesSingapore dollars thousands	(4,100)	(1,867)	PDF p. 94
Interest paidSingapore dollars thousands	(2,868)	(2,681)	PDF p. 94
Dividends paidSingapore dollars thousands	(10,816)	(10,816)	PDF p. 94
Dividends paid to non-controlling interestsSingapore dollars thousands	(93)	(39)	PDF p. 94
Net cash from financing activitiesSingapore dollars thousands	2,168	20,093	PDF p. 94
Net increase in cash and cash equivalentsSingapore dollars thousands	6,406	10,892	PDF p. 94
Cash and cash equivalents at beginning of yearSingapore dollars thousands	38,261	27,417	PDF p. 94
Effects of exchange rate changes on the balance of cash held in foreign currenciesSingapore dollars thousands	(106)	(48)	PDF p. 94
Cash and cash equivalents at end of yearSingapore dollars thousands	44,561	38,261	PDF p. 94

Definitions & sources

Original report: PDF p. 94 ↗

Five-year financial highlights — FY2022–FY2026

5 metrics

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Five-year financial highlights — FY2022–FY2026 from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	2024Group	2023Group	2022Group	Source
Five-year financial highlights
TurnoverSingapore dollars millions	597.25	480.73	400.68	421.73	379.05	PDF p. 7
Profit before income taxSingapore dollars millions	13.30	31.00	20.43	21.39	27.28	PDF p. 7
Shareholders’ fundsSingapore dollars millions	223.91	222.16	206.88	204.81	201.69	PDF p. 7
Net asset value per shareSingapore cents per share	48.65	48.27	44.95	44.50	43.82	PDF p. 7
Earnings per shareSingapore cents per share	2.43	5.64	3.17	3.62	4.78	PDF p. 7

Definitions & sources

Original report: PDF p. 7 ↗

Cash composition

3 metrics

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Cash composition from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	2026Company	2025Company	Source
Cash composition
Cash and bank balancesSingapore dollars thousands	44,189	37,857	18,708	11,521	PDF p. 126
Fixed depositsSingapore dollars thousands	372	404	–	–	PDF p. 126
SubtotalSingapore dollars thousands	44,561	38,261	18,708	11,521	PDF p. 126

Definitions & sources

Original report: PDF p. 126 ↗

Bank borrowings composition

5 metrics

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Bank borrowings composition from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	2026Company	2025Company	Source
Bank borrowings composition
Bank loansSingapore dollars thousands	16,727	4,231	7,108	–	PDF p. 156
Trust receipts and bills payable to banksSingapore dollars thousands	89,506	80,153	32,676	38,326	PDF p. 156
TotalSingapore dollars thousands	106,233	84,384	39,784	38,326	PDF p. 156
Less : Non-currentSingapore dollars thousands	(8,980)	–	(5,872)	–	PDF p. 156
Current bank borrowingsSingapore dollars thousands	97,253	84,384	33,912	38,326	PDF p. 156

Definitions & sources

Original report: PDF p. 156 ↗

Other operating income composition

14 metrics

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Other operating income composition from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	Source
Other operating income composition
Fair value adjustment on derivative financial instruments taken to profit or lossSingapore dollars thousands	671	–	PDF p. 163
Gain on the bargain purchase of an acquisition of subsidiaries (Note 40)Singapore dollars thousands	4,027	163	PDF p. 163
Gain on disposal of a subsidiary (Note 39)Singapore dollars thousands	3	2,199	PDF p. 163
Gain on disposal of property, plant and equipmentSingapore dollars thousands	139	40	PDF p. 163
Gain on disposal of right-of-use assetsSingapore dollars thousands	4	12	PDF p. 163
Gain on foreign currency exchangeSingapore dollars thousands	20	1,382	PDF p. 163
Interest income from depositsSingapore dollars thousands	201	153	PDF p. 163
Management fee (Note 5)Singapore dollars thousands	–	15	PDF p. 163
Rental of investment properties (Note 16)Singapore dollars thousands	202	169	PDF p. 163
Scrap salesSingapore dollars thousands	90	62	PDF p. 163
Reversal of allowance for trade and other receivablesSingapore dollars thousands	–	64	PDF p. 163
Government grantsSingapore dollars thousands	333	551	PDF p. 163
OthersSingapore dollars thousands	638	481	PDF p. 163
SubtotalSingapore dollars thousands	6,328	5,291	PDF p. 163

Definitions & sources

Original report: PDF p. 163 ↗

FY2025 gain on disposal of property,plant and equipment is40inthis note versus36inCF/profit note. Both printed values retained; no unsupported reconciliation imposed.

Finance costs composition

3 metrics

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Finance costs composition from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	Source
Finance costs composition
Interest on bank borrowingsSingapore dollars thousands	2,421	2,137	PDF p. 163
Interest on lease liabilitiesSingapore dollars thousands	447	544	PDF p. 163
SubtotalSingapore dollars thousands	2,868	2,681	PDF p. 163

Definitions & sources

Original report: PDF p. 163 ↗

Profit for the year selected expenses and credits

33 metrics

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Profit for the year selected expenses and credits from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	Source
Profit for the year selected expenses and credits
Directors’ remuneration: - of the companySingapore dollars thousands	2,438	1,629	PDF p. 166 Label p. 166
- of the subsidiariesSingapore dollars thousands	3,822	2,480	PDF p. 166
Total directors’ remunerationSingapore dollars thousands	6,260	4,109	PDF p. 166
Directors’ feeSingapore dollars thousands	633	429	PDF p. 166
Audit fees: - Auditors of the companySingapore dollars thousands	600	508	PDF p. 166 Label p. 166
- Other auditorsSingapore dollars thousands	87	32	PDF p. 166
Non-audit fees: - Auditors of the companySingapore dollars thousands	102	74	PDF p. 166 Label p. 166
- Other auditorsSingapore dollars thousands	6	4	PDF p. 166
Cost of inventories recognised as expenseSingapore dollars thousands	452,846	377,249	PDF p. 166
Provision for (Reversal of) onerous contracts included in cost of salesSingapore dollars thousands	23,139	(3,322)	PDF p. 166
Expense relating to short-term leasesSingapore dollars thousands	920	1,353	PDF p. 166
Expense relating to leases of low value assetsSingapore dollars thousands	75	59	PDF p. 166
Foreign currency exchange adjustment gainSingapore dollars thousands	(20)	(1,382)	PDF p. 166
Property, plant and equipment written offSingapore dollars thousands	17	42	PDF p. 166
Inventories written offSingapore dollars thousands	629	708	PDF p. 166
Allowance for inventories obsolescenceSingapore dollars thousands	177	584	PDF p. 166
Amortisation of intangible assetsSingapore dollars thousands	306	116	PDF p. 166
Bad debts written off (recovered)Singapore dollars thousands	263	(3)	PDF p. 166
Loss allowance (Reversal of) for trade and other receivablesSingapore dollars thousands	1,306	(64)	PDF p. 166
Depreciation of property, plant and equipmentSingapore dollars thousands	5,811	5,745	PDF p. 166
Depreciation of investment propertiesSingapore dollars thousands	52	50	PDF p. 166
Depreciation on right-of-use assetsSingapore dollars thousands	2,161	1,725	PDF p. 166
Gain on the bargain purchase of acquisition of subsidiaries (Note 40)Singapore dollars thousands	(4,027)	(163)	PDF p. 166
Gain on disposal of a subsidiary (Note 39)Singapore dollars thousands	(3)	(2,199)	PDF p. 166
Gain on disposal of property, plant and equipmentSingapore dollars thousands	(139)	(36)	PDF p. 166
Gain on disposal of right-of-use assetsSingapore dollars thousands	(4)	(12)	PDF p. 166
Loss on disposal of an associateSingapore dollars thousands	–	27	PDF p. 166
Fair value adjustments on derivative financial instruments taken to profit or lossSingapore dollars thousands	(671)	1,468	PDF p. 166
Realised gain on derivative financial instruments included in cost of salesSingapore dollars thousands	(761)	(320)	PDF p. 166
Government grantsSingapore dollars thousands	(333)	(551)	PDF p. 166
Interest incomeSingapore dollars thousands	(201)	(153)	PDF p. 166
Employee benefits expense (including directors’ remuneration)Singapore dollars thousands	57,517	49,948	PDF p. 166
Cost of defined contribution plans included in employee benefits expenseSingapore dollars thousands	3,939	3,810	PDF p. 166

Definitions & sources

Original report: PDF p. 166 ↗

Earnings per share inputs — FY2026 and FY2025

2 metrics

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Earnings per share inputs — FY2026 and FY2025 from ANNUAL REPORT 2026
Metric / unit	2026Group	2025Group	Source
Earnings per share calculation
(profit for the year attributable to equity holders of the company)Singapore dollars thousands	11,197	25,945	PDF p. 167
Weighted average number of ordinary sharesordinary shares	460,261,841	460,261,841	PDF p. 167

Definitions & sources

Original report: PDF p. 167 ↗

Dividend rates paid and proposed

2 metrics

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Dividend rates paid and proposed from ANNUAL REPORT 2026
Metric / unit	2026Company	2025Company	Source
Dividend rates paid and proposed
Final dividend for previous financial year paidSingapore cents per ordinary share	1.60	1.60	PDF p. 167
Interim dividend for financial year paidSingapore cents per ordinary share	0.75	0.75	PDF p. 167

Definitions & sources

Original report: PDF p. 167 ↗

Dividend amounts paid and proposed

2 metrics

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Dividend amounts paid and proposed from ANNUAL REPORT 2026
Metric / unit	2026Company	2025Company	Source
Dividend amounts paid and proposed
Final dividend for previous financial year paidSingapore dollars millions	7.36	7.36	PDF p. 167
Interim dividend for financial year paidSingapore dollars millions	3.45	3.45	PDF p. 167

Definitions & sources

Original report: PDF p. 167 ↗

Proposed FY2026 final dividend

2 metrics

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Proposed FY2026 final dividend from ANNUAL REPORT 2026
Metric / unit	2026Company	Source
Proposed dividend
Final tax-exempt dividend recommendedSingapore cents per ordinary share	1.60	PDF p. 167
Final tax-exempt dividend amount recommendedSingapore dollars millions	7.36	PDF p. 167

Definitions & sources

Original report: PDF p. 167 ↗

Group and Company balance sheets — FY2025 source / page 90

33 metrics

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Group and Company balance sheets — FY2025 source / page 90 from ANNUAL REPORT 2026
Metric / unit	2025Group	2024Group	2025Company	2024Company	Source
Current assets
Cash and bank balancesSingapore dollars thousands	38,261	27,417	11,521	7,701	PDF p. 90
Trade receivablesSingapore dollars thousands	130,942	108,705	66,219	51,073	PDF p. 90
Other receivablesSingapore dollars thousands	11,000	7,915	3,376	2,162	PDF p. 90
Contract assetsSingapore dollars thousands	3,077	3,190	–	–	PDF p. 90
Derivative financial instrumentsSingapore dollars thousands	283	741	340	740	PDF p. 90
InventoriesSingapore dollars thousands	128,619	103,369	63,334	57,881	PDF p. 90
Total current assetsSingapore dollars thousands	312,182	251,337	144,790	119,557	PDF p. 90
Non-current assets
Other receivablesSingapore dollars thousands	506	215	–	100	PDF p. 90
SubsidiariesSingapore dollars thousands	–	–	60,987	55,734	PDF p. 90
AssociatesSingapore dollars thousands	11,090	12,418	–	–	PDF p. 90
Other investmentsSingapore dollars thousands	–	6	–	–	PDF p. 90
Property, plant and equipmentSingapore dollars thousands	38,196	38,578	10,757	11,437	PDF p. 90
Right-of-use assetsSingapore dollars thousands	10,022	9,653	3,091	3,518	PDF p. 90
Investment propertiesSingapore dollars thousands	2,621	2,551	–	–	PDF p. 90
GoodwillSingapore dollars thousands	129	129	–	–	PDF p. 90
Intangible assetsSingapore dollars thousands	340	–	–	–	PDF p. 90
Deferred tax assetsSingapore dollars thousands	461	775	243	667	PDF p. 90
Total non-current assetsSingapore dollars thousands	63,365	64,325	75,078	71,456	PDF p. 90
Total assetsSingapore dollars thousands	375,547	315,662	219,868	191,013	PDF p. 90
Current liabilities
Bank borrowingsSingapore dollars thousands	84,384	47,307	38,326	22,751	PDF p. 90
Trade payablesSingapore dollars thousands	31,012	23,386	10,358	10,004	PDF p. 90
Other payablesSingapore dollars thousands	11,758	10,339	4,915	3,499	PDF p. 90
Contract liabilitiesSingapore dollars thousands	4,708	4,569	91	13	PDF p. 90
Derivative financial instrumentsSingapore dollars thousands	1,007	–	1,007	-	PDF p. 90
Provision for onerous contractsSingapore dollars thousands	755	4,077	755	4,077	PDF p. 90
Lease liabilitiesSingapore dollars thousands	1,529	1,360	408	401	PDF p. 90
Income tax payableSingapore dollars thousands	4,214	3,205	3,606	1,845	PDF p. 90
Total current liabilitiesSingapore dollars thousands	139,367	94,243	59,466	42,590	PDF p. 90
Non-current liabilities
Other payablesSingapore dollars thousands	442	200	–	–	PDF p. 90
Lease liabilitiesSingapore dollars thousands	8,692	11,102	3,001	3,409	PDF p. 90
Derivative financial instrumentsSingapore dollars thousands	–	1	–	1	PDF p. 90
Deferred tax liabilitiesSingapore dollars thousands	1,559	1,466	–	–	PDF p. 90
Total non-current liabilitiesSingapore dollars thousands	10,693	12,769	3,001	3,410	PDF p. 90

Definitions & sources

Original report: PDF p. 90 ↗

Group and Company balance sheets — FY2025 source / page 91

7 metrics

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Group and Company balance sheets — FY2025 source / page 91 from ANNUAL REPORT 2026
Metric / unit	2025Group	2024Group	2025Company	2024Company	Source
Capital, reserves and non-controlling interests
Share capitalSingapore dollars thousands	63,712	63,712	63,712	63,712	PDF p. 91
Treasury sharesSingapore dollars thousands	(950)	(950)	(950)	(950)	PDF p. 91
ReservesSingapore dollars thousands	159,399	144,122	94,639	82,251	PDF p. 91
Equity attributable to the owners of the companySingapore dollars thousands	222,161	206,884	157,401	145,013	PDF p. 91 Label p. 91
Non-controlling interestsSingapore dollars thousands	3,326	1,766	–	–	PDF p. 91
Total equitySingapore dollars thousands	225,487	208,650	157,401	145,013	PDF p. 91
Total liabilities and equitySingapore dollars thousands	375,547	315,662	219,868	191,013	PDF p. 91

Definitions & sources

Original report: PDF p. 91 ↗

Group income and comprehensive income — FY2025 source

24 metrics

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Group income and comprehensive income — FY2025 source from ANNUAL REPORT 2026
Metric / unit	2025Group	2024Group	Source
Group income and comprehensive income — FY2025 source
RevenueSingapore dollars thousands	480,727	400,680	PDF p. 92
Cost of salesSingapore dollars thousands	(400,525)	(334,250)	PDF p. 92
Gross profitSingapore dollars thousands	80,202	66,430	PDF p. 92
Other operating incomeSingapore dollars thousands	5,291	5,486	PDF p. 92
Selling and distribution expensesSingapore dollars thousands	(26,500)	(23,017)	PDF p. 92
Administrative expensesSingapore dollars thousands	(24,194)	(22,460)	PDF p. 92
Other operating expensesSingapore dollars thousands	(1,542)	(4,275)	PDF p. 92
Finance costsSingapore dollars thousands	(2,681)	(2,262)	PDF p. 92
Share of profit of associatesSingapore dollars thousands	425	523	PDF p. 92
Profit before income taxSingapore dollars thousands	31,001	20,425	PDF p. 92
Income tax expenseSingapore dollars thousands	(4,880)	(5,679)	PDF p. 92
Profit for the yearSingapore dollars thousands	26,121	14,746	PDF p. 92
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operationsSingapore dollars thousands	(215)	(1,680)	PDF p. 92
Changes in share of other comprehensive income (loss) of associatesSingapore dollars thousands	127	(89)	PDF p. 92
Other comprehensive loss for the year, net of taxSingapore dollars thousands	(88)	(1,769)	PDF p. 92
Total comprehensive income for the yearSingapore dollars thousands	26,033	12,977	PDF p. 92
Profit for the year attributable to:
Owners of the companySingapore dollars thousands	25,945	14,597	PDF p. 92
Items that may be reclassified subsequently to profit or loss:
Non-controlling interestsSingapore dollars thousands	176	149	PDF p. 92
SubtotalSingapore dollars thousands	26,121	14,746	PDF p. 92
Total comprehensive income attributable to:
Owners of the companySingapore dollars thousands	25,919	12,894	PDF p. 92
Non-controlling interestsSingapore dollars thousands	114	83	PDF p. 92
SubtotalSingapore dollars thousands	26,033	12,977	PDF p. 92
Earnings per share
Basic (cents)Singapore cents per share	5.64	3.17	PDF p. 92
Diluted (cents)Singapore cents per share	5.64	3.17	PDF p. 92

Definitions & sources

Original report: PDF p. 92 ↗

Group changes in equity — FY2025 source / ending 2024

10 metrics

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Group changes in equity — FY2025 source / ending 2024 from ANNUAL REPORT 2026
Metric / unit	2024GroupShare capital	2024GroupTreasury shares	2024GroupForeign currency translation reserve	2024GroupOther reserves	2024GroupAccumulated profits	2024GroupEquity attributable to shareholders of the company	2024GroupNon-controlling interests	2024GroupTotal equity	Source
Group
Balance at 1 July 2023Singapore dollars thousands	63,712	(950)	(3,837)	(912)	146,793	204,806	1,949	206,755	PDF p. 93
Total comprehensive
Total comprehensive income (loss) for the year: Profit for the yearSingapore dollars thousands	–	–	–	–	14,597	14,597	149	14,746	PDF p. 93 Label p. 93
Other comprehensive loss for the yearSingapore dollars thousands	–	–	(1,703)	–	–	(1,703)	(66)	(1,769)	PDF p. 93 Label p. 93
TotalSingapore dollars thousands	–	–	(1,703)	–	14,597	12,894	83	12,977	PDF p. 93
Transactions with owners, recognised directly in equity: Non-controlling interest arising from an increase in the share capital of a subsidiarySingapore dollars thousands	–	–	–	–	–	–	35	35	PDF p. 93 Label p. 93
Dividend paid to non- controlling interestsSingapore dollars thousands	–	–	–	–	–	–	(301)	(301)	PDF p. 93 Label p. 93
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	–	–	(7,364)	(7,364)	–	(7,364)	PDF p. 93 Label p. 93
Interim dividend for the financial year paidSingapore dollars thousands	–	–	–	–	(3,452)	(3,452)	–	(3,452)	PDF p. 93 Label p. 93
TotalSingapore dollars thousands	–	–	–	–	(10,816)	(10,816)	(266)	(11,082)	PDF p. 93
Balance at 30 June 2024Singapore dollars thousands	63,712	(950)	(5,540)	(912)	150,574	206,884	1,766	208,650	PDF p. 93

Definitions & sources

Original report: PDF p. 93 ↗

Group changes in equity — FY2025 source / ending 2025

11 metrics

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Group changes in equity — FY2025 source / ending 2025 from ANNUAL REPORT 2026
Metric / unit	2025GroupShare capital	2025GroupTreasury shares	2025GroupForeign currency translation reserve	2025GroupOther reserves	2025GroupAccumulated profits	2025GroupEquity attributable to shareholders of the company	2025GroupNon-controlling interests	2025GroupTotal equity	Source
Group
Balance at 1 July 2024Singapore dollars thousands	63,712	(950)	(5,540)	(912)	150,574	206,884	1,766	208,650	PDF p. 94
Total comprehensive
Total comprehensive income (loss) for the year: Profit for the yearSingapore dollars thousands	–	–	–	–	25,945	25,945	176	26,121	PDF p. 94 Label p. 94
Other comprehensive loss for the yearSingapore dollars thousands	–	–	(26)	–	–	(26)	(62)	(88)	PDF p. 94 Label p. 94
TotalSingapore dollars thousands	–	–	(26)	–	25,945	25,919	114	26,033	PDF p. 94
Transactions with owners, recognised directly in equity: Non-controlling interest arising from an acquisition of a subsidiary (Note 40)Singapore dollars thousands	–	–	–	–	–	–	1,485	1,485	PDF p. 94 Label p. 94
Share of post- acquisition reserve from an associateSingapore dollars thousands	–	–	–	174	–	174	–	174	PDF p. 94 Label p. 94
Dividend paid to non- controlling interestsSingapore dollars thousands	–	–	–	–	–	–	(39)	(39)	PDF p. 94 Label p. 94
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	–	–	(7,364)	(7,364)	–	(7,364)	PDF p. 94 Label p. 94
Interim dividend for the financial year paidSingapore dollars thousands	–	–	–	–	(3,452)	(3,452)	–	(3,452)	PDF p. 94 Label p. 94
TotalSingapore dollars thousands	–	–	–	174	(10,816)	(10,642)	1,446	(9,196)	PDF p. 94
Balance at 30 June 2025Singapore dollars thousands	63,712	(950)	(5,566)	(738)	165,703	222,161	3,326	225,487	PDF p. 94

Definitions & sources

Original report: PDF p. 94 ↗

Company changes in equity — FY2025 source / ending 2024

6 metrics

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Company changes in equity — FY2025 source / ending 2024 from ANNUAL REPORT 2026
Metric / unit	2024CompanyShare capital	2024CompanyTreasury shares	2024CompanyAccumulated profits	2024CompanyTotal equity	Source
Company
Balance at 1 July 2023Singapore dollars thousands	63,712	(950)	80,216	142,978	PDF p. 95
Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands	–	–	12,851	12,851	PDF p. 95 Label p. 95
Transactions with owners, recognised directly in equity:
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	(7,364)	(7,364)	PDF p. 95
Company
Interim dividend for the financial year paidSingapore dollars thousands	–	–	(3,452)	(3,452)	PDF p. 95
TotalSingapore dollars thousands	–	–	(10,816)	(10,816)	PDF p. 95
Balance at 30 June 2024Singapore dollars thousands	63,712	(950)	82,251	145,013	PDF p. 95

Definitions & sources

Original report: PDF p. 95 ↗

Company changes in equity — FY2025 source / ending 2025

6 metrics

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Company changes in equity — FY2025 source / ending 2025 from ANNUAL REPORT 2026
Metric / unit	2025CompanyShare capital	2025CompanyTreasury shares	2025CompanyAccumulated profits	2025CompanyTotal equity	Source
Company
Balance at 30 June 2024Singapore dollars thousands	63,712	(950)	82,251	145,013	PDF p. 95
Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands	–	–	23,204	23,204	PDF p. 95 Label p. 95
Transactions with owners, recognised directly in equity:
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	(7,364)	(7,364)	PDF p. 95
Company
Interim dividend for the financial year paidSingapore dollars thousands	–	–	(3,452)	(3,452)	PDF p. 95
TotalSingapore dollars thousands	–	–	(10,816)	(10,816)	PDF p. 95
Balance at 30 June 2025Singapore dollars thousands	63,712	(950)	94,639	157,401	PDF p. 95

Definitions & sources

Original report: PDF p. 95 ↗

Group cash flows — FY2025 source / page 96

35 metrics

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Group cash flows — FY2025 source / page 96 from ANNUAL REPORT 2026
Metric / unit	2025Group	2024Group	Source
Operating activities
Profit before income taxSingapore dollars thousands	31,001	20,425	PDF p. 96
Adjustments for:
Depreciation of property, plant and equipmentSingapore dollars thousands	5,745	5,636	PDF p. 96
Depreciation of investment propertiesSingapore dollars thousands	50	48	PDF p. 96
Depreciation of right-of-use assetsSingapore dollars thousands	1,725	1,615	PDF p. 96
Amortisation of intangible assetsSingapore dollars thousands	116	–	PDF p. 96
Interest incomeSingapore dollars thousands	(153)	(156)	PDF p. 96
Interest expenseSingapore dollars thousands	2,681	2,262	PDF p. 96
Gain on the bargain purchase of acquisition of a subsidiary (Note 40)Singapore dollars thousands	(163)	–	PDF p. 96
Gain on disposal of a subsidiary (Note 39)Singapore dollars thousands	(2,199)	–	PDF p. 96
Gain on disposal of property, plant and equipmentSingapore dollars thousands	(36)	(201)	PDF p. 96
Gain on disposal of right-of-use assetsSingapore dollars thousands	(12)	(1)	PDF p. 96
Gain on disposal of assets classified as held for saleSingapore dollars thousands	–	(5)	PDF p. 96
Loss on disposal of an associate (Note 13)Singapore dollars thousands	27	–	PDF p. 96
Property, plant and equipment written offSingapore dollars thousands	42	45	PDF p. 96
Bad debts recoveredSingapore dollars thousands	(3)	(15)	PDF p. 96
(Reversal of) Loss allowance for trade and other receivablesSingapore dollars thousands	(64)	402	PDF p. 96
Reversal of provision for onerous contractsSingapore dollars thousands	(3,322)	(3,809)	PDF p. 96
Inventories written offSingapore dollars thousands	708	289	PDF p. 96
Allowance for inventories obsolescenceSingapore dollars thousands	584	31	PDF p. 96
Impairment loss on property, plant and equipmentSingapore dollars thousands	–	893	PDF p. 96
Impairment loss on right-of-use assetsSingapore dollars thousands	–	1,430	PDF p. 96
Fair value adjustments on derivative financial instruments taken to profit or lossSingapore dollars thousands	1,468	1,511	PDF p. 96
Share of profit of associatesSingapore dollars thousands	(425)	(523)	PDF p. 96
Exchange differencesSingapore dollars thousands	(739)	(879)	PDF p. 96
Operating cash flows before movement in working capitalSingapore dollars thousands	37,031	28,998	PDF p. 96
Trade receivablesSingapore dollars thousands	(20,236)	(17,151)	PDF p. 96
Other receivablesSingapore dollars thousands	(2,762)	(2,110)	PDF p. 96
Contract assetsSingapore dollars thousands	68	(631)	PDF p. 96
InventoriesSingapore dollars thousands	(22,146)	(3,116)	PDF p. 96
Trade payablesSingapore dollars thousands	5,037	26	PDF p. 96
Other payablesSingapore dollars thousands	1,703	(510)	PDF p. 96
Contract liabilitiesSingapore dollars thousands	45	1,468	PDF p. 96
Cash (used in) generated from operationsSingapore dollars thousands	(1,260)	6,974	PDF p. 96
Income tax paidSingapore dollars thousands	(3,936)	(4,370)	PDF p. 96
Net cash (used in) from operating activitiesSingapore dollars thousands	(5,196)	2,604	PDF p. 96

Definitions & sources

Original report: PDF p. 96 ↗

Group cash flows — FY2025 source / page 97

21 metrics

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Group cash flows — FY2025 source / page 97 from ANNUAL REPORT 2026
Metric / unit	2025Group	2024Group	Source
Investing activities
Acquisition of a subsidiary (net of cash acquired) (Note 40)Singapore dollars thousands	(716)	–	PDF p. 97
Purchase of property, plant and equipmentSingapore dollars thousands	(4,753)	(7,464)	PDF p. 97
Proceeds from disposal of a subsidiary (Note 39)Singapore dollars thousands	73	–	PDF p. 97
Proceeds from disposal of an associate (Note 13)Singapore dollars thousands	913	–	PDF p. 97
Proceeds from disposal of property, plant and equipmentSingapore dollars thousands	98	262	PDF p. 97
Proceeds from disposal of quoted sharesSingapore dollars thousands	2	–	PDF p. 97
Proceeds from disposal of an asset classified as held for saleSingapore dollars thousands	–	172	PDF p. 97
Dividend received from an associateSingapore dollars thousands	225	56	PDF p. 97
Interest receivedSingapore dollars thousands	153	156	PDF p. 97
Net cash used in investing activitiesSingapore dollars thousands	(4,005)	(6,818)	PDF p. 97
Financing activities
Proceeds from bank borrowingsSingapore dollars thousands	187,919	133,467	PDF p. 97
Repayment of bank borrowingsSingapore dollars thousands	(152,423)	(119,504)	PDF p. 97
Repayment of principal portion of lease liabilitiesSingapore dollars thousands	(1,867)	(1,169)	PDF p. 97
Interest paidSingapore dollars thousands	(2,681)	(2,262)	PDF p. 97
Dividends paidSingapore dollars thousands	(10,816)	(10,816)	PDF p. 97
Dividends paid to non-controlling interests (a)Singapore dollars thousands	(39)	(266)	PDF p. 97
Net cash from (used in) financing activitiesSingapore dollars thousands	20,093	(550)	PDF p. 97
Net increase (decrease) in cash and cash equivalentsSingapore dollars thousands	10,892	(4,764)	PDF p. 97
Cash and cash equivalents at beginning of yearSingapore dollars thousands	27,417	32,003	PDF p. 97
Effects of exchange rate changes on the balance of cash held in foreign currenciesSingapore dollars thousands	(48)	178	PDF p. 97
Cash and cash equivalents at end of yearSingapore dollars thousands	38,261	27,417	PDF p. 97

Definitions & sources

Original report: PDF p. 97 ↗

Group and Company balance sheets — FY2023 source / page 74

33 metrics

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Group and Company balance sheets — FY2023 source / page 74 from ANNUAL REPORT 2026
Metric / unit	2023Group	2022Group	2023Company	2022Company	Source
Current assets
Cash and bank balancesSingapore dollars thousands	32,003	29,196	9,212	8,169	PDF p. 74
Trade receivablesSingapore dollars thousands	92,427	109,774	45,855	51,072	PDF p. 74
Other receivablesSingapore dollars thousands	5,645	3,882	2,077	1,650	PDF p. 74
Contract assetsSingapore dollars thousands	2,617	2,919	–	–	PDF p. 74
Derivative financial instrumentsSingapore dollars thousands	2,248	163	2,253	207	PDF p. 74
InventoriesSingapore dollars thousands	101,168	98,809	52,698	52,955	PDF p. 74
Assets classified as held for saleSingapore dollars thousands	169	–	–	–	PDF p. 74
Total current assetsSingapore dollars thousands	236,277	244,743	112,095	114,053	PDF p. 74
Non-current assets
Other receivablesSingapore dollars thousands	361	482	100	100	PDF p. 74
Derivative financial instrumentsSingapore dollars thousands	3	1,441	3	1,441	PDF p. 74
SubsidiariesSingapore dollars thousands	–	–	49,315	48,198	PDF p. 74
AssociatesSingapore dollars thousands	12,040	11,403	–	–	PDF p. 74
Other investmentsSingapore dollars thousands	6	7	–	–	PDF p. 74
Property, plant and equipmentSingapore dollars thousands	38,061	38,594	10,595	10,528	PDF p. 74
Right-of-use assetsSingapore dollars thousands	11,287	14,278	3,770	4,013	PDF p. 74
Investment propertiesSingapore dollars thousands	2,615	2,908	–	–	PDF p. 74
GoodwillSingapore dollars thousands	129	–	–	–	PDF p. 74
Intangible assetsSingapore dollars thousands	–	–	–	–	PDF p. 74
Deferred tax assetsSingapore dollars thousands	1,292	1,853	1,200	1,732	PDF p. 74
Total non-current assetsSingapore dollars thousands	65,794	70,966	64,983	66,012	PDF p. 74
Total assetsSingapore dollars thousands	302,071	315,709	177,078	180,065	PDF p. 74
Current liabilities
Bank borrowingsSingapore dollars thousands	33,526	31,370	6,016	4,261	PDF p. 74
Trade payablesSingapore dollars thousands	23,606	38,695	11,554	16,576	PDF p. 74
Other payablesSingapore dollars thousands	10,883	11,519	3,164	3,363	PDF p. 74
Contract liabilitiesSingapore dollars thousands	3,179	2,483	29	345	PDF p. 74
Provision for onerous contractsSingapore dollars thousands	7,886	12,557	7,886	12,557	PDF p. 74
Lease liabilitiesSingapore dollars thousands	1,203	825	338	317	PDF p. 74
Income tax payableSingapore dollars thousands	3,040	2,750	1,427	858	PDF p. 74
Total current liabilitiesSingapore dollars thousands	83,323	100,199	30,414	38,277	PDF p. 74
Non-current liabilities
Other payablesSingapore dollars thousands	195	191	–	–	PDF p. 74
Lease liabilitiesSingapore dollars thousands	10,991	10,845	3,686	3,901	PDF p. 74
Deferred tax liabilitiesSingapore dollars thousands	807	907	–	–	PDF p. 74
Total non-current liabilitiesSingapore dollars thousands	11,993	11,943	3,686	3,901	PDF p. 74

Definitions & sources

Original report: PDF p. 74 ↗

Group and Company balance sheets — FY2023 source / page 75

7 metrics

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Group and Company balance sheets — FY2023 source / page 75 from ANNUAL REPORT 2026
Metric / unit	2023Group	2022Group	2023Company	2022Company	Source
non-controlling interests
Capital, reserves and non-controlling interests Share capitalSingapore dollars thousands	63,712	63,712	63,712	63,712	PDF p. 75 Label p. 75
Treasury sharesSingapore dollars thousands	(950)	(950)	(950)	(950)	PDF p. 75
ReservesSingapore dollars thousands	142,044	138,927	80,216	75,125	PDF p. 75
Equity attributable to the owners of the companySingapore dollars thousands	204,806	201,689	142,978	137,887	PDF p. 75 Label p. 75
Non-controlling interestsSingapore dollars thousands	1,949	1,878	–	–	PDF p. 75
Total equitySingapore dollars thousands	206,755	203,567	142,978	137,887	PDF p. 75
Total liabilities and equitySingapore dollars thousands	302,071	315,709	177,078	180,065	PDF p. 75

Definitions & sources

Original report: PDF p. 75 ↗

Group income and comprehensive income — FY2023 source

24 metrics

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Group income and comprehensive income — FY2023 source from ANNUAL REPORT 2026
Metric / unit	2023Group	2022Group	Source
Group income and comprehensive income — FY2023 source
RevenueSingapore dollars thousands	421,726	379,052	PDF p. 76
Cost of salesSingapore dollars thousands	(355,072)	(298,998)	PDF p. 76
Gross profitSingapore dollars thousands	66,654	80,054	PDF p. 76
Other operating incomeSingapore dollars thousands	5,000	4,344	PDF p. 76
Selling and distribution expensesSingapore dollars thousands	(24,088)	(21,794)	PDF p. 76
Administrative expensesSingapore dollars thousands	(21,731)	(20,443)	PDF p. 76
Other operating expensesSingapore dollars thousands	(2,788)	(14,914)	PDF p. 76
Finance costsSingapore dollars thousands	(2,154)	(1,047)	PDF p. 76
Share of profit of associatesSingapore dollars thousands	499	1,081	PDF p. 76
Profit before income taxSingapore dollars thousands	21,392	27,281	PDF p. 76
Income tax expenseSingapore dollars thousands	(4,582)	(5,089)	PDF p. 76
Profit for the yearSingapore dollars thousands	16,810	22,192	PDF p. 76
Items that may be reclassified subsequently to profit or loss:
Exchange differences on translation of foreign operationsSingapore dollars thousands	(3,004)	(134)	PDF p. 76
Changes in share of other comprehensive income (loss) of associatesSingapore dollars thousands	23	(13)	PDF p. 76
Other comprehensive loss for the year, net of taxSingapore dollars thousands	(2,981)	(147)	PDF p. 76
Total comprehensive income for the yearSingapore dollars thousands	13,829	22,045	PDF p. 76
Profit for the year attributable to:
Owners of the companySingapore dollars thousands	16,674	22,006	PDF p. 76
Items that may be reclassified subsequently to profit or loss:
Non-controlling interestsSingapore dollars thousands	136	186	PDF p. 76
SubtotalSingapore dollars thousands	16,810	22,192	PDF p. 76
Total comprehensive income attributable to:
Owners of the companySingapore dollars thousands	13,728	21,844	PDF p. 76
Non-controlling interestsSingapore dollars thousands	101	201	PDF p. 76
SubtotalSingapore dollars thousands	13,829	22,045	PDF p. 76
Earnings per share
Basic (cents)Singapore cents per share	3.62	4.78	PDF p. 76
Diluted (cents)Singapore cents per share	3.62	4.78	PDF p. 76

Definitions & sources

Original report: PDF p. 76 ↗

Group changes in equity — FY2023 source / ending 2022

10 metrics

Units appear below each metric. Scroll to compare years

Group changes in equity — FY2023 source / ending 2022 from ANNUAL REPORT 2026
Metric / unit	2022GroupShare capital	2022GroupTreasury shares	2022GroupForeign currency translation reserve	2022GroupOther reserves	2022GroupAccumulated profits	2022GroupEquity attributable to shareholders of the company	2022GroupNon-controlling interests	2022GroupTotal equity	Source
Group
Balance at 1 July 2021Singapore dollars thousands	63,712	(950)	(729)	(1,079)	129,285	190,239	1,781	192,020	PDF p. 77
Total comprehensive (loss)
Total comprehensive (loss) income for the year: Profit for the yearSingapore dollars thousands	–	–	–	–	22,006	22,006	186	22,192	PDF p. 77 Label p. 77
Other comprehensive (loss) income for the yearSingapore dollars thousands	–	–	(162)	–	–	(162)	15	(147)	PDF p. 77 Label p. 77
TotalSingapore dollars thousands	–	–	(162)	–	22,006	21,844	201	22,045	PDF p. 77
Transactions with owners, recognised directly in equity: Share of post- acquisition reserve from an associateSingapore dollars thousands	–	–	–	(38)	–	(38)	–	(38)	PDF p. 77 Label p. 77
Dividend paid to non- controlling interestsSingapore dollars thousands	–	–	–	–	–	–	(104)	(104)	PDF p. 77 Label p. 77
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	–	–	(6,904)	(6,904)	–	(6,904)	PDF p. 77 Label p. 77
Interim dividend for the financial year paidSingapore dollars thousands	–	–	–	–	(3,452)	(3,452)	–	(3,452)	PDF p. 77 Label p. 77
TotalSingapore dollars thousands	–	–	–	(38)	(10,356)	(10,394)	(104)	(10,498)	PDF p. 77
Balance at 30 June 2022Singapore dollars thousands	63,712	(950)	(891)	(1,117)	140,935	201,689	1,878	203,567	PDF p. 77

Definitions & sources

Original report: PDF p. 77 ↗

Group changes in equity — FY2023 source / ending 2023

10 metrics

Units appear below each metric. Scroll to compare years

Group changes in equity — FY2023 source / ending 2023 from ANNUAL REPORT 2026
Metric / unit	2023GroupShare capital	2023GroupTreasury shares	2023GroupForeign currency translation reserve	2023GroupOther reserves	2023GroupAccumulated profits	2023GroupEquity attributable to shareholders of the company	2023GroupNon-controlling interests	2023GroupTotal equity	Source
Group
Balance at 1 July 2022Singapore dollars thousands	63,712	(950)	(891)	(1,117)	140,935	201,689	1,878	203,567	PDF p. 78
Total comprehensive (loss)
Total comprehensive (loss) income for the year: Profit for the yearSingapore dollars thousands	–	–	–	–	16,674	16,674	136	16,810	PDF p. 78 Label p. 78
Other comprehensive loss for the yearSingapore dollars thousands	–	–	(2,946)	–	–	(2,946)	(35)	(2,981)	PDF p. 78 Label p. 78
TotalSingapore dollars thousands	–	–	(2,946)	–	16,674	13,728	101	13,829	PDF p. 78
Transactions with owners, recognised directly in equity: Share of post- acquisition reserve from an associateSingapore dollars thousands	–	–	–	205	–	205	–	205	PDF p. 78 Label p. 78
Dividend paid to non- controlling interestsSingapore dollars thousands	–	–	–	–	–	–	(30)	(30)	PDF p. 78 Label p. 78
Final dividend for the previous financial year paidSingapore dollars thousands	–	–	–	–	(7,364)	(7,364)	–	(7,364)	PDF p. 78 Label p. 78
Interim dividend for the financial year paidSingapore dollars thousands	–	–	–	–	(3,452)	(3,452)	–	(3,452)	PDF p. 78 Label p. 78
TotalSingapore dollars thousands	–	–	–	205	(10,816)	(10,611)	(30)	(10,641)	PDF p. 78
Balance at 30 June 2023Singapore dollars thousands	63,712	(950)	(3,837)	(912)	146,793	204,806	1,949	206,755	PDF p. 78

Definitions & sources

Original report: PDF p. 78 ↗

Company changes in equity — FY2023 source / ending 2022

6 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity — FY2023 source / ending 2022 from ANNUAL REPORT 2026
Metric / unit	2022CompanyShare capital	2022CompanyTreasury shares	2022CompanyAccumulated profits	2022CompanyTotal equity	Source
Company
Balance at 1 July 2021Singapore dollars thousands	63,712	(950)	71,545	134,307	PDF p. 79
Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands	–	–	13,936	13,936	PDF p. 79 Label p. 79
Transactions with owners, recognised directly in equity: Final dividend for the previous financial year paidSingapore dollars thousands	–	–	(6,904)	(6,904)	PDF p. 79 Label p. 79
Interim dividend for the financial year paidSingapore dollars thousands	–	–	(3,452)	(3,452)	PDF p. 79
TotalSingapore dollars thousands	–	–	(10,356)	(10,356)	PDF p. 79
Balance at 30 June 2022Singapore dollars thousands	63,712	(950)	75,125	137,887	PDF p. 79

Definitions & sources

Original report: PDF p. 79 ↗

Company changes in equity — FY2023 source / ending 2023

6 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity — FY2023 source / ending 2023 from ANNUAL REPORT 2026
Metric / unit	2023CompanyShare capital	2023CompanyTreasury shares	2023CompanyAccumulated profits	2023CompanyTotal equity	Source
Company
Balance at 30 June 2022Singapore dollars thousands	63,712	(950)	75,125	137,887	PDF p. 79
Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands	–	–	15,907	15,907	PDF p. 79 Label p. 79
directly in equity:
Transactions with owners, recognised directly in equity: Final dividend for the previous financial year paidSingapore dollars thousands	–	–	(7,364)	(7,364)	PDF p. 79 Label p. 79
Interim dividend for the financial year paidSingapore dollars thousands	–	–	(3,452)	(3,452)	PDF p. 79
TotalSingapore dollars thousands	–	–	(10,816)	(10,816)	PDF p. 79
Balance at 30 June 2023Singapore dollars thousands	63,712	(950)	80,216	142,978	PDF p. 79

Definitions & sources

Original report: PDF p. 79 ↗

Group cash flows — FY2023 source / page 80

32 metrics

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Group cash flows — FY2023 source / page 80 from ANNUAL REPORT 2026
Metric / unit	2023Group	2022Group	Source
Operating activities
Profit before income taxSingapore dollars thousands	21,392	27,281	PDF p. 80
Adjustments for:
Depreciation of property, plant and equipmentSingapore dollars thousands	5,087	5,037	PDF p. 80
Depreciation of investment propertiesSingapore dollars thousands	55	53	PDF p. 80
Depreciation of right-of-use assetsSingapore dollars thousands	1,666	1,448	PDF p. 80
Interest incomeSingapore dollars thousands	(262)	(170)	PDF p. 80
Interest expenseSingapore dollars thousands	2,154	1,047	PDF p. 80
Gain on disposal of property, plant and equipmentSingapore dollars thousands	(52)	(109)	PDF p. 80
Gain on disposal of right-of-use assetsSingapore dollars thousands	–	(4)	PDF p. 80
Loss on disposal of investment propertySingapore dollars thousands	4	–	PDF p. 80
Property, plant and equipment written offSingapore dollars thousands	63	42	PDF p. 80
Bad debts (recovered) written offSingapore dollars thousands	(8)	1	PDF p. 80
(Reversal of) Loss allowance for trade and other receivablesSingapore dollars thousands	(846)	2,426	PDF p. 80
Reversal of provision for onerous contractsSingapore dollars thousands	(4,671)	(10,130)	PDF p. 80
Inventories written offSingapore dollars thousands	223	422	PDF p. 80
Allowance for (Reversal of) inventories obsolescenceSingapore dollars thousands	57	(27)	PDF p. 80
Loss on revaluation of other investmentsSingapore dollars thousands	1	1	PDF p. 80
Assets held for sale written offSingapore dollars thousands	–	164	PDF p. 80
Impairment loss on right-of-use assetsSingapore dollars thousands	2,706	–	PDF p. 80
Fair value adjustments on derivative financial instruments taken to profit or lossSingapore dollars thousands	(644)	12,277	PDF p. 80
Share of profit of associatesSingapore dollars thousands	(499)	(1,081)	PDF p. 80
Exchange differencesSingapore dollars thousands	(202)	–	PDF p. 80
Operating cash flows before movement in working capitalSingapore dollars thousands	26,224	38,678	PDF p. 80
Trade receivables (a)Singapore dollars thousands	16,401	(24,746)	PDF p. 80
Other receivablesSingapore dollars thousands	(1,667)	640	PDF p. 80
Contract assetsSingapore dollars thousands	260	2,812	PDF p. 80
InventoriesSingapore dollars thousands	(4,567)	(29,573)	PDF p. 80
Trade payablesSingapore dollars thousands	(14,805)	10,197	PDF p. 80
Other payablesSingapore dollars thousands	(612)	1,176	PDF p. 80
Contract liabilitiesSingapore dollars thousands	753	899	PDF p. 80
Cash generated from operationsSingapore dollars thousands	21,987	83	PDF p. 80
Income tax paidSingapore dollars thousands	(3,902)	(7,523)	PDF p. 80
Net cash from (used in) operating activitiesSingapore dollars thousands	18,085	(7,440)	PDF p. 80

Definitions & sources

Original report: PDF p. 80 ↗

Group cash flows — FY2023 source / page 81

18 metrics

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Group cash flows — FY2023 source / page 81 from ANNUAL REPORT 2026
Metric / unit	2023Group	2022Group	Source
Investing activities
Acquisition of a subsidiary (net of cash acquired) (Note 40)Singapore dollars thousands	(795)	–	PDF p. 81
Purchase of property, plant and equipmentSingapore dollars thousands	(5,017)	(4,521)	PDF p. 81
Proceeds from disposal of property, plant and equipmentSingapore dollars thousands	119	377	PDF p. 81
Proceeds from disposal of investment propertySingapore dollars thousands	127	–	PDF p. 81
Dividend received from an associateSingapore dollars thousands	90	108	PDF p. 81
Interest receivedSingapore dollars thousands	262	170	PDF p. 81
Net cash used in investing activitiesSingapore dollars thousands	(5,214)	(3,866)	PDF p. 81
Financing activities
Proceeds from bank borrowingsSingapore dollars thousands	159,727	82,237	PDF p. 81
Repayment of bank borrowingsSingapore dollars thousands	(155,830)	(68,685)	PDF p. 81
Repayment of principal portion of lease liabilitiesSingapore dollars thousands	(935)	(858)	PDF p. 81
Interest paidSingapore dollars thousands	(2,154)	(1,047)	PDF p. 81
Dividends paidSingapore dollars thousands	(10,816)	(10,356)	PDF p. 81
Dividends paid to non-controlling interestsSingapore dollars thousands	(30)	(104)	PDF p. 81
Net cash (used in) from financing activitiesSingapore dollars thousands	(10,038)	1,187	PDF p. 81
Net increase (decrease) in cash and cash equivalentsSingapore dollars thousands	2,833	(10,119)	PDF p. 81
Cash and cash equivalents at beginning of yearSingapore dollars thousands	29,196	39,329	PDF p. 81
Effects of exchange rate changes on the balance of cash held in foreign currenciesSingapore dollars thousands	(26)	(14)	PDF p. 81
Cash and cash equivalents at end of yearSingapore dollars thousands	32,003	29,196	PDF p. 81

Definitions & sources

Original report: PDF p. 81 ↗

Five-year financial highlights — as reported in the FY2025 annual report

5 metrics

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Five-year financial highlights — as reported in the FY2025 annual report
Metric / unit	2025Group	2024Group	2023Group	2022Group	2021Group	Source
Financial highlights
TurnoverSGD million	480.73	400.68	421.73	379.05	298.44	PDF p. 7
Profit before income taxSGD million	31.00	20.43	21.39	27.28	21.32	PDF p. 7
Shareholders’ fundsSGD million	222.16	206.88	204.81	201.69	190.24	PDF p. 7
Net asset value per sharecents per share	48.27	44.95	44.50	43.82	41.33	PDF p. 7
Earnings per sharecents per share	5.64	3.17	3.62	4.78	3.75	PDF p. 7

Definitions & sources

Original report: PDF p. 7 ↗

The report presents these figures as Financial Highlights. The displayed year labels are 2025, 2024, 2023, 2022 and 2021; the page does not separately define the period-end convention for this highlights chart.

The earnings per share figures are reported as shown in the highlights. The consolidated statement separately reports basic and diluted earnings per share of 5.64 cents for 2025 and 3.17 cents for 2024.

Where the money comes from

Segment information

By business

Segment revenue and results – 2026 9 lines

Segment revenue and results – 2026
Item / unit	2026Cable & wire	2026Electrical material distribution	2026Test & inspection	2026Renewable energy solutions	2026Others	2026Elimination	2026Total	Source
REVENUE
External sales$’000	384,134	124,506	28,780	59,827	–	–	597,247	PDF p. 175
Inter-segment sales$’000	1,510	81	9	–	–	(1,600)	–	PDF p. 175
Total revenue$’000	385,644	124,587	28,789	59,827	–	(1,600)	597,247	PDF p. 175
RESULT
Segment result$’000	7,021	3,248	71	2,849	(22)	–	13,167	PDF p. 175
Gain on the bargain purchase of acquisition of subsidiaries$’000	–	–	–	4,027	–	–	4,027	PDF p. 175
Realisation of fair value adjustment of inventories on acquisition of subsidiaries$’000	–	(1,196)	–	(1,382)	–	–	(2,578)	PDF p. 175
Interest expense$’000	(2,203)	(295)	(255)	(115)	–	–	(2,868)	PDF p. 175
Interest income$’000	165	8	23	5	–	–	201	PDF p. 175
Share of profit of associates$’000	–	1,354	–	–	–	–	1,354	PDF p. 175

Notes

Units $’000. Rows for income tax expense, non-controlling interests and profit attributable have a single printed value, in the Total column.

Segment restated comparatives are in a separate table.

Segment revenue and results – 2025 (Restated) 7 lines

Segment revenue and results – 2025 (Restated)
Item / unit	2025Cable & wire (restated)	2025Electrical material distribution (restated)	2025Test & inspection (restated)	2025Renewable energy solutions (restated)	2025Others (restated)	2025Elimination (restated)	2025Total (restated)	Source
REVENUE
External sales$’000	343,290	107,498	29,939	–	–	–	480,727	PDF p. 175
Inter-segment sales$’000	2,492	312	4	–	–	(2,808)	–	PDF p. 175
Total revenue$’000	345,782	107,810	29,943	–	–	(2,808)	480,727	PDF p. 175
RESULT
Segment result$’000	28,508	2,175	2,441	–	(20)	–	33,104	PDF p. 175
Interest expense$’000	(2,036)	(229)	(416)	–	–	–	(2,681)	PDF p. 175
Interest income$’000	124	–	29	–	–	–	153	PDF p. 175
Share of profit of associates$’000	–	420	5	–	–	–	425	PDF p. 175

Notes

Units $’000. Switchboard segment reclassified into Cable & Wire; no impact on consolidated totals. Rows for income tax, NCI and profit attributable have a single printed value, in the Total column.

Segment assets and liabilities – 2026 3 lines

Segment assets and liabilities – 2026
Item / unit	2026Cable & wire	2026Electrical material distribution	2026Test & inspection	2026Renewable energy solutions	2026Others	2026Total	Source
2026
Segment assets$’000	276,555	85,237	28,056	47,763	89	437,700	PDF p. 176
Interest in associates$’000	–	13,889	–	–	–	13,889	PDF p. 176
Segment liabilities$’000	141,765	36,853	10,623	27,439	12	216,692	PDF p. 176

Notes

Units $’000. Unallocated and consolidated rows have a single printed value, in the Total column. All assets allocated other than deferred tax assets and tax recoverable; all liabilities allocated other than deferred tax liabilities, income tax payables and bank loan used to finance the acquisition of subsidiaries.

Segment assets and liabilities – 2025 (Restated) 3 lines

Segment assets and liabilities – 2025 (Restated)
Item / unit	2025Cable & wire (restated)	2025Electrical material distribution (restated)	2025Test & inspection (restated)	2025Renewable energy solutions (restated)	2025Others (restated)	2025Total (restated)	Source
2025 (Restated)
Segment assets$’000	255,911	78,930	28,441	–	52	363,334	PDF p. 176
Interest in associates$’000	–	11,090	–	–	–	11,090	PDF p. 176
Segment liabilities$’000	102,770	30,892	10,609	–	16	144,287	PDF p. 176

Notes

Units $’000. Unallocated and consolidated rows have a single printed value, in the Total column.

Other segment information – 2026 3 lines

Other segment information – 2026
Item / unit	2026Cable & wire	2026Electrical material distribution	2026Test & inspection	2026Renewable energy solutions	2026Others	2026Total	Source
2026
Additions to non-current assets$’000	5,607	643	2,936	180	–	9,366	PDF p. 177
Depreciation and amortisation$’000	4,115	1,754	2,292	169	–	8,330	PDF p. 177
Non-cash expenses (income) other than depreciation and amortisation$’000	22,833	1,177	479	(3,806)	(13)	20,670	PDF p. 177

Notes

Units $’000.

Other segment information – 2025 (Restated) 3 lines

Other segment information – 2025 (Restated)
Item / unit	2025Cable & wire (restated)	2025Electrical material distribution (restated)	2025Test & inspection (restated)	2025Renewable energy solutions (restated)	2025Others (restated)	2025Total (restated)	Source
2025 (Restated)
Additions to non-current assets$’000	3,391	383	2,889	–	–	6,663	PDF p. 177
Depreciation and amortisation$’000	3,876	1,711	2,049	–	–	7,636	PDF p. 177
Non-cash expenses (income) other than depreciation and amortisation$’000	(3,478)	1,184	(2,027)	–	(31)	(4,352)	PDF p. 177

Notes

Units $’000.

By geography

Geographical information 10 lines

Geographical information
Item / unit	2026Revenue	2026Non-current assets	2025Revenue	2025Non-current assets	Source
Singapore$’000	340,908	40,015	335,170	35,607	PDF p. 177 PDF p. 178
Malaysia$’000	112,091	12,656	91,459	10,807	PDF p. 177 PDF p. 178
Vietnam$’000	37,622	3,007	19,729	2,436	PDF p. 177 PDF p. 178
Brunei$’000	5,323	–	3,236	–	PDF p. 177 PDF p. 178
Indonesia$’000	28,182	1,962	16,356	2,536	PDF p. 177 PDF p. 178
Cambodia$’000	8,322	–	7,617	–	PDF p. 177 PDF p. 178
Thailand$’000	58,629	247			PDF p. 177
Philippines$’000	1,282	10			PDF p. 177
Others$’000	4,888	–	7,160	–	PDF p. 177 PDF p. 178
Total$’000	597,247	57,897	480,727	51,386	PDF p. 177 PDF p. 178

Notes

Units $’000. Non-current assets exclude derivative financial instruments, investments in associates, other investments and deferred tax assets. Revenue is from external customers.

Units $’000. Total row has no printed label. No Thailand or Philippines rows printed for 2025.

Debt

Borrowings

Liquidity risk: non-derivative financial liabilities maturity, Group

Liquidity risk: non-derivative financial liabilities maturity, Group — Group
Item / unit	2026weighted average effective interest rate % per annum	2026On demand or within 1 year $'000	2026Within 2 to 5 years $'000	2026After 5 years $'000	2026Adjustments $'000	2026Total $'000	2025weighted average effective interest rate % per annum	2025On demand or within 1 year $'000	2025Within 2 to 5 years $'000	2025After 5 years $'000	2025Adjustments $'000	2025Total $'000	Source
Group
Non-interest bearing% / $'000	–	62,596	–	–	–	62,596	–	42,067	–	–	–	42,067	PDF p. 121
Lease liabilities (fixed rate)% / $'000	3.98	2,289	4,916	9,655	(4,099)	12,761	4.16	1,950	4,838	6,600	(3,167)	10,221	PDF p. 121
Variable interest rate instruments% / $'000	3.36	4,333	9,509	–	(853)	12,989							PDF p. 121
Fixed interest rate instruments% / $'000	2.50	92,660	–	–	(491)	92,169	3.11	80,860	–	–	(296)	80,564	PDF p. 121

Notes

Undiscounted cash flows including interest and principal; based on earliest date the group and company can be required to pay. Adjustment column represents possible future cash flows attributable to the instrument not included in carrying amount. Printed total row: 161,878 14,425 9,655 (5,443) 180,515.

Label wraps across two lines as 'Fixed interest rate instruments'. Printed total row: 124,877 4,838 6,600 (3,463) 132,852.

Liquidity risk: non-derivative financial liabilities maturity, Company

Liquidity risk: non-derivative financial liabilities maturity, Company — Company
Item / unit	2026weighted average effective interest rate % per annum	2026On demand or within 1 year $'000	2026Within 2 to 5 years $'000	2026After 5 years $'000	2026Adjustments $'000	2026Total $'000	2025weighted average effective interest rate % per annum	2025On demand or within 1 year $'000	2025Within 2 to 5 years $'000	2025After 5 years $'000	2025Adjustments $'000	2025Total $'000	Source
Company
Non-interest bearing% / $'000	–	17,062	–	–	–	17,062	–	14,298	–	–	–	14,298	PDF p. 122
Lease liabilities (fixed rate)% / $'000	3.60	516	1,973	5,132	(1,778)	5,843	3.62	532	1,934	1,491	(548)	3,409	PDF p. 122
Variable interest rate instruments% / $'000	2.58	1,407	6,220	–	(519)	7,108							PDF p. 122
Fixed interest rate instruments% / $'000	1.83	32,735	–	–	(59)	32,676	3.00	38,334	–	–	(8)	38,326	PDF p. 122

Notes

Printed total row: 51,720 8,193 5,132 (2,356) 62,689. Maximum amount company could be forced to settle under corporate guarantees for subsidiaries' credit facilities (Note 36) is $82,756,000 (2025 : $45,030,000), callable within 1 year.

Label wraps across two lines as 'Fixed interest rate instruments'. Printed total row: 53,164 1,934 1,491 (556) 56,033.

Lease liabilities (group as a lessee) maturity analysis

Lease liabilities (group as a lessee) maturity analysis
Item / unit	2026Group, $'000	2025Group, $'000	2026Company, $'000	2025Company, $'000	Source
Maturity analysis
Year 1$'000	2,289	1,950	516	532	PDF p. 161
Year 2$'000	1,842	1,601	495	500	PDF p. 161
Year 3$'000	1,120	1,267	495	478	PDF p. 161
Year 4$'000	1,002	989	495	478	PDF p. 161
Year 5$'000	951	981	489	478	PDF p. 161
Year 6 onwards$'000	9,656	6,600	5,132	1,491	PDF p. 161
Less: Unearned interest$'000	(4,099)	(3,167)	(1,779)	(548)	PDF p. 161
Analysed as
Current$'000	1,839	1,529	311	408	PDF p. 161
Non-current$'000	10,922	8,692	5,532	3,001	PDF p. 161

Notes

Undiscounted total of maturity analysis printed as 16,860 / 13,388 / 7,622 / 3,957; net lease liabilities 12,761 / 10,221 / 5,843 / 3,409. The group does not face a significant liquidity risk with regard to its lease liabilities.

Borrowing notes 3 tables

Bank borrowings

Bank borrowings
Item / unit	2026Group, $'000	2025Group, $'000	2026Company, $'000	2025Company, $'000	Source
Bank borrowings
Bank loans$'000	16,727	4,231	7,108	–	PDF p. 156
Trust receipts and bills payable to banks$'000	89,506	80,153	32,676	38,326	PDF p. 156
Total$'000	106,233	84,384	39,784	38,326	PDF p. 156
Less : Non-current$'000	(8,980)	–	(5,872)	–	PDF p. 156
Current bank borrowings$'000	97,253	84,384	33,912	38,326	PDF p. 156

Notes

Secured by: i) negative pledge over all assets of a subsidiary; and ii) corporate guarantees given to subsidiaries of up to RM199 million ($63.41 million) [2025 : RM135.50 million ($40.84 million)], US$16 million ($20.71 million) [2025 : US$10 million ($12.76 million)], IDR40 billion ($2.89 million) [2025 : IDRNil], THB915.37 million ($35.52 million) [2025 : THBNil] and $21.20 million (2025 : $24.32 million) by the company (Note 36).

Bank borrowings for the group and company amounting to $92,169,000 (2025 : $80,563,000) and $32,676,000 (2025 : $38,326,000) bear fixed interest rates ranging from 1.55% to 2.99% (2025 : 2.08% to 10.00%) and 1.55% to 2.46% (2025 : 2.08% to 4.92%) per annum respectively.

Certain bank loans for the group and company amounting to $12,989,000 (2025 : $Nil) and $7,108,000 (2025 : $Nil) bear variable interest rates with average effective interest rate of 3.36% (2025 : Nil) and 2.58% (2025 : Nil) respectively.

Bills payables to banks amounting $1,075,000 (2025 : $3,821,000) are non-interest bearing. Trust receipt and bill payables to banks are due within 12 months. The current portion of secured bank loan is due within 12 months, and the non-current portion is due within 2 to 5 years.

Statements of financial position: borrowings and lease liabilities

Statements of financial position: borrowings and lease liabilities
Item / unit	2026Group, $'000	2025Group, $'000	2026Company, $'000	2025Company, $'000	Source
Current liabilities
Bank borrowings$'000	97,253	84,384	33,912	38,326	PDF p. 87
Lease liabilities$'000	1,839	1,529	311	408	PDF p. 87
Non-current liabilities
Bank borrowings$'000	8,980	–	5,872	–	PDF p. 87
Lease liabilities$'000	10,922	8,692	5,532	3,001	PDF p. 87

Notes

Balance sheet at 30 June 2026.

Reconciliation of liabilities arising from financing activities (year ended 30 June 2026)

Reconciliation of liabilities arising from financing activities (year ended 30 June 2026) — Group
Item / unit	20261 July 2025 $'000	2026Financing cash flow $'000	2026New leases $'000	2026De-recognition of leases $'000	2026Foreign exchange movement $'000	202630 June 2026 $'000	Source
Reconciliation 2026
Bank borrowings (Note 20)$'000	84,384	20,045	–	–	1,804	106,233	PDF p. 157
Lease liabilities (Note 25)$'000	10,221	(4,100)	6,670	(97)	67	12,761	PDF p. 157

Notes

Labels wrap: 'Bank borrowings' / '(Note 20)' and 'Lease liabilities' / '(Note 25)'. FY2025 comparative reconciliation (1 July 2024 to 30 June 2025: bank borrowings 47,307, 35,496, 955, –, 626, 84,384; lease liabilities 12,462, (1,867), 2,155, (2,483), (46), 10,221) is also printed on the same page.

Payout

Dividends & distributions

Dividend policy

Item	Value	Period / scope	Source
Dividend Policy (Provision 11.6)	While it does not have a dividend policy, the Board in considering the form, frequency and amounts of dividend will take into account factors such as the Company’s earnings, financial condition, capital requirements, business expansion plans and cash flow, with a view to pay a sustainable dividend over time, consistent with long-term growth prospects.	Company	PDF p. 76

Dividends declared and proposed

Item	Value	Period / scope	Source
Final tax-exempt dividend (recommended)	1.60 cents per ordinary share	FY2026 final dividend, proposed, subject to shareholder approval at AGM	PDF p. 167
Interim tax-exempt dividend	0.75 cents per ordinary share	FY2026 interim dividend, declared and paid	PDF p. 167
Final tax-exempt dividend	1.60 cents per ordinary share	FY2025 final dividend, paid in FY2026 (comparative)	PDF p. 167
Interim tax-exempt dividend	0.75 cents per ordinary share	FY2025 interim dividend (comparative)	PDF p. 167
DIVIDEND PER ORDINARY SHARE	2.35 cents per ordinary share	FY2025 comparative total	PDF p. 3

Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.

Auditor’s report

Audit & risk signals

Audit opinion

Item	Value	Period / scope	Source
Audit firm	Deloitte & Touche LLP	Group	PDF p. 86
Engagement partner	Ms. Kong Lai San	Group	PDF p. 86
Opinion	In our opinion, the accompanying consolidated financial statements of the group and the statement of financial position and statement of changes in equity of the company are properly drawn up in accordance with the provisions of the Companies Act 1967 (the “Act”) and Singapore Financial Reporting Standards (International) (“SFRS(I)s”) so as to give a true and fair view	Group and company, year ended 30 June 2026	PDF p. 82

Key audit matters

Item	Value	Period / scope	Source
Provision for onerous contracts	Provision for onerous contracts	Group	PDF p. 83
Provision for onerous contracts	The group enters into sales contracts with customers for	Group	PDF p. 83
Allowance for inventories	Allowance for inventories	Group	PDF p. 84
Allowance for inventories	Such inventories comprise cable and wire products, electrical	Group	PDF p. 84

Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.

How to read these figures

Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.

Comparative figures follow ANNUAL REPORT 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

Primary statements cover FY2022–FY2026 using three official annual reports. Group income, comprehensive income, cash flows and changes in equity, Group and Company balance sheets, and Company changes in equity are retained. Separate Company income and cash-flow statements are not disclosed in the primary set.

Monetary primary statements use Singapore dollars thousands; EPS uses Singapore cents. The shared Company equity balance is retained in both adjacent financial-period tables.

Five-year highlights use rounded Singapore dollars millions and Singapore cents. NAV and shareholders’ funds use equity attributable to owners, excluding non-controlling interests.

Selected notes cover cash, bank borrowings, other operating income, finance costs, expenses, EPS inputs and dividends. Other note tables are not claimed as extracted.

FY2025 gain on disposal of property, plant and equipment is printed as 40 in the other operating income note and 36 in cash flows and the expense note. Both original values are retained; no unsupported reconciliation is imposed.

The recommended FY2026 final dividend is subject to shareholder approval and is not included as a liability. Cash paid during FY2026 includes the prior FY2025 final dividend.

These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.