Tung Lok Rest 540
Financials
Annual Report 2026 - Tung Lok Restaurants (2000) Ltd
Explore the statements
14 tablesConsolidated income statement (Group)
17 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 March 2026 | 2025Group, FY ended 31 March 2025 | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$ | 79,609,068 | 82,122,372 | PDF p. 59 |
| Cost of sales$ | (21,906,873) | (23,264,330) | PDF p. 59 |
| Gross profit$ | 57,702,195 | 58,858,042 | PDF p. 59 |
| Other operating income$ | 1,521,124 | 2,507,747 | PDF p. 59 |
| Administrative expenses$ | (33,028,792) | (33,133,534) | PDF p. 59 |
| Other operating expenses$ | (27,225,569) | (29,033,461) | PDF p. 59 |
| Share of loss of a joint venture$ | (1,730) | (21,350) | PDF p. 59 |
| Share of profits of associates$ | 46,203 | 35,884 | PDF p. 59 |
| Finance costs$ | (995,383) | (869,292) | PDF p. 59 |
| Loss before tax$ | (1,981,952) | (1,655,964) | PDF p. 59 |
| Income tax credit$ | 72,043 | 43,542 | PDF p. 59 |
| Loss for the year$ | (1,909,909) | (1,612,422) | PDF p. 59 |
| (Loss)/income attributable to | |||
| Owners of the Company$ | (1,666,944) | (1,772,355) | PDF p. 59 |
| Non-controlling interests$ | (242,965) | 159,933 | PDF p. 59 |
| Subtotal$ | (1,909,909) | (1,612,422) | PDF p. 59 |
| Loss per share (cents) | |||
| Basiccents per share | (0.61) | (0.65) | PDF p. 59 |
| Dilutedcents per share | (0.61) | (0.65) | PDF p. 59 |
Definitions & sources
Original report: PDF p. 59 ↗
Company has no separate income statement; only Group presented.
Consolidated statement of comprehensive income (Group)
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 March 2026 | 2025Group, FY ended 31 March 2025 | Source |
|---|---|---|---|
| Statement of comprehensive income | |||
| Loss for the year$ | (1,909,909) | (1,909,909) | PDF p. 60 |
| Other comprehensive income: Item that will not be reclassified subsequently to profit or loss | |||
| Fair value gain on an unquoted equity at fair value through other comprehensive income$ | 350,000 | – | PDF p. 60 |
| Statement of comprehensive income | |||
| Total comprehensive loss for the year$ | (1,559,909) | (1,612,422) | PDF p. 60 |
| Total comprehensive (loss)/income attributable to | |||
| Owners of the Company$ | (1,316,944) | (1,772,355) | PDF p. 60 |
| Non-controlling interests$ | (242,965) | 159,933 | PDF p. 60 |
| Subtotal$ | (1,559,909) | (1,612,422) | PDF p. 60 |
Definitions & sources
Original report: PDF p. 60 ↗
The 2025 'Loss for the year' is printed as (1,909,909) on this page, differing from (1,612,422) on the income statement page; reproduced as printed. The fair value gain label wraps over two lines.
Balance sheets - Group
36 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, as at 31 March 2026 | 2025Group, as at 31 March 2025 | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balances$ | 12,547,527 | 13,337,040 | PDF p. 61 |
| Trade receivables$ | 2,509,003 | 2,958,254 | PDF p. 61 |
| Other receivables and prepayments$ | 1,318,109 | 1,840,493 | PDF p. 61 |
| Inventories$ | 2,113,973 | 2,263,595 | PDF p. 61 |
| Total current assets$ | 18,488,612 | 20,399,382 | PDF p. 61 |
| Non-current assets | |||
| Other receivables and prepayments$ | – | 2,895 | PDF p. 61 |
| Long-term security deposits$ | 1,091,242 | 1,223,976 | PDF p. 61 |
| Interests in subsidiaries$ | – | – | PDF p. 61 |
| Interests in a joint venture$ | – | 11,630 | PDF p. 61 |
| Interests in associates$ | 93,373 | 493,082 | PDF p. 61 |
| Investment in unquoted equities$ | 350,000 | – | PDF p. 61 |
| Property, plant and equipment$ | 5,838,041 | 6,965,218 | PDF p. 61 |
| Deferred tax assets$ | 704,149 | 685,404 | PDF p. 61 |
| Right-of-use assets$ | 22,075,156 | 23,052,544 | PDF p. 61 |
| Total non-current assets$ | 30,151,961 | 32,434,749 | PDF p. 61 |
| Assets | |||
| Total assets$ | 48,640,573 | 52,834,131 | PDF p. 61 |
| Current liabilities | |||
| Trade payables$ | 2,735,300 | 2,817,801 | PDF p. 61 |
| Other payables$ | 8,172,865 | 8,773,483 | PDF p. 61 |
| Bank loans$ | 398,254 | 1,010,255 | PDF p. 61 |
| Lease liabilities$ | 5,978,506 | 5,878,994 | PDF p. 61 |
| Total current liabilities$ | 17,284,925 | 18,480,533 | PDF p. 61 |
| Net current assets$ | 1,203,687 | 1,918,849 | PDF p. 61 |
| Non-current liabilities | |||
| Other payables$ | 2,883,503 | 3,043,920 | PDF p. 62 |
| Bank loans$ | – | 398,250 | PDF p. 62 |
| Lease liabilities$ | 16,970,553 | 17,739,627 | PDF p. 62 |
| Deferred tax liabilities$ | 31,735 | 67,033 | PDF p. 62 |
| Total non-current liabilities$ | 19,885,791 | 21,248,830 | PDF p. 62 |
| Liabilities | |||
| Total liabilities$ | 37,170,716 | 39,729,363 | PDF p. 62 |
| Net assets | |||
| Net assets$ | 11,469,857 | 13,104,768 | PDF p. 62 |
| Capital, reserves and non-controlling interests | |||
| Share capital$ | 28,450,434 | 28,450,434 | PDF p. 62 |
| Accumulated losses$ | (16,627,971) | (14,961,027) | PDF p. 62 |
| Other reserves$ | (630,603) | – | PDF p. 62 |
| Equity attributable to owners of the Company$ | 11,191,860 | 13,489,407 | PDF p. 62 |
| Non-controlling interests$ | 277,997 | (384,639) | PDF p. 62 |
| Net equity$ | 11,469,857 | 13,104,768 | PDF p. 62 |
| Total liabilities and equity$ | 48,640,573 | 52,834,131 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 61 ↗ PDF p. 62 ↗
Group columns of the balance sheet; balance sheet spans physical pages 61-62.
Balance sheets - Company
21 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company, as at 31 March 2026 | 2025Company, as at 31 March 2025 | Source |
|---|---|---|---|
| Current assets | |||
| Cash and bank balances$ | 3,311,904 | 2,711,939 | PDF p. 61 |
| Trade receivables$ | – | – | PDF p. 61 |
| Other receivables and prepayments$ | 68,486 | 539,184 | PDF p. 61 |
| Inventories$ | – | – | PDF p. 61 |
| Total current assets$ | 3,380,390 | 3,251,123 | PDF p. 61 |
| Non-current assets | |||
| Interests in subsidiaries$ | 15,955,514 | 16,020,157 | PDF p. 61 |
| Investment in unquoted equities$ | 350,000 | – | PDF p. 61 |
| Total non-current assets$ | 16,305,514 | 16,020,157 | PDF p. 61 |
| Assets | |||
| Total assets$ | 19,685,904 | 19,271,280 | PDF p. 61 |
| Current liabilities | |||
| Other payables$ | 35,400 | 102,978 | PDF p. 61 |
| Total current liabilities$ | 35,400 | 102,978 | PDF p. 61 |
| Net current assets$ | 3,344,990 | 3,148,145 | PDF p. 61 |
| Liabilities | |||
| Total liabilities$ | 35,400 | 102,978 | PDF p. 62 |
| Net assets | |||
| Net assets$ | 19,650,504 | 19,168,302 | PDF p. 62 |
| Capital, reserves and non-controlling interests | |||
| Share capital$ | 28,450,434 | 28,450,434 | PDF p. 62 |
| Accumulated losses$ | (9,149,930) | (9,282,132) | PDF p. 62 |
| Other reserves$ | 350,000 | – | PDF p. 62 |
| Equity attributable to owners of the Company$ | 19,650,504 | 19,168,302 | PDF p. 62 |
| Non-controlling interests$ | – | – | PDF p. 62 |
| Net equity$ | 19,650,504 | 19,168,302 | PDF p. 62 |
| Total liabilities and equity$ | 19,685,904 | 19,271,280 | PDF p. 62 |
Definitions & sources
Original report: PDF p. 61 ↗ PDF p. 62 ↗
Company columns of the balance sheet; rows with no Company amount for non-applicable lines (e.g. joint venture, associates, PPE, right-of-use assets, deferred tax, non-current payables/loans/leases) print '–' and are omitted except where shown. Rows quoted are the full printed row including Group columns.
Consolidated statement of comprehensive income (Group)
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 31 March 2026, $ | 2025Group, year ended 31 March 2025, $ | Source |
|---|---|---|---|
| Income statement | |||
| Loss for the year$ | (1,909,909) | (1,909,909) | PDF p. 60 |
| Other comprehensive income: Item that will not be reclassified subsequently to profit or loss | |||
| Fair value gain on an unquoted equity at fair value through other comprehensive income$ | 350,000 | – | PDF p. 60 |
| Other comprehensive income | |||
| Total comprehensive loss for the year$ | (1,559,909) | (1,612,422) | PDF p. 60 |
| Total comprehensive (loss)/income attributable to | |||
| Owners of the Company$ | (1,316,944) | (1,772,355) | PDF p. 60 |
| Non-controlling interests$ | (242,965) | 159,933 | PDF p. 60 |
| Total comprehensive (loss)/income attributable to (total)$ | (1,559,909) | (1,612,422) | PDF p. 60 |
Definitions & sources
Original report: PDF p. 60 ↗
Printed as is: the 2025 'Loss for the year' is shown as (1,909,909), identical to 2026, while 2025 total comprehensive loss is (1,612,422). The unlabelled total row under attribution is the sum line.
Fair value gain row label wraps across two lines: 'Fair value gain on an unquoted equity at fair value through other comprehensive' / 'income'; the quote given is the second-line fragment containing the values.
Group statement of changes in equity, year ended 31 March 2026
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Share capital, $ | 2026Group, Accumulated losses, $ | 2026Group, Other reserves, $ | 2026Group, Equity attributable to owners of the Company, total, $ | 2026Group, Non-controlling interests, $ | 2026Group, Total, $ | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| At 1 April 2025$ | 28,450,434 | (14,961,027) | – | 13,489,407 | (384,639) | 13,104,768 | PDF p. 63 |
| Loss for the year$ | – | (1,666,944) | – | (1,666,944) | (242,965) | (1,909,909) | PDF p. 63 |
| Other comprehensive income | |||||||
| Fair value gain on an unquoted equity at fair value through other comprehensive income (Note 27)$ | – | – | 350,000 | 350,000 | – | 350,000 | PDF p. 63 |
| Other comprehensive income for the year, net of tax$ | – | – | 350,000 | 350,000 | – | 350,000 | PDF p. 63 |
| Group | |||||||
| Total comprehensive loss for the year, net of tax$ | – | (1,666,944) | 350,000 | (1,316,944) | (242,965) | (1,559,909) | PDF p. 63 |
| Contributions by and distributions to owners | |||||||
| Acquisition of remaining shareholding interests from non-controlling interests in a subsidiary (Note 27)$ | – | – | (980,603) | (980,603) | 980,601 | (2) | PDF p. 63 |
| Dividends paid to non-controlling interest in a subsidiary$ | – | – | – | – | (75,000) | (75,000) | PDF p. 63 |
| Total transactions with owners in their capacity as owners$ | – | – | (980,603) | (980,603) | 905,601 | (75,002) | PDF p. 63 |
| Group | |||||||
| At 31 March 2026$ | 28,450,434 | (16,627,971) | (630,603) | 11,191,860 | 277,997 | 11,469,857 | PDF p. 63 |
Definitions & sources
Original report: PDF p. 63 ↗
Share capital, Accumulated losses and Other reserves are attributable to owners of the Company. Several row labels wrap across two lines in the source; quotes for those rows are the line fragments carrying the values.
Group statement of changes in equity, year ended 31 March 2025
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Share capital, $ | 2025Group, Accumulated losses, $ | 2025Group, Equity attributable to owners of the Company, total, $ | 2025Group, Non-controlling interests, $ | 2025Group, Total, $ | Source |
|---|---|---|---|---|---|---|
| Group | ||||||
| At 1 April 2024$ | 28,450,434 | (12,574,016) | 15,876,418 | (218,572) | 15,657,846 | PDF p. 64 |
| (Loss)/profit for the year$ | – | (1,772,355) | (1,772,355) | 159,933 | (1,612,422) | PDF p. 64 |
| Contributions by and distributions to owners | ||||||
| Dividends paid to non-controlling interest in a subsidiary$ | – | – | – | (326,000) | (326,000) | PDF p. 64 |
| Total transactions with owners in their capacity as owners$ | – | (614,656) | (614,656) | (326,000) | (940,656) | PDF p. 64 |
| Group | ||||||
| At 31 March 2025$ | 28,450,434 | (14,961,027) | 13,489,407 | (384,639) | 13,104,768 | PDF p. 64 |
Definitions & sources
Original report: PDF p. 64 ↗
No Other reserves column is printed in the 2025 comparative statement.
Company statement of changes in equity
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Company, Share capital, $ | 2026Company, Accumulated losses, $ | 2026Company, Other reserves, $ | 2026Company, Total, $ | Source |
|---|---|---|---|---|---|
| Company (FY2025 opening) | |||||
| At 1 April 2024$ | 28,450,434 | (9,547,847) | – | 18,902,587 | PDF p. 65 |
| Company (FY2025) | |||||
| Profit for the year, representing total comprehensive income for the year$ | – | 880,371 | – | 880,371 | PDF p. 65 |
| Company | |||||
| At 31 March 2025 and 1 April 2025$ | 28,450,434 | (9,282,132) | – | 19,168,302 | PDF p. 65 |
| Company (FY2026) | |||||
| Profit for the year, representing total comprehensive income for the year$ | – | 132,202 | – | 132,202 | PDF p. 65 |
| Fair value gain on an unquoted equity at fair value through other comprehensive income (Note 27)$ | – | – | 350,000 | 350,000 | PDF p. 65 |
| Company | |||||
| At 31 March 2026$ | 28,450,434 | (9,149,930) | 350,000 | 19,650,504 | PDF p. 65 |
Definitions & sources
Original report: PDF p. 65 ↗
Single sequential statement covering FY2025 (from 1 April 2024) and FY2026; column year label 2026 denotes the latest closing position, rows are labelled by period in section.
Consolidated cash flow statement (Group) - operating and investing activities
37 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 31 March 2026, $ | 2025Group, year ended 31 March 2025, $ | Source |
|---|---|---|---|
| Operating activities | |||
| Loss before tax$ | (1,981,952) | (1,655,964) | PDF p. 66 |
| Operating activities - Adjustment for | |||
| Share of loss of a joint venture$ | 1,730 | 21,350 | PDF p. 66 |
| Share of profits of associates$ | (46,203) | (35,884) | PDF p. 66 |
| Depreciation of right-of-use assets$ | 6,848,786 | 6,644,931 | PDF p. 66 |
| Depreciation of property, plant and equipment$ | 1,795,135 | 2,197,225 | PDF p. 66 |
| Interest income$ | (93,912) | (233,477) | PDF p. 66 |
| Interest expense$ | 995,383 | 869,292 | PDF p. 66 |
| Loss on disposal of property, plant and equipment$ | – | 15,236 | PDF p. 66 |
| Gain on disposal of right-of-use assets$ | (1,835) | (21,193) | PDF p. 66 |
| Write-off of property, plant and equipment$ | 15,392 | 370,275 | PDF p. 66 |
| Impairment loss on property, plant and equipment$ | 50,009 | 179,629 | PDF p. 66 |
| Allowance for expected credit losses - trade receivables$ | 1,337 | – | PDF p. 66 |
| Foreign exchange loss$ | 7,980 | 3,937 | PDF p. 66 |
| Reversal of provision for reinstatement costs$ | (12,104) | – | PDF p. 66 |
| Dividend income from an unquoted equity$ | (76,075) | (103,110) | PDF p. 66 |
| Reversal of lease liabilities$ | (38,341) | (421,760) | PDF p. 66 |
| Rebate on lease rental of kitchen equipment$ | – | (312) | PDF p. 66 |
| Operating activities | |||
| Operating cash flows before changes in working capital$ | 7,465,330 | 7,830,175 | PDF p. 66 |
| Operating activities - Changes in working capital | |||
| Decrease in trade receivables$ | 439,934 | 787,476 | PDF p. 66 |
| Decrease in other receivables and prepayments$ | 435,331 | 337,360 | PDF p. 66 |
| Decrease/(increase) in inventories$ | 149,622 | (75,580) | PDF p. 66 |
| Decrease/(increase) in long-term security deposits$ | 132,734 | (95,027) | PDF p. 66 |
| Decrease in trade payables$ | (82,501) | (279,297) | PDF p. 66 |
| Decrease in other payables$ | (854,321) | (570,932) | PDF p. 66 |
| Operating activities | |||
| Cash flows from operations$ | 7,686,129 | 7,934,175 | PDF p. 66 |
| Interest paid$ | (31,912) | (65,557) | PDF p. 66 |
| Interest received$ | 101,011 | 239,960 | PDF p. 66 |
| Income tax credits/(net income tax paid)$ | 18,000 | (261,222) | PDF p. 66 |
| Net cash flows from operating activities$ | 7,773,228 | 7,847,356 | PDF p. 66 |
| Investing activities | |||
| Purchase of property, plant and equipment$ | (664,166) | (1,213,634) | PDF p. 66 |
| Proceeds from disposal of property, plant and equipment$ | 8,000 | – | PDF p. 66 |
| Proceeds from disposal of right-of-use assets$ | 1,835 | 21,193 | PDF p. 66 |
| Dividend received from an unquoted equity$ | 76,075 | 103,110 | PDF p. 66 |
| Dividend received from an associate$ | 280,000 | – | PDF p. 66 |
| Repayment of capital from associates$ | 165,912 | – | PDF p. 66 |
| Repayment of capital from a joint venture$ | 9,900 | – | PDF p. 66 |
| Net cash flows used in investing activities$ | (122,444) | (1,089,331) | PDF p. 66 |
Definitions & sources
Original report: PDF p. 66 ↗
Note column references (6, 5, 7, A, B, D) are printed in a Note column and not included in values.
Consolidated cash flow statement (Group) - financing activities and closing cash
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 31 March 2026, $ | 2025Group, year ended 31 March 2025, $ | Source |
|---|---|---|---|
| Financing activities | |||
| Dividends paid to owners of the Company$ | – | (614,656) | PDF p. 67 |
| Dividends paid to non-controlling interest in a subsidiary$ | (75,000) | (326,000) | PDF p. 67 |
| Repayment of bank loans$ | (1,010,251) | (1,258,655) | PDF p. 67 |
| Payment of principal portion of lease liabilities$ | (6,427,770) | (6,440,764) | PDF p. 67 |
| Interest paid in relation to lease liabilities$ | (927,276) | (776,222) | PDF p. 67 |
| Net cash flows used in financing activities$ | (8,440,297) | (9,416,297) | PDF p. 67 |
| Net change in cash | |||
| Net decrease in cash and bank balances$ | (789,513) | (2,658,272) | PDF p. 67 |
| Cash and bank balances at the beginning of the financial year$ | 13,337,040 | 15,995,312 | PDF p. 67 |
| Cash and bank balances at the end of the financial year$ | 12,547,527 | 13,337,040 | PDF p. 67 |
Definitions & sources
Original report: PDF p. 67 ↗
Note A: During the financial year, the Group recorded additions to property, plant and equipment with an aggregate cost of $733,359 (2025: $1,235,788) of which $130,784 (2025: $61,591) remained unpaid at the end of the reporting period. Cash payments of $664,166 (2025: $1,213,634) were made for the purchase of property, plant and equipment.
Note B: During the financial year, the Group recorded disposal of property, plant and equipment at an aggregate cost of $Nil (2025: $8,000) of which $Nil (2025: $8,000) remained unpaid from a third party at the end of the reporting period.
Note C: During the financial year, a subsidiary of the Group declared dividends amounting to $75,000 (2025: $326,000) to its non-controlling interest.
Note D: During the financial year, the Group acquired remaining issued and paid-up share capital of a subsidiary from existing minority shareholders of the subsidiary for an aggregate cash consideration of $2 (2025: $Nil) of which $2 (2025: $Nil) remained unpaid at the end of the reporting period.
Historical Financial Summary - Operating results for the Group
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group FY2022 | 2023Group FY2023 | 2024Group FY2024 | 2025Group FY2025 | 2026Group FY2026 | Source |
|---|---|---|---|---|---|---|
| Operating results for the Group | ||||||
| TurnoverS$'000 | 52,223 | 86,192 | 89,968 | 82,122 | 79,609 | PDF p. 18 |
| (Loss)/profit before tax and share of profits/(losses) of jointS$'000 | (1,862) | 5,393 | 3,081 | (1,671) | (2,026) | PDF p. 18 |
| Share of profits/(losses) of joint venture & associatesS$'000 | – | 49 | (405) | 15 | 44 | PDF p. 18 |
| TaxationS$'000 | 5 | (68) | 15 | 44 | 72 | PDF p. 18 |
| (Loss)/profit after taxation but before non-controlling interestsS$'000 | (1,857) | 5,374 | 2,691 | (1,612) | (1,910) | PDF p. 18 |
| (Loss)/profit attributable to the owners of the CompanyS$'000 | (1,840) | 4,203 | 2,046 | (1,772) | (1,667) | PDF p. 18 |
| (Loss)/earning per share (cents)cents | (0.67) | 1.53 | 0.75 | (0.65) | (0.61) | PDF p. 18 |
Definitions & sources
Original report: PDF p. 18 ↗
Historical Financial Summary - Financial position for the Group
11 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group, 31 Mar 2022 | 2023Group, 31 Mar 2023 | 2024Group, 31 Mar 2024 | 2025Group, 31 Mar 2025 | 2026Group, 31 Mar 2026 | Source |
|---|---|---|---|---|---|---|
| Financial position for the Group | ||||||
| Property, plant and equipmentS$'000 | 7,245 | 8,511 | 8,500 | 6,965 | 5,838 | PDF p. 18 |
| Right-of-use assetsS$'000 | 14,562 | 14,643 | 20,629 | 23,053 | 22,075 | PDF p. 18 |
| Current assetsS$'000 | 18,295 | 23,117 | 24,221 | 20,399 | 18,489 | PDF p. 18 |
| Other non-current assetsS$'000 | 1,856 | 1,774 | 2,304 | 2,417 | 2,239 | PDF p. 18 |
| Total assetsS$'000 | 41,958 | 48,045 | 55,654 | 52,834 | 48,641 | PDF p. 18 |
| Current liabilitiesS$'000 | 14,027 | 18,096 | 19,388 | 18,481 | 17,285 | PDF p. 18 |
| Non-current liabilitiesS$'000 | 17,724 | 14,879 | 20,608 | 21,249 | 19,886 | PDF p. 18 |
| Shareholders’ equityS$'000 | 11,681 | 15,885 | 15,876 | 13,489 | 11,192 | PDF p. 18 |
| Non-controlling interestsS$'000 | (1,474) | (815) | (218) | (385) | 278 | PDF p. 18 |
| Total liabilities and equityS$'000 | 41,958 | 48,045 | 55,654 | 52,834 | 48,641 | PDF p. 18 |
| NTA per share (cents)cents | 4.26 | 5.79 | 5.79 | 4.92 | 4.08 | PDF p. 18 |
Definitions & sources
Original report: PDF p. 18 ↗
Note 10 Loss per share (Group)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group FY2026 | 2025Group FY2025 | Source |
|---|---|---|---|
| Loss per share is based on | |||
| Loss attributable to owners of the Company$ | (1,666,944) | (1,772,355) | PDF p. 87 |
| Number of shares | |||
| Weighted average number of ordinary shares for the purpose of calculating basic loss per sharenumber of shares | 274,400,000 | 274,400,000 | PDF p. 87 |
| Loss per share | |||
| Loss per share (cents)cents | (0.61) | (0.65) | PDF p. 87 |
Definitions & sources
Original report: PDF p. 87 ↗
Only basic loss per share presented; no diluted figure printed.
Note 33 Capital risk management - debt-to-adjusted capital ratio (Group)
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group 31 Mar 2026 | 2025Group 31 Mar 2025 | Source |
|---|---|---|---|
| Net debt | |||
| All current and non-current borrowings including lease liabilities$ | 23,347,313 | 25,027,126 | PDF p. 119 |
| Less: Cash and cash equivalents$ | (12,547,527) | (13,337,040) | PDF p. 119 |
| Net debt$ | 10,799,786 | 11,690,086 | PDF p. 119 |
| Adjusted capital | |||
| Total equity$ | 11,469,857 | 13,104,768 | PDF p. 119 |
| Ratio | |||
| Debt-to-adjusted capital ratio% | 94 | 89 | PDF p. 119 |
Definitions & sources
Original report: PDF p. 119 ↗
The management monitors the capital on the basis of the debt-to-adjusted capital ratio. This ratio is calculated as net debt/adjusted capital (as shown below). Net debt is calculated as total borrowings less cash and cash equivalents. Adjusted capital comprises all components of equity (i.e. share capital and retained earnings):
The Group’s policy is to keep the debt-to-adjusted capital ratio below 100%.
Where the money comes from
Segment information
By business
Business segment 23 lines
| Item / unit | 2026Restaurant operations | 2026Catering operations | 2026Manufacturing operations | 2026Others | 2026Elimination | 2026Total | 2025Restaurant operations | 2025Catering operations | 2025Manufacturing operations | 2025Others | 2025Elimination | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||||||
| Revenue from external customers$ | 71,277,001 | 7,038,837 | 996,617 | 296,613 | – | 79,609,068 | 73,273,171 | 6,993,028 | 1,513,005 | 343,168 | – | 82,122,372 | PDF p. 108PDF p. 109 |
| Inter-segment revenue$ | 239,142 | 2,106,024 | 4,670,671 | 3,374,508 | (10,390,345) | – | 359,665 | 2,148,942 | 4,493,590 | 3,318,208 | (10,320,405) | – | PDF p. 108PDF p. 109 |
| Total segment revenue$ | 71,516,143 | 9,144,861 | 5,667,288 | 3,671,121 | (10,390,345) | 79,609,068 | 73,632,836 | 9,141,970 | 6,006,595 | 3,661,376 | (10,320,405) | 82,122,372 | PDF p. 108PDF p. 109 |
| Results | |||||||||||||
| Profit/(loss) from operations$ | 1,161,384 | (50,419) | (651,940) | (1,583,979) | – | (1,124,954) | 1,170,393 | (758,370) | (207,571) | (1,239,135) | – | (1,034,683) | PDF p. 108PDF p. 109 |
| Finance costs$ | (633,634) | (175,609) | (57,014) | (129,126) | – | (995,383) | (558,862) | (129,422) | (50,896) | (130,112) | – | (869,292) | PDF p. 108PDF p. 109 |
| Finance income$ | 55,713 | – | – | 38,199 | – | 93,912 | 145,107 | – | – | 88,370 | – | 233,477 | PDF p. 108PDF p. 109 |
| Share of loss of a joint venture$ | (1,730) | – | – | – | – | (1,730) | PDF p. 108 | ||||||
| Share of profits of associates$ | 46,203 | – | – | – | – | 46,203 | 35,884 | – | – | – | – | 35,884 | PDF p. 108PDF p. 109 |
| Segment profit/(loss) before tax has been arrived after charging | |||||||||||||
| Depreciation of property, plant and equipment$ | (1,472,353) | (76,884) | (155,233) | (90,665) | – | (1,795,135) | (1,852,761) | (72,148) | (162,133) | (110,183) | – | (2,197,225) | PDF p. 108PDF p. 109 |
| Depreciation of right-of-use assets$ | (5,679,291) | (588,490) | (151,455) | (429,550) | – | (6,848,786) | (5,556,156) | (491,940) | (155,872) | (440,963) | – | (6,644,931) | PDF p. 108PDF p. 109 |
| Impairment loss on property, plant and equipment$ | (50,009) | – | – | – | – | (50,009) | (179,629) | – | – | – | – | (179,629) | PDF p. 108PDF p. 109 |
| Write-off of property, plant and equipment$ | (15,206) | – | (186) | – | – | (15,392) | (369,773) | – | (502) | – | – | (370,275) | PDF p. 108PDF p. 109 |
| Gain on disposal of right-of-use assets$ | – | 1,835 | – | – | – | 1,835 | – | 17,523 | 3,670 | – | – | 21,193 | PDF p. 108PDF p. 109 |
| Allowance for expected credit losses - trade$ | – | – | (1,337) | – | – | (1,337) | PDF p. 108 | ||||||
| Assets | |||||||||||||
| Total assets for reportable segments$ | 26,222,557 | 5,667,533 | 4,855,760 | 11,894,723 | – | 48,640,573 | 32,032,324 | 4,330,866 | 5,372,213 | 11,098,728 | – | 52,834,131 | PDF p. 108PDF p. 109 |
| Liabilities | |||||||||||||
| Total liabilities for reportable segments$ | 25,535,534 | 5,538,276 | 1,849,466 | 4,247,440 | – | 37,170,716 | 29,783,206 | 4,345,618 | 1,639,812 | 3,960,727 | – | 39,729,363 | PDF p. 108PDF p. 109 |
| Other | |||||||||||||
| Investment in unquoted equities$ | 350,000 | – | – | – | – | 350,000 | PDF p. 108 | ||||||
| Investment in associates$ | 93,373 | – | – | – | – | 93,373 | 493,082 | – | – | – | – | 493,082 | PDF p. 108PDF p. 109 |
| Capital expenditure | |||||||||||||
| Capital expenditure on plant and equipment$ | 531,628 | 45,667 | 61,590 | 94,474 | – | 733,359 | 1,061,162 | 95,791 | 30,772 | 48,063 | – | 1,235,788 | PDF p. 108PDF p. 109 |
| Results | |||||||||||||
| Share of loss of joint venture$ | (21,350) | – | – | – | – | (21,350) | PDF p. 109 | ||||||
| Segment profit/(loss) before tax$ | 771,172 | (887,792) | (258,467) | (1,280,877) | – | (1,655,964) | PDF p. 109 | ||||||
| Segment profit/(loss) before tax has been arrived after charging | |||||||||||||
| Loss on disposal of property, plant and$ | (15,236) | – | – | – | – | (15,236) | PDF p. 109 | ||||||
| Other | |||||||||||||
| Investment in a joint venture$ | 11,630 | – | – | – | – | 11,630 | PDF p. 109 | ||||||
Notes
Note 29(a) Business segment, FY ended 31 March 2026. Blank values mean no printed cell. Wrapped labels: 'Impairment loss on property, plant and equipment' and 'Allowance for expected credit losses - trade receivables' wrap across two lines; quote is the second line carrying values. Segment profit or loss is without allocation of control administration costs and directors' salaries.
Note 29(a) Business segment (cont'd), 2025 comparative. Blank values mean no printed cell. Wrapped labels continue on the next line; quotes for those rows are the continuation line carrying the values.
By geography
Geographical information - Sales revenue by geographical market 1 lines
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Sales revenue by geographical market | |||
| Singapore$ | 79,609,068 | 82,122,372 | PDF p. 110 |
Notes
The Group operates in Singapore. Revenue from external customers based on geographical location where revenue is generated.
Geographical information - Non-current assets 1 lines
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Non-current assets | |||
| Singapore$ | 27,913,197 | 30,017,762 | PDF p. 110 |
Notes
Non-current assets excluding financial instruments and investments in associates; comprise property, plant and equipment and right-of-use assets.
Debt
Borrowings
Bank loans and repayment profile
| Item / unit | 2026$ | 2025$ | Source |
|---|---|---|---|
| Bank loans | |||
| Bank loans$ | 398,254 | 1,408,505 | PDF p. 101 |
| Repayable as follows | |||
| On demand or within one year$ | 398,254 | 1,010,255 | PDF p. 101 |
| After one year but within five years$ | – | 398,250 | PDF p. 101 |
Notes
Bank loans are secured by way of a corporate guarantee issued by the Company.
Loan (b) and (c): $199,127 each (2025: $476,986 each), drawn down December 2021, repayment until December 2026, fixed interest rate 3.75% (2025: 3.75%) per annum.
Loan (a) of $454,533 in previous financial year was fully repaid in October 2025; previously fixed interest rate at 2.25% per annum.
Management estimates fair values of the loans approximate carrying amounts. No amounts after five years are printed. All loans are in $ (Singapore dollars as presented).
Note 32(c) Contractual undiscounted maturity - Group
| Item / unit | 2026on demand or within 1 year, $ | 20262 to 5 years, $ | 2026after 5 years, $ | 2026total undiscounted, $ | 2026discounts, $ | 2026total, $ | 2025on demand or within 1 year, $ | 20252 to 5 years, $ | 2025after 5 years, $ | 2025total undiscounted, $ | 2025discounts, $ | 2025total, $ | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Financial liabilities | |||||||||||||
| Bank loans (Note 23)$ | 404,556 | – | – | 404,556 | (6,302) | 398,254 | 1,042,158 | 404,556 | – | 1,446,714 | (38,209) | 1,408,505 | PDF p. 115PDF p. 116 |
| Lease liabilities (Note 25(b))$ | 6,845,658 | 13,772,805 | 4,865,868 | 25,484,331 | (2,535,272) | 22,949,059 | 6,648,540 | 15,963,061 | 3,318,735 | 25,930,336 | (2,311,715) | 23,618,621 | PDF p. 115PDF p. 116 |
Notes
Based on contractual undiscounted repayment obligations.
Borrowing notes 3 tables
Reconciliation of bank loans, current and non-current (FY2026)
| Item / unit | 2025Opening balance, $ | 2026Cash flow, $ | 2026Reclassification, $ | 2026Closing balance, $ | Source |
|---|---|---|---|---|---|
| Bank loans | |||||
| - current$ | 1,010,255 | (1,010,251) | 398,250 | 398,254 | PDF p. 101 |
| - non-current$ | 398,250 | – | (398,250) | – | PDF p. 101 |
Notes
Columns printed: 2025, Cash flow, Reclassification, 2026.
Note 25(b) Lease liabilities
| Item / unit | 2026$ | 2025$ | Source |
|---|---|---|---|
| Lease liabilities | |||
| At the end of the financial year$ | 22,949,059 | 23,618,621 | PDF p. 104 |
| Current$ | 5,978,506 | 5,878,994 | PDF p. 104 |
| Non-current$ | 16,970,553 | 17,739,627 | PDF p. 104 |
Notes
Incremental borrowing rates ranged at 3.75% (2025: 1.88% to 3.75%) for leases of premises and retail outlets in Singapore. Motor vehicle finance leases interest rates ranged from 2.78% to 3.48% (2025: 2.78% to 3.48%).
Lease liabilities of $827,813 (2025: $987,205) are secured over motor vehicles.
Net debt
| Item / unit | 2026$ | 2025$ | Source |
|---|---|---|---|
| Net debt | |||
| All current and non-current borrowings including lease liabilities$ | 23,347,313 | 25,027,126 | PDF p. 119 |
Notes
Debt-to-adjusted capital ratio 94% (2025: 89%); policy to keep below 100%.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| 11.6 Dividend policy | The Board does not have a fixed dividend policy at present. The form, frequency and amount of dividends declared or recommended in respect of any particular financial year or period will be subject to the Group’s profit, growth, cash position, positive cash flow generated from operations, projected capital requirements for business growth, general business condition, and other factors as the Board may deem appropriate. | Company | PDF p. 49 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| First and final tax-exempt dividends of Nil Singapore cents per share (2025: 0.224 Singapore cents per share) | Nil | Group and Company, FY2026 (dividends paid) | PDF p. 119 |
| First and final tax-exempt dividends of Nil Singapore cents per share (2025: 0.224 Singapore cents per share) | 0.224 Singapore cents per share | Group and Company, FY2025 comparative (dividends paid); tax-exempt | PDF p. 119 |
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| 11.6 Dividend policy | No dividend is declared for FY26 as the Group recorded a loss attributable to owners of the Company for FY26. | FY26 | PDF p. 49 |
Extracted from Annual Report 2026 - Tung Lok Restaurants (2000) Ltd 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 |
|---|---|---|---|
| Auditor | Ernst & Young LLP | Group | PDF p. 58 |
| Engagement partner | Ng Boon Heng | Group | PDF p. 58 |
| Opinion | so as to give a true and fair view | Group and Company, year ended 31 March 2026 | PDF p. 55 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Impairment assessment of property, plant and equipment and right-of-use assets | The Group has several restaurant outlets that are loss-making since past years. | Group | PDF p. 56 |
| Impairment assessment of interests in subsidiaries | The main operations of the subsidiaries are that of restaurateur. | Company | PDF p. 56 |
Extracted from Annual Report 2026 - Tung Lok Restaurants (2000) Ltd 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 - Tung Lok Restaurants (2000) Ltd, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.