GKE 595

SGD 0.063 -3.17% 0.00 Updated 13 Nov 2026, 17:16 SGT

Financials

Annual Report 2026

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Auditor’s opinion: give a true and fair view. Read auditor’s report (PDF p. 65)

Explore the statements

57 tables

Group consolidated income statement

17 metrics

Units appear below each metric. Scroll to compare years

Group consolidated income statement from Annual Report 2026
Metric / unit 2026Group / 1 June 2025–31 May 20262025Group / 1 June 2024–31 May 2025 Source
Group income statement
RevenueSingapore dollars in thousands 137,612126,519 PDF p. 69
Cost of salesSingapore dollars in thousands (104,177)(90,136) PDF p. 69
Gross profitSingapore dollars in thousands 33,43536,383 PDF p. 69
Other incomeSingapore dollars in thousands 1,4912,624 PDF p. 69
Expenses
Marketing and distribution costsSingapore dollars in thousands (412)(586) PDF p. 69
Administrative expensesSingapore dollars in thousands (27,061)(23,742) PDF p. 69
Finance costsSingapore dollars in thousands (1,719)(2,183) PDF p. 69
Other credit/(expenses)Singapore dollars in thousands 16(55) PDF p. 69
Share of results of associatesSingapore dollars in thousands (210)(23) PDF p. 69
Profit before taxSingapore dollars in thousands 5,54012,418 PDF p. 69
Income tax expenseSingapore dollars in thousands (2,444)(3,569) PDF p. 69
Profit for the yearSingapore dollars in thousands 3,0968,849 PDF p. 69
Profit attributable to
Owners of the CompanySingapore dollars in thousands 3,2348,849 PDF p. 69
Non-controlling interestSingapore dollars in thousands (138)– PDF p. 69
Profit attributable to:
Profit for the yearSingapore dollars in thousands 3,0968,849 PDF p. 69
Earnings per share attributable to owners of the Company
- BasicSingapore cents per share 0.391.15 PDF p. 69
- DilutedSingapore cents per share 0.391.14 PDF p. 69
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group comprehensive income statement

8 metrics

Units appear below each metric. Scroll to compare years

Group comprehensive income statement from Annual Report 2026
Metric / unit 2026Group / 1 June 2025–31 May 20262025Group / 1 June 2024–31 May 2025 Source
Group comprehensive income
Profit for the yearSingapore dollars in thousands 3,0968,849 PDF p. 70
Items that may be reclassified subsequently to profit or loss
Net change in fair value of cash flow hedgesSingapore dollars in thousands –(98) PDF p. 70
Foreign currency translationSingapore dollars in thousands 985(1,046) PDF p. 70
Other comprehensive income for the year, net of taxSingapore dollars in thousands 985(1,144) PDF p. 70
Total comprehensive income for the yearSingapore dollars in thousands 4,0817,705 PDF p. 70
Total comprehensive income attributable to
Owners of the CompanySingapore dollars in thousands 4,2197,705 PDF p. 70
Non-controlling interestSingapore dollars in thousands (138)– PDF p. 70
Attributable to:
Total comprehensive income for the yearSingapore dollars in thousands 4,0817,705 PDF p. 70
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 1

22 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 1 from Annual Report 2026
Metric / unit 2026Group / 1 June 2025–31 May 20262025Group / 1 June 2024–31 May 2025 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 96,881105,083 PDF p. 71
Intangible assetsSingapore dollars in thousands 3,6763,878 PDF p. 71
Investments in subsidiariesSingapore dollars in thousands –– PDF p. 71
Investments in associatesSingapore dollars in thousands 1,5991,726 PDF p. 71
Financial assets at fair value through profit or lossSingapore dollars in thousands 1822 PDF p. 71
Deferred tax assetsSingapore dollars in thousands 1,4931,008 PDF p. 71
Other receivablesSingapore dollars in thousands –– PDF p. 71
Total non-current assetsSingapore dollars in thousands 103,667111,717 PDF p. 71
Current assets
InventoriesSingapore dollars in thousands 3,9694,365 PDF p. 71
Trade and other receivablesSingapore dollars in thousands 37,31536,793 PDF p. 71
Prepaid operating expensesSingapore dollars in thousands 1,434919 PDF p. 71
Cash and short-term depositsSingapore dollars in thousands 37,21030,446 PDF p. 71
Total current assetsSingapore dollars in thousands 79,92872,523 PDF p. 71
Total assetsSingapore dollars in thousands 183,595184,240 PDF p. 71
Equity
Share capitalSingapore dollars in thousands 93,36585,145 PDF p. 71
Treasury sharesSingapore dollars in thousands (1,865)(1,865) PDF p. 71
Retained earnings/ (accumulated losses)Singapore dollars in thousands 17,19717,469 PDF p. 71
Other reservesSingapore dollars in thousands 649(619) PDF p. 71
Equity attributable to owners of the CompanySingapore dollars in thousands 109,346100,130 PDF p. 71
Non-controlling interestSingapore dollars in thousands 413– PDF p. 71
Total equitySingapore dollars in thousands 109,759100,130 PDF p. 71
Net current assetsSingapore dollars in thousands 41,59729,738 PDF p. 71
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 1

22 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 1 from Annual Report 2026
Metric / unit 2026Company / 1 June 2025–31 May 20262025Company / 1 June 2024–31 May 2025 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 870475 PDF p. 71
Intangible assetsSingapore dollars in thousands –– PDF p. 71
Investments in subsidiariesSingapore dollars in thousands 56,15457,261 PDF p. 71
Investments in associatesSingapore dollars in thousands –– PDF p. 71
Financial assets at fair value through profit or lossSingapore dollars in thousands 1822 PDF p. 71
Deferred tax assetsSingapore dollars in thousands –– PDF p. 71
Other receivablesSingapore dollars in thousands 2,898806 PDF p. 71
Total non-current assetsSingapore dollars in thousands 59,94058,564 PDF p. 71
Current assets
InventoriesSingapore dollars in thousands –– PDF p. 71
Trade and other receivablesSingapore dollars in thousands 4,6542,561 PDF p. 71
Prepaid operating expensesSingapore dollars in thousands 8680 PDF p. 71
Cash and short-term depositsSingapore dollars in thousands 6,0593,888 PDF p. 71
Total current assetsSingapore dollars in thousands 10,7996,529 PDF p. 71
Total assetsSingapore dollars in thousands 70,73965,093 PDF p. 71
Equity
Share capitalSingapore dollars in thousands 93,36585,145 PDF p. 71
Treasury sharesSingapore dollars in thousands (1,865)(1,865) PDF p. 71
Retained earnings/ (accumulated losses)Singapore dollars in thousands (22,770)(20,892) PDF p. 71
Other reservesSingapore dollars in thousands 359264 PDF p. 71
Equity attributable to owners of the CompanySingapore dollars in thousands 69,08962,652 PDF p. 71
Non-controlling interestSingapore dollars in thousands –– PDF p. 71
Total equitySingapore dollars in thousands 69,08962,652 PDF p. 71
Net current assetsSingapore dollars in thousands 9,3924,310 PDF p. 71
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 2 from Annual Report 2026
Metric / unit 2026Group / 1 June 2025–31 May 20262025Group / 1 June 2024–31 May 2025 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands 1,5331,691 PDF p. 72
BorrowingsSingapore dollars in thousands 21,40727,447 PDF p. 72
Lease liabilitiesSingapore dollars in thousands 9,4709,136 PDF p. 72
Deferred tax liabilitiesSingapore dollars in thousands 3,0953,051 PDF p. 72
Total non-current liabilitiesSingapore dollars in thousands 35,50541,325 PDF p. 72
Current liabilities
Trade and other payablesSingapore dollars in thousands 11,89513,548 PDF p. 72
Other liabilitiesSingapore dollars in thousands 8,4449,895 PDF p. 72
BorrowingsSingapore dollars in thousands 12,00211,028 PDF p. 72
Lease liabilitiesSingapore dollars in thousands 3,0295,512 PDF p. 72
Tax payableSingapore dollars in thousands 2,9612,802 PDF p. 72
Total current liabilitiesSingapore dollars in thousands 38,33142,785 PDF p. 72
Total liabilitiesSingapore dollars in thousands 73,83684,110 PDF p. 72
Total equity and liabilitiesSingapore dollars in thousands 183,595184,240 PDF p. 72
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 2 from Annual Report 2026
Metric / unit 2026Company / 1 June 2025–31 May 20262025Company / 1 June 2024–31 May 2025 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands –– PDF p. 72
BorrowingsSingapore dollars in thousands –– PDF p. 72
Lease liabilitiesSingapore dollars in thousands –– PDF p. 72
Deferred tax liabilitiesSingapore dollars in thousands 243222 PDF p. 72
Total non-current liabilitiesSingapore dollars in thousands 243222 PDF p. 72
Current liabilities
Trade and other payablesSingapore dollars in thousands 11950 PDF p. 72
Other liabilitiesSingapore dollars in thousands 1,2881,975 PDF p. 72
BorrowingsSingapore dollars in thousands –194 PDF p. 72
Lease liabilitiesSingapore dollars in thousands –– PDF p. 72
Tax payableSingapore dollars in thousands –– PDF p. 72
Total current liabilitiesSingapore dollars in thousands 1,4072,219 PDF p. 72
Total liabilitiesSingapore dollars in thousands 1,6502,441 PDF p. 72
Total equity and liabilitiesSingapore dollars in thousands 70,73965,093 PDF p. 72
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group changes in equity / 2026

15 metrics

Units appear below each metric. Scroll to compare years

Group changes in equity / 2026 from Annual Report 2026
Metric / unit 2026Group / Share capital2026Group / Treasury shares2026Group / Retained earnings2026Group / Other reserves, total2026Group / Translation reserve2026Group / Statutory reserve2026Group / Capital reserve2026Group / Share based payments reserve2026Group / Total attributable to owners of the Company2026Group / Non-controlling interest2026Group / Total equity Source
Group changes in equity / 2026
Balance at 1 June 2025Singapore dollars in thousands 85,145(1,865)17,469(619)(2,236)2,189(933)361100,130–100,130 PDF p. 73
Profit for the yearSingapore dollars in thousands ––3,234–––––3,234(138)3,096 PDF p. 73
- Foreign currency translationSingapore dollars in thousands –––985985–––985–985 PDF p. 73
Other comprehensive income for the year, net of taxSingapore dollars in thousands –––985985–––985–985 PDF p. 73
Total comprehensive income for the yearSingapore dollars in thousands ––3,234985985–––4,219(138)4,081 PDF p. 73
- Dividends paidSingapore dollars in thousands ––(3,434)–––––(3,434)–(3,434) PDF p. 73
- Issuance of ordinary shares, netSingapore dollars in thousands 8,201–––––––8,201–8,201 PDF p. 73
- Share issued on exercise of share optionsSingapore dollars in thousands 19–––––––19–19 PDF p. 73
- Share based paymentsSingapore dollars in thousands –––95–––9595–95 PDF p. 73
Total contributions by and distributions to ownersSingapore dollars in thousands 8,220–(3,434)95–––954,881–4,881 PDF p. 73
Change in ownership interest in a subsidiary without loss of controlSingapore dollars in thousands –––116––116–116551667 PDF p. 73
Total changes in ownership interests in subsidiarySingapore dollars in thousands –––116––116–116551667 PDF p. 73
Total transactions with owners in their capacity as ownersSingapore dollars in thousands –––116––116–116551667 PDF p. 73
Transfer to statutory reserveSingapore dollars in thousands ––(72)72–72––––– PDF p. 73
Balance at 31 May 2026Singapore dollars in thousands 93,365(1,865)17,197649(1,251)2,261(817)456109,346413109,759 PDF p. 73
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group changes in equity / 2025

13 metrics

Units appear below each metric. Scroll to compare years

Group changes in equity / 2025 from Annual Report 2026
Metric / unit 2025Group / Share capital2025Group / Treasury shares2025Group / Retained earnings2025Group / Other reserves, total2025Group / Cash flow hedge reserve2025Group / Translation reserve2025Group / Statutory reserve2025Group / Capital reserve2025Group / Share based payments reserve2025Group / Total equity Source
Group changes in equity / 2025
Balance at 1 June 2024Singapore dollars in thousands 85,145(1,778)10,69526998(1,190)2,040(933)25494,331 PDF p. 74
Profit for the yearSingapore dollars in thousands ––8,849––––––8,849 PDF p. 74
- Foreign currency translationSingapore dollars in thousands –––(1,046)–(1,046)–––(1,046) PDF p. 74
- Net change in fair value of cash flow hedgesSingapore dollars in thousands –––(98)(98)––––(98) PDF p. 74
Other comprehensive income for the year, net of taxSingapore dollars in thousands –––(1,144)(98)(1,046)–––(1,144) PDF p. 74
Total comprehensive income for the yearSingapore dollars in thousands ––8,849(1,144)(98)(1,046)–––7,705 PDF p. 74
- Dividends paidSingapore dollars in thousands ––(1,926)––––––(1,926) PDF p. 74
- Purchase of treasury sharesSingapore dollars in thousands –(87)–––––––(87) PDF p. 74
- Share based paymentsSingapore dollars in thousands –––107––––107107 PDF p. 74
Total contributions by and distributions to ownersSingapore dollars in thousands –(87)(1,926)107––––107(1,906) PDF p. 74
Total transactions with owners in their capacity as ownersSingapore dollars in thousands –(87)(1,926)107––––107(1,906) PDF p. 74
Transfer to statutory reserveSingapore dollars in thousands ––(149)149––149––– PDF p. 74
Balance at 31 May 2025Singapore dollars in thousands 85,145(1,865)17,469(619)–(2,236)2,189(933)361100,130 PDF p. 74
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company changes in equity / 2026

9 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity / 2026 from Annual Report 2026
Metric / unit 2026Company / Share capital2026Company / Treasury shares2026Company / Accumulated losses2026Company / Other reserves, total2026Company / Capital reserve2026Company / Share based payments reserve2026Company / Total equity Source
Company changes in equity / 2026
Balance at 1 June 2025Singapore dollars in thousands 85,145(1,865)(20,892)264(97)36162,652 PDF p. 75
Profit for the yearSingapore dollars in thousands −−1,556−−−1,556 PDF p. 75
Total comprehensive income for the yearSingapore dollars in thousands −−1,556−−−1,556 PDF p. 75
Dividend paidSingapore dollars in thousands −−(3,434)−−−(3,434) PDF p. 75
Issuance of ordinary shares, netSingapore dollars in thousands 8,201−−−−−8,201 PDF p. 75
Shares issued on exercise of share optionsSingapore dollars in thousands 19−−−−−19 PDF p. 75
Share based paymentsSingapore dollars in thousands −−−95−9595 PDF p. 75
Total contributions by and distributions to ownersSingapore dollars in thousands 8,220−(3,434)95−954,881 PDF p. 75
Balance at 31 May 2026Singapore dollars in thousands 93,365(1,865)(22,770)359(97)45669,089 PDF p. 75
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company changes in equity / 2025

8 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity / 2025 from Annual Report 2026
Metric / unit 2025Company / Share capital2025Company / Treasury shares2025Company / Accumulated losses2025Company / Other reserves, total2025Company / Capital reserve2025Company / Share based payments reserve2025Company / Total equity Source
Company changes in equity / 2025
Balance at 1 June 2024Singapore dollars in thousands 85,145(1,778)(23,055)157(97)25460,469 PDF p. 75
Profit for the yearSingapore dollars in thousands −−4,089−−−4,089 PDF p. 75
Total comprehensive income for the yearSingapore dollars in thousands −−4,089−−−4,089 PDF p. 75
Dividend paidSingapore dollars in thousands −−(1,926)−−−(1,926) PDF p. 75
Purchase of treasury sharesSingapore dollars in thousands −(87)−−−−(87) PDF p. 75
Share based paymentsSingapore dollars in thousands −−−107−107107 PDF p. 75
Total contributions by and distributions to ownersSingapore dollars in thousands −(87)(1,926)107−107(1,906) PDF p. 75
Balance at 31 May 2025Singapore dollars in thousands 85,145(1,865)(20,892)264(97)36162,652 PDF p. 75
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 1

29 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 1 from Annual Report 2026
Metric / unit 2026Group / 1 June 2025–31 May 20262025Group / 1 June 2024–31 May 2025 Source
Cash flows from operating activities:
Profit before taxSingapore dollars in thousands 5,54012,418 PDF p. 76
Adjustments for:
Depreciation of property, plant and equipmentSingapore dollars in thousands 15,99715,070 PDF p. 76
Gain on disposal of property, plant and equipmentSingapore dollars in thousands (112)(62) PDF p. 76
Property, plant and equipment written offSingapore dollars in thousands –19 PDF p. 76
Impairment of property, plant and equipmentSingapore dollars in thousands 1,432– PDF p. 76
Amortisation of intangible assetsSingapore dollars in thousands 202256 PDF p. 76
Net gain on disposal of intangible assetsSingapore dollars in thousands –(1,112) PDF p. 76
Allowance/(reversal of allowance) for expected credit loss, netSingapore dollars in thousands 1,689(444) PDF p. 76
Bad debts written offSingapore dollars in thousands 312 PDF p. 76
Fair value loss on financial assetsSingapore dollars in thousands 42 PDF p. 76
Interest incomeSingapore dollars in thousands (158)(245) PDF p. 76
Interest expenseSingapore dollars in thousands 1,7192,183 PDF p. 76
Share of results of associatesSingapore dollars in thousands 21023 PDF p. 76
Share based payment expensesSingapore dollars in thousands 95107 PDF p. 76
Effect of exchange rate changesSingapore dollars in thousands 449(207) PDF p. 76
Operating cash flows before changes in working capitalSingapore dollars in thousands 27,09828,010 PDF p. 76
Changes in working capital:
Decrease/(increase) in inventoriesSingapore dollars in thousands 396(2,519) PDF p. 76
Increase in trade and other receivablesSingapore dollars in thousands (2,242)(85) PDF p. 76
(Increase)/decrease in prepaid operating expensesSingapore dollars in thousands (515)253 PDF p. 76
Decrease in trade and other payablesSingapore dollars in thousands (1,669)(1,865) PDF p. 76
(Decrease)/increase in other liabilitiesSingapore dollars in thousands (1,609)2,154 PDF p. 76
Cash flows from operationsSingapore dollars in thousands 21,45925,948 PDF p. 76
Interest receivedSingapore dollars in thousands 158245 PDF p. 76
Net income tax paidSingapore dollars in thousands (2,665)(3,715) PDF p. 76
Net cash flows generated from operating activitiesSingapore dollars in thousands 18,95222,478 PDF p. 76
Cash flows from investing activities:
Proceeds from disposal of property, plant and equipmentSingapore dollars in thousands 521179 PDF p. 76
Proceeds from disposal of intangible assets and financial asset at fair value through profit or lossSingapore dollars in thousands –2,663 PDF p. 76
Purchase of property, plant and equipment (Note A)Singapore dollars in thousands (4,410)(7,717) PDF p. 76
Net cash flows used in investing activitiesSingapore dollars in thousands (3,889)(4,875) PDF p. 76
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 2 from Annual Report 2026
Metric / unit 2026Group / 1 June 2025–31 May 20262025Group / 1 June 2024–31 May 2025 Source
Cash flows from financing activities:
Dividends paid to ordinary shareholdersSingapore dollars in thousands (3,434)(1,926) PDF p. 77
Issuance of ordinary shares, netSingapore dollars in thousands 8,220– PDF p. 77
Interest paidSingapore dollars in thousands (1,719)(2,183) PDF p. 77
Repayment of principal portion of lease liabilitiesSingapore dollars in thousands (6,621)(5,418) PDF p. 77
Proceeds from loans and borrowingsSingapore dollars in thousands 14,1916,890 PDF p. 77
Repayment of loans and borrowingsSingapore dollars in thousands (19,461)(10,599) PDF p. 77
Purchase of treasury sharesSingapore dollars in thousands –(87) PDF p. 77
Cash consideration from non-controlling interests for subscription of ordinary shares in a subsidiarySingapore dollars in thousands 400– PDF p. 77
Net cash flows used in financing activitiesSingapore dollars in thousands (8,424)(13,323) PDF p. 77
Net increase in cash and cash equivalentsSingapore dollars in thousands 6,6394,280 PDF p. 77
Cash and cash equivalents at 1 JuneSingapore dollars in thousands 30,44626,485 PDF p. 77
Effect of exchange rate changes on cash and cash equivalentsSingapore dollars in thousands 125(319) PDF p. 77
Cash and cash equivalents at 31 MaySingapore dollars in thousands 37,21030,446 PDF p. 77
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / profit numerator

1 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / profit numerator from Annual Report 2026
Metric / unit 2026Group / basic and diluted numerator / year ended 31 May 20262025Group / basic and diluted numerator / year ended 31 May 2025 Source
EPS profit numerator
Profit attributable to owners of the Company used in the computation of basic and diluted earnings per shareSingapore dollars in thousands 3,2348,849 PDF p. 98
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / weighted ordinary share denominators

2 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / weighted ordinary share denominators from Annual Report 2026
Metric / unit 2026Group / thousand shares excluding treasury / year ended 31 May 20262025Group / thousand shares excluding treasury / year ended 31 May 2025 Source
EPS weighted share denominator
Weighted average number of ordinary shares for basic earnings per share computationOrdinary shares in thousands 827,965770,715 PDF p. 98
Weighted average number of ordinary shares for diluted earnings per share computationOrdinary shares in thousands 832,849775,695 PDF p. 98
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Cash and short-term deposits / composition

3 metrics

Units appear below each metric. Scroll to compare years

Cash and short-term deposits / composition from Annual Report 2026
Metric / unit 2026Group2025Group2026Company2025Company Source
Cash and short-term deposits
Cash at banks and on handSingapore dollars in thousands 25,87223,4701,3012,426 PDF p. 112
Short-term depositsSingapore dollars in thousands 11,3386,9764,7581,462 PDF p. 112
Cash and short-term depositsSingapore dollars in thousands 37,21030,4466,0593,888 PDF p. 112
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

GKE Retails / summarised balance sheet

7 metrics

Units appear below each metric. Scroll to compare years

GKE Retails / summarised balance sheet from Annual Report 2026
Metric / unit 2026GKE Retails subsidiary / including consolidation adjustments, before intercompany eliminations Source
GKE Retails / summarised balance sheet
Current AssetsSingapore dollars in thousands 6,611 PDF p. 108
LiabilitiesSingapore dollars in thousands (6,967) PDF p. 108
Net current liabilitiesSingapore dollars in thousands (356) PDF p. 108
Non-current AssetsSingapore dollars in thousands 2,413 PDF p. 108
LiabilitiesSingapore dollars in thousands (1,025) PDF p. 108
Net non-current assetsSingapore dollars in thousands 1,388 PDF p. 108
Net assetsSingapore dollars in thousands 1,032 PDF p. 108
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

GKE Retails / summarised comprehensive income

6 metrics

Units appear below each metric. Scroll to compare years

GKE Retails / summarised comprehensive income from Annual Report 2026
Metric / unit 2026GKE Retails subsidiary / including consolidation adjustments, before intercompany eliminations Source
GKE Retails / summarised comprehensive income
RevenueSingapore dollars in thousands 30,313 PDF p. 108
Loss before income tax expenseSingapore dollars in thousands (348) PDF p. 108
Income tax expenseSingapore dollars in thousands 2 PDF p. 108
Loss after taxSingapore dollars in thousands (346) PDF p. 108
Other comprehensive incomeSingapore dollars in thousands – PDF p. 108
Total comprehensive incomeSingapore dollars in thousands (346) PDF p. 108
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group consolidated income statement

16 metrics

Units appear below each metric. Scroll to compare years

Group consolidated income statement from Annual Report 2026
Metric / unit 2024Group / 1 June 2023–31 May 2024 Source
Group income statement
RevenueSingapore dollars in thousands 110,555 PDF p. 62
Cost of salesSingapore dollars in thousands (78,103) PDF p. 62
Gross profitSingapore dollars in thousands 32,452 PDF p. 62
Other incomeSingapore dollars in thousands 1,828 PDF p. 62
Expenses
Marketing and distribution costsSingapore dollars in thousands (532) PDF p. 62
Administrative expensesSingapore dollars in thousands (24,120) PDF p. 62
Finance costsSingapore dollars in thousands (2,709) PDF p. 62
Other expensesSingapore dollars in thousands (204) PDF p. 62
Share of results of associatesSingapore dollars in thousands 45 PDF p. 62
Profit before taxSingapore dollars in thousands 6,760 PDF p. 62
Income tax expenseSingapore dollars in thousands (2,457) PDF p. 62
Profit for the yearSingapore dollars in thousands 4,303 PDF p. 62
Profit attributable to
Owners of the CompanySingapore dollars in thousands 4,303 PDF p. 62
Profit attributable to:
Profit for the yearSingapore dollars in thousands 4,303 PDF p. 62
Earnings per share attributable to owners of the Company
- BasicSingapore cents per share 0.56 PDF p. 62
- DilutedSingapore cents per share 0.55 PDF p. 62
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group comprehensive income statement

7 metrics

Units appear below each metric. Scroll to compare years

Group comprehensive income statement from Annual Report 2026
Metric / unit 2024Group / 1 June 2023–31 May 2024 Source
Group comprehensive income
Profit for the yearSingapore dollars in thousands 4,303 PDF p. 63
Items that may be reclassified subsequently to profit or loss
Net change in fair value of cash flow hedgesSingapore dollars in thousands (334) PDF p. 63
Foreign currency translationSingapore dollars in thousands (366) PDF p. 63
Other comprehensive income for the year, net of taxSingapore dollars in thousands (700) PDF p. 63
Total comprehensive income for the yearSingapore dollars in thousands 3,603 PDF p. 63
Total comprehensive income attributable to
Owners of the CompanySingapore dollars in thousands 3,603 PDF p. 63
Attributable to:
Total comprehensive income for the yearSingapore dollars in thousands 3,603 PDF p. 63
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 1

21 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 1 from Annual Report 2026
Metric / unit 2024Group / 1 June 2023–31 May 2024 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 110,474 PDF p. 64
Intangible assetsSingapore dollars in thousands 4,634 PDF p. 64
Investments in subsidiariesSingapore dollars in thousands – PDF p. 64
Investments in associatesSingapore dollars in thousands 1,819 PDF p. 64
Financial assets at fair value through profit or lossSingapore dollars in thousands 125 PDF p. 64
Deferred tax assetsSingapore dollars in thousands 1,167 PDF p. 64
Other receivablesSingapore dollars in thousands – PDF p. 64
Total non-current assetsSingapore dollars in thousands 118,219 PDF p. 64
Current assets
InventoriesSingapore dollars in thousands 1,846 PDF p. 64
Trade and other receivablesSingapore dollars in thousands 37,308 PDF p. 64
Prepaid operating expensesSingapore dollars in thousands 1,172 PDF p. 64
Derivative financial assetsSingapore dollars in thousands 117 PDF p. 64
Cash and short-term depositsSingapore dollars in thousands 26,485 PDF p. 64
Total current assetsSingapore dollars in thousands 66,928 PDF p. 64
Total assetsSingapore dollars in thousands 185,147 PDF p. 64
Equity
Share capitalSingapore dollars in thousands 85,145 PDF p. 64
Treasury sharesSingapore dollars in thousands (1,778) PDF p. 64
Retained earnings/(accumulated losses)Singapore dollars in thousands 10,695 PDF p. 64
Other reservesSingapore dollars in thousands 269 PDF p. 64
Total equitySingapore dollars in thousands 94,331 PDF p. 64
Net current assetsSingapore dollars in thousands 25,591 PDF p. 64
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 1

21 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 1 from Annual Report 2026
Metric / unit 2024Company / 1 June 2023–31 May 2024 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 190 PDF p. 64
Intangible assetsSingapore dollars in thousands – PDF p. 64
Investments in subsidiariesSingapore dollars in thousands 59,396 PDF p. 64
Investments in associatesSingapore dollars in thousands – PDF p. 64
Financial assets at fair value through profit or lossSingapore dollars in thousands 25 PDF p. 64
Deferred tax assetsSingapore dollars in thousands – PDF p. 64
Other receivablesSingapore dollars in thousands – PDF p. 64
Total non-current assetsSingapore dollars in thousands 59,611 PDF p. 64
Current assets
InventoriesSingapore dollars in thousands – PDF p. 64
Trade and other receivablesSingapore dollars in thousands 5,504 PDF p. 64
Prepaid operating expensesSingapore dollars in thousands 88 PDF p. 64
Derivative financial assetsSingapore dollars in thousands – PDF p. 64
Cash and short-term depositsSingapore dollars in thousands 3,700 PDF p. 64
Total current assetsSingapore dollars in thousands 9,292 PDF p. 64
Total assetsSingapore dollars in thousands 68,903 PDF p. 64
Equity
Share capitalSingapore dollars in thousands 85,145 PDF p. 64
Treasury sharesSingapore dollars in thousands (1,778) PDF p. 64
Retained earnings/(accumulated losses)Singapore dollars in thousands (23,055) PDF p. 64
Other reservesSingapore dollars in thousands 157 PDF p. 64
Total equitySingapore dollars in thousands 60,469 PDF p. 64
Net current assetsSingapore dollars in thousands 1,224 PDF p. 64
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 2 from Annual Report 2026
Metric / unit 2024Group / 1 June 2023–31 May 2024 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands 1,849 PDF p. 65
BorrowingsSingapore dollars in thousands 31,653 PDF p. 65
Lease liabilitiesSingapore dollars in thousands 12,804 PDF p. 65
Deferred tax liabilitiesSingapore dollars in thousands 3,173 PDF p. 65
Total non-current liabilitiesSingapore dollars in thousands 49,479 PDF p. 65
Current liabilities
Trade and other payablesSingapore dollars in thousands 15,352 PDF p. 65
Other liabilitiesSingapore dollars in thousands 7,583 PDF p. 65
BorrowingsSingapore dollars in thousands 10,666 PDF p. 65
Lease liabilitiesSingapore dollars in thousands 4,770 PDF p. 65
Tax payableSingapore dollars in thousands 2,966 PDF p. 65
Total current liabilitiesSingapore dollars in thousands 41,337 PDF p. 65
Total liabilitiesSingapore dollars in thousands 90,816 PDF p. 65
Total equity and liabilitiesSingapore dollars in thousands 185,147 PDF p. 65
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 2 from Annual Report 2026
Metric / unit 2024Company / 1 June 2023–31 May 2024 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands – PDF p. 65
BorrowingsSingapore dollars in thousands 194 PDF p. 65
Lease liabilitiesSingapore dollars in thousands – PDF p. 65
Deferred tax liabilitiesSingapore dollars in thousands 172 PDF p. 65
Total non-current liabilitiesSingapore dollars in thousands 366 PDF p. 65
Current liabilities
Trade and other payablesSingapore dollars in thousands 6,153 PDF p. 65
Other liabilitiesSingapore dollars in thousands 1,126 PDF p. 65
BorrowingsSingapore dollars in thousands 769 PDF p. 65
Lease liabilitiesSingapore dollars in thousands 20 PDF p. 65
Tax payableSingapore dollars in thousands – PDF p. 65
Total current liabilitiesSingapore dollars in thousands 8,068 PDF p. 65
Total liabilitiesSingapore dollars in thousands 8,434 PDF p. 65
Total equity and liabilitiesSingapore dollars in thousands 68,903 PDF p. 65
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group changes in equity / 2024

13 metrics

Units appear below each metric. Scroll to compare years

Group changes in equity / 2024 from Annual Report 2026
Metric / unit 2024Group / Share capital2024Group / Treasury shares2024Group / Retained earnings2024Group / Other reserves, total2024Group / Cash flow hedge reserve2024Group / Translation reserve2024Group / Statutory reserve2024Group / Capital reserve2024Group / Share based payments reserve2024Group / Total equity Source
Group changes in equity / 2024
Balance at 1 June 2023Singapore dollars in thousands 85,145(1,531)8,058751432(824)1,924(933)15292,423 PDF p. 67
Profit for the yearSingapore dollars in thousands ––4,303––––––4,303 PDF p. 67
- Foreign currency translationSingapore dollars in thousands –––(366)–(366)–––(366) PDF p. 67
- Net change in fair value of cash flow hedgesSingapore dollars in thousands –––(334)(334)––––(334) PDF p. 67
Other comprehensive income for the year, net of taxSingapore dollars in thousands –––(700)(334)(366)–––(700) PDF p. 67
Total comprehensive income for the yearSingapore dollars in thousands ––4,303(700)(334)(366)–––3,603 PDF p. 67
- Dividends paidSingapore dollars in thousands ––(1,550)––––––(1,550) PDF p. 67
- Purchase of treasury sharesSingapore dollars in thousands –(247)–––––––(247) PDF p. 67
- Share based paymentsSingapore dollars in thousands –––102––––102102 PDF p. 67
Total contributions by and distributions to ownersSingapore dollars in thousands –(247)(1,550)102––––102(1,695) PDF p. 67
Total transactions with owners in their capacity as ownersSingapore dollars in thousands –(247)(1,550)102––––102(1,695) PDF p. 67
Transfer to statutory reserveSingapore dollars in thousands ––(116)116––116––– PDF p. 67
Balance at 31 May 2024Singapore dollars in thousands 85,145(1,778)10,69526998(1,190)2,040(933)25494,331 PDF p. 67
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company changes in equity / 2024

8 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity / 2024 from Annual Report 2026
Metric / unit 2024Company / Share capital2024Company / Treasury shares2024Company / Accumulated losses2024Company / Other reserves, total2024Company / Capital reserve2024Company / Share based payments reserve2024Company / Total equity Source
Company changes in equity / 2024
Balance at 1 June 2023Singapore dollars in thousands 85,145(1,531)(27,032)55(97)15256,637 PDF p. 68
Profit for the yearSingapore dollars in thousands −−5,527−−−5,527 PDF p. 68
Total comprehensive income for the yearSingapore dollars in thousands −−5,527−−−5,527 PDF p. 68
Dividend paidSingapore dollars in thousands −−(1,550)−−−(1,550) PDF p. 68
Purchase of treasury sharesSingapore dollars in thousands −(247)−−−−(247) PDF p. 68
Share based paymentsSingapore dollars in thousands −−−102−102102 PDF p. 68
Total contributions by and distributions to ownersSingapore dollars in thousands −(247)(1,550)102−102(1,695) PDF p. 68
Balance at 31 May 2024Singapore dollars in thousands 85,145(1,778)(23,055)157(97)25460,469 PDF p. 68
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 1

29 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 1 from Annual Report 2026
Metric / unit 2024Group / 1 June 2023–31 May 2024 Source
Cash flows from operating activities:
Profit before taxSingapore dollars in thousands 6,760 PDF p. 69
Adjustments for:
Depreciation of property, plant and equipmentSingapore dollars in thousands 15,361 PDF p. 69
Gain on disposal of property, plant and equipmentSingapore dollars in thousands (23) PDF p. 69
Property, plant and equipment written offSingapore dollars in thousands 153 PDF p. 69
Amortisation of intangible assetsSingapore dollars in thousands 391 PDF p. 69
Net gain on disposal of intangible assetsSingapore dollars in thousands − PDF p. 69
(Reversal of allowance)/allowance for expected credit loss, netSingapore dollars in thousands 2,760 PDF p. 69
Bad debts written offSingapore dollars in thousands − PDF p. 69
Fair value loss on financial assetsSingapore dollars in thousands * PDF p. 69
Interest incomeSingapore dollars in thousands (207) PDF p. 69
Interest expenseSingapore dollars in thousands 2,709 PDF p. 69
Share of results of associatesSingapore dollars in thousands (45) PDF p. 69
Share based payment expensesSingapore dollars in thousands 102 PDF p. 69
Effect of exchange rate changesSingapore dollars in thousands (18) PDF p. 69
Operating cash flows before changes in working capitalSingapore dollars in thousands 27,943 PDF p. 69
Changes in working capital:
(Increase)/decrease in inventoriesSingapore dollars in thousands 128 PDF p. 69
Increase in trade and other receivablesSingapore dollars in thousands (4,010) PDF p. 69
Decrease/(increase) in prepaid operating expensesSingapore dollars in thousands (141) PDF p. 69
(Decrease)/increase in trade and other payablesSingapore dollars in thousands 901 PDF p. 69
Increase/(decrease) in other liabilitiesSingapore dollars in thousands (160) PDF p. 69
Cash flows from operationsSingapore dollars in thousands 24,661 PDF p. 69
Interest receivedSingapore dollars in thousands 207 PDF p. 69
Net income tax paidSingapore dollars in thousands (3,110) PDF p. 69
Net cash flows generated from operating activitiesSingapore dollars in thousands 21,758 PDF p. 69
Cash flows from investing activities:
Dividend received from an associateSingapore dollars in thousands 103 PDF p. 69
Proceeds from disposal of property, plant and equipmentSingapore dollars in thousands 28 PDF p. 69
Proceeds from disposal of intangible assets and financial asset at fair value through profit or lossSingapore dollars in thousands − PDF p. 69
Purchase of property, plant and equipment (Note A)Singapore dollars in thousands (2,358) PDF p. 69
Net cash flows used in investing activitiesSingapore dollars in thousands (2,227) PDF p. 69
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 2

11 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 2 from Annual Report 2026
Metric / unit 2024Group / 1 June 2023–31 May 2024 Source
Cash flows from financing activities:
Dividends paid to ordinary shareholdersSingapore dollars in thousands (1,550) PDF p. 70
Interest paidSingapore dollars in thousands (2,731) PDF p. 70
Repayment of principal portion of lease liabilitiesSingapore dollars in thousands (6,220) PDF p. 70
Proceeds from loans and borrowingsSingapore dollars in thousands 1,886 PDF p. 70
Repayment of loans and borrowingsSingapore dollars in thousands (13,867) PDF p. 70
Purchase of treasury sharesSingapore dollars in thousands (247) PDF p. 70
Net cash flows used in financing activitiesSingapore dollars in thousands (22,729) PDF p. 70
Net increase/(decrease) in cash and cash equivalentsSingapore dollars in thousands (3,198) PDF p. 70
Cash and cash equivalents at 1 JuneSingapore dollars in thousands 29,760 PDF p. 70
Effect of exchange rate changes on cash and cash equivalentsSingapore dollars in thousands (77) PDF p. 70
Cash and cash equivalents at 31 MaySingapore dollars in thousands 26,485 PDF p. 70
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / profit numerator

1 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / profit numerator from Annual Report 2026
Metric / unit 2024Group / basic and diluted numerator / year ended 31 May 2024 Source
EPS profit numerator
Profit attributable to owners of the Company used in the computation of basic and diluted earnings per shareSingapore dollars in thousands 4,303 PDF p. 89
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / weighted ordinary share denominators

2 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / weighted ordinary share denominators from Annual Report 2026
Metric / unit 2024Group / thousand shares excluding treasury / year ended 31 May 2024 Source
EPS weighted share denominator
Weighted average number of ordinary shares for basic earnings per share computationOrdinary shares in thousands 774,725 PDF p. 89
Weighted average number of ordinary shares for diluted earnings per share computationOrdinary shares in thousands 775,609 PDF p. 89
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Cash and short-term deposits / composition

3 metrics

Units appear below each metric. Scroll to compare years

Cash and short-term deposits / composition from Annual Report 2026
Metric / unit 2024Group2024Company Source
Cash and short-term deposits
Cash at banks and on handSingapore dollars in thousands 20,6901,006 PDF p. 102
Short-term depositsSingapore dollars in thousands 5,7952,694 PDF p. 102
Cash and short-term depositsSingapore dollars in thousands 26,4853,700 PDF p. 102
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group consolidated income statement

16 metrics

Units appear below each metric. Scroll to compare years

Group consolidated income statement from Annual Report 2026
Metric / unit 2023Group / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Group income statement
RevenueSingapore dollars in thousands 108,930 PDF p. 63
Cost of salesSingapore dollars in thousands (77,321) PDF p. 63
Gross profitSingapore dollars in thousands 31,609 PDF p. 63
Other incomeSingapore dollars in thousands 2,025 PDF p. 63
Expenses
Marketing and distribution costsSingapore dollars in thousands (426) PDF p. 63
Administrative expensesSingapore dollars in thousands (23,035) PDF p. 63
Finance costsSingapore dollars in thousands (2,846) PDF p. 63
Other expensesSingapore dollars in thousands (579) PDF p. 63
Share of results of associatesSingapore dollars in thousands 134 PDF p. 63
Profit before taxSingapore dollars in thousands 6,882 PDF p. 63
Income tax expenseSingapore dollars in thousands (2,973) PDF p. 63
Profit for the yearSingapore dollars in thousands 3,909 PDF p. 63
Profit attributable to
Owners of the CompanySingapore dollars in thousands 3,909 PDF p. 63
Profit attributable to:
Profit for the yearSingapore dollars in thousands 3,909 PDF p. 63
Earnings per share attributable to owners of the Company
- BasicSingapore cents per share 0.50 PDF p. 63
- DilutedSingapore cents per share 0.50 PDF p. 63
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group comprehensive income statement

7 metrics

Units appear below each metric. Scroll to compare years

Group comprehensive income statement from Annual Report 2026
Metric / unit 2023Group / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Group comprehensive income
Profit for the yearSingapore dollars in thousands 3,909 PDF p. 64
Items that may be reclassified subsequently to profit or loss
Net change in fair value of cash flow hedgesSingapore dollars in thousands 361 PDF p. 64
Foreign currency translationSingapore dollars in thousands (1,428) PDF p. 64
Other comprehensive income for the year, net of taxSingapore dollars in thousands (1,067) PDF p. 64
Total comprehensive income for the yearSingapore dollars in thousands 2,842 PDF p. 64
Total comprehensive income attributable to
Owners of the CompanySingapore dollars in thousands 2,842 PDF p. 64
Attributable to:
Total comprehensive income for the yearSingapore dollars in thousands 2,842 PDF p. 64
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 1

21 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 1 from Annual Report 2026
Metric / unit 2023Group / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 123,824 PDF p. 65
Intangible assetsSingapore dollars in thousands 5,043 PDF p. 65
Investments in subsidiariesSingapore dollars in thousands – PDF p. 65
Investments in associatesSingapore dollars in thousands 1,921 PDF p. 65
Financial assets at fair value through profit or lossSingapore dollars in thousands 128 PDF p. 65
Deferred tax assetsSingapore dollars in thousands 491 PDF p. 65
Other receivablesSingapore dollars in thousands 38 PDF p. 65
Total non-current assetsSingapore dollars in thousands 131,445 PDF p. 65
Current assets
InventoriesSingapore dollars in thousands 1,974 PDF p. 65
Trade and other receivablesSingapore dollars in thousands 36,020 PDF p. 65
Prepaid operating expensesSingapore dollars in thousands 1,031 PDF p. 65
Derivative financial assetsSingapore dollars in thousands 424 PDF p. 65
Cash and short-term depositsSingapore dollars in thousands 29,760 PDF p. 65
Total current assetsSingapore dollars in thousands 69,209 PDF p. 65
Total assetsSingapore dollars in thousands 200,654 PDF p. 65
Equity
Share capitalSingapore dollars in thousands 85,145 PDF p. 65
Treasury sharesSingapore dollars in thousands (1,531) PDF p. 65
Retained earnings/ (accumulated losses)Singapore dollars in thousands 8,058 PDF p. 65
Other reservesSingapore dollars in thousands 751 PDF p. 65
Total equitySingapore dollars in thousands 92,423 PDF p. 65
Net current assets/(liabilities)Singapore dollars in thousands 25,415 PDF p. 65
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 1

21 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 1 from Annual Report 2026
Metric / unit 2023Company / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 259 PDF p. 65
Intangible assetsSingapore dollars in thousands – PDF p. 65
Investments in subsidiariesSingapore dollars in thousands 56,931 PDF p. 65
Investments in associatesSingapore dollars in thousands – PDF p. 65
Financial assets at fair value through profit or lossSingapore dollars in thousands 25 PDF p. 65
Deferred tax assetsSingapore dollars in thousands – PDF p. 65
Other receivablesSingapore dollars in thousands 8,001 PDF p. 65
Total non-current assetsSingapore dollars in thousands 65,216 PDF p. 65
Current assets
InventoriesSingapore dollars in thousands – PDF p. 65
Trade and other receivablesSingapore dollars in thousands 12,529 PDF p. 65
Prepaid operating expensesSingapore dollars in thousands 76 PDF p. 65
Derivative financial assetsSingapore dollars in thousands – PDF p. 65
Cash and short-term depositsSingapore dollars in thousands 3,735 PDF p. 65
Total current assetsSingapore dollars in thousands 16,340 PDF p. 65
Total assetsSingapore dollars in thousands 81,556 PDF p. 65
Equity
Share capitalSingapore dollars in thousands 85,145 PDF p. 65
Treasury sharesSingapore dollars in thousands (1,531) PDF p. 65
Retained earnings/ (accumulated losses)Singapore dollars in thousands (27,032) PDF p. 65
Other reservesSingapore dollars in thousands 55 PDF p. 65
Total equitySingapore dollars in thousands 56,637 PDF p. 65
Net current assets/(liabilities)Singapore dollars in thousands (4,244) PDF p. 65
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 2 from Annual Report 2026
Metric / unit 2023Group / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands 2,007 PDF p. 66
BorrowingsSingapore dollars in thousands 41,340 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 17,835 PDF p. 66
Deferred tax liabilitiesSingapore dollars in thousands 3,255 PDF p. 66
Total non-current liabilitiesSingapore dollars in thousands 64,437 PDF p. 66
Current liabilities
Trade and other payablesSingapore dollars in thousands 14,451 PDF p. 66
Other liabilitiesSingapore dollars in thousands 7,585 PDF p. 66
BorrowingsSingapore dollars in thousands 13,043 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 5,870 PDF p. 66
Tax payableSingapore dollars in thousands 2,845 PDF p. 66
Total current liabilitiesSingapore dollars in thousands 43,794 PDF p. 66
Total liabilitiesSingapore dollars in thousands 108,231 PDF p. 66
Total equity and liabilitiesSingapore dollars in thousands 200,654 PDF p. 66
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 2 from Annual Report 2026
Metric / unit 2023Company / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands – PDF p. 66
BorrowingsSingapore dollars in thousands 4,163 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 20 PDF p. 66
Deferred tax liabilitiesSingapore dollars in thousands 152 PDF p. 66
Total non-current liabilitiesSingapore dollars in thousands 4,335 PDF p. 66
Current liabilities
Trade and other payablesSingapore dollars in thousands 17,485 PDF p. 66
Other liabilitiesSingapore dollars in thousands 1,095 PDF p. 66
BorrowingsSingapore dollars in thousands 1,954 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 38 PDF p. 66
Tax payableSingapore dollars in thousands 12 PDF p. 66
Total current liabilitiesSingapore dollars in thousands 20,584 PDF p. 66
Total liabilitiesSingapore dollars in thousands 24,919 PDF p. 66
Total equity and liabilitiesSingapore dollars in thousands 81,556 PDF p. 66
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group changes in equity / 2023

12 metrics

Units appear below each metric. Scroll to compare years

Group changes in equity / 2023 from Annual Report 2026
Metric / unit 2023Group / Share capital2023Group / Treasury shares2023Group / Retained earnings2023Group / Other reserves, total2023Group / Cash flow hedge reserve2023Group / Translation reserve2023Group / Statutory reserve2023Group / Capital reserve2023Group / Share based payments reserve2023Group / Total equity Source
Group changes in equity / 2023
Balance at 1 June 2022Singapore dollars in thousands 85,145(1,531)5,8351,562716041,788(933)3291,011 PDF p. 68
Profit for the yearSingapore dollars in thousands ––3,909––––––3,909 PDF p. 68
- Foreign currency translationSingapore dollars in thousands –––(1,428)–(1,428)–––(1,428) PDF p. 68
- Net change in fair value of cash flow hedgesSingapore dollars in thousands –––361361––––361 PDF p. 68
Other comprehensive income for the year, net of taxSingapore dollars in thousands –––(1,067)361(1,428)–––(1,067) PDF p. 68
Total comprehensive income for the yearSingapore dollars in thousands ––3,909(1,067)361(1,428)–––2,842 PDF p. 68
- Dividends paidSingapore dollars in thousands ––(1,550)––––––(1,550) PDF p. 68
- Share based paymentsSingapore dollars in thousands –––120––––120120 PDF p. 68
Total contributions by and distributions to ownersSingapore dollars in thousands ––(1,550)120––––120(1,430) PDF p. 68
Total transactions with owners in their capacity as ownersSingapore dollars in thousands ––(1,550)120––––120(1,430) PDF p. 68
Transfer to statutory reserveSingapore dollars in thousands ––(136)136––136––– PDF p. 68
Closing balance at 31 May 2023Singapore dollars in thousands 85,145(1,531)8,058751432(824)1,924(933)15292,423 PDF p. 68
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company changes in equity / 2023

7 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity / 2023 from Annual Report 2026
Metric / unit 2023Company / Share capital2023Company / Treasury shares2023Company / Accumulated losses2023Company / Other reserves, total2023Company / Capital reserve2023Company / Share based payments reserve2023Company / Total equity Source
Company changes in equity / 2023
Balance at 1 June 2022Singapore dollars in thousands 85,145(1,531)(27,330)(65)(97)3256,219 PDF p. 69
Profit for the yearSingapore dollars in thousands −−1,848−−−1,848 PDF p. 69
Total comprehensive income for the yearSingapore dollars in thousands −−1,848−−−1,848 PDF p. 69
Dividend paidSingapore dollars in thousands −−(1,550)−−−(1,550) PDF p. 69
Share based paymentsSingapore dollars in thousands −−−120−120120 PDF p. 69
Total contributions by and distributions to ownersSingapore dollars in thousands −−(1,550)120−120(1,430) PDF p. 69
Closing balance at 31 May 2023Singapore dollars in thousands 85,145(1,531)(27,032)55(97)15256,637 PDF p. 69
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 1

30 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 1 from Annual Report 2026
Metric / unit 2023Group / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Cash flows from operating activities:
Profit before taxSingapore dollars in thousands 6,882 PDF p. 70
Adjustments for:
Depreciation of property, plant and equipmentSingapore dollars in thousands 15,185 PDF p. 70
Amortisation of intangible assets – customer relationshipsSingapore dollars in thousands 379 PDF p. 70
Amortisation of intangible assets – mining rightsSingapore dollars in thousands 209 PDF p. 70
Gain on disposal of property, plant and equipmentSingapore dollars in thousands (75) PDF p. 70
Allowance for expected credit loss, netSingapore dollars in thousands 2,201 PDF p. 70
Bad debts written offSingapore dollars in thousands 61 PDF p. 70
Fair value loss on financial assetsSingapore dollars in thousands 42 PDF p. 70
Property, plant and equipment written offSingapore dollars in thousands 18 PDF p. 70
Interest incomeSingapore dollars in thousands (93) PDF p. 70
Interest expenseSingapore dollars in thousands 2,846 PDF p. 70
Share of results of associatesSingapore dollars in thousands (134) PDF p. 70
Share based payment expensesSingapore dollars in thousands 120 PDF p. 70
Reversal of overprovision for withholding taxSingapore dollars in thousands (365) PDF p. 70
Effect of exchange rate changesSingapore dollars in thousands 1,048 PDF p. 70
Operating cash flows before changes in working capitalSingapore dollars in thousands 28,324 PDF p. 70
Changes in working capital:
Decrease/(increase) in inventoriesSingapore dollars in thousands (909) PDF p. 70
(Increase)/decrease in trade and other receivablesSingapore dollars in thousands 991 PDF p. 70
(Increase)/decrease in prepaid operating expensesSingapore dollars in thousands 815 PDF p. 70
Increase in trade and other payablesSingapore dollars in thousands 767 PDF p. 70
Decrease in other liabilitiesSingapore dollars in thousands (2,173) PDF p. 70
Cash flows from operationsSingapore dollars in thousands 27,815 PDF p. 70
Interest receivedSingapore dollars in thousands 93 PDF p. 70
Net income tax paidSingapore dollars in thousands (2,940) PDF p. 70
Net cash flows generated from operating activitiesSingapore dollars in thousands 24,968 PDF p. 70
Cash flows from investing activities:
Dividend received from an associateSingapore dollars in thousands 128 PDF p. 70
Proceeds from disposal of property, plant and equipmentSingapore dollars in thousands 87 PDF p. 70
Proceeds from disposal of subsidiarySingapore dollars in thousands 3,214 PDF p. 70
Purchase of property, plant and equipment (Note A)Singapore dollars in thousands (6,307) PDF p. 70
Net cash flows used in investing activitiesSingapore dollars in thousands (2,878) PDF p. 70
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 2

11 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 2 from Annual Report 2026
Metric / unit 2023Group / re-presented per Note 34 / 1 June 2022–31 May 2023 Source
Cash flows from financing activities:
Dividends paid to ordinary shareholdersSingapore dollars in thousands (1,550) PDF p. 71
Interest paidSingapore dollars in thousands (2,842) PDF p. 71
Repayment of principal portion of lease liabilitiesSingapore dollars in thousands (6,413) PDF p. 71
Proceeds from loans and borrowingsSingapore dollars in thousands 1,474 PDF p. 71
Repayment of loans and borrowingsSingapore dollars in thousands (9,843) PDF p. 71
Purchase of treasury sharesSingapore dollars in thousands – PDF p. 71
Net cash flows used in financing activitiesSingapore dollars in thousands (19,174) PDF p. 71
Net (decrease)/increase in cash and cash equivalentsSingapore dollars in thousands 2,916 PDF p. 71
Cash and cash equivalents at 1 JuneSingapore dollars in thousands 27,106 PDF p. 71
Effect of exchange rate changes on cash and cash equivalentsSingapore dollars in thousands (262) PDF p. 71
Cash and cash equivalents at 31 MaySingapore dollars in thousands 29,760 PDF p. 71
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / profit numerator

1 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / profit numerator from Annual Report 2026
Metric / unit 2023Group / basic and diluted numerator / year ended 31 May 2023 Source
EPS profit numerator
Profit attributable to owners of the Company used in the computation of basic and diluted earnings per shareSingapore dollars in thousands 3,909 PDF p. 90
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / weighted ordinary share denominators

2 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / weighted ordinary share denominators from Annual Report 2026
Metric / unit 2023Group / thousand shares excluding treasury / year ended 31 May 2023 Source
EPS share denominators
Weighted average number of ordinary shares for basic earnings per share computationOrdinary shares in thousands 775,124 PDF p. 90
Weighted average number of ordinary shares for diluted earnings per share computationOrdinary shares in thousands 775,124 PDF p. 90
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Cash and short-term deposits / composition

3 metrics

Units appear below each metric. Scroll to compare years

Cash and short-term deposits / composition from Annual Report 2026
Metric / unit 2023Group2023Company Source
Cash and short-term deposits
Cash at banks and on handSingapore dollars in thousands 24,9181,930 PDF p. 103
Short-term depositsSingapore dollars in thousands 4,8421,805 PDF p. 103
Cash and short-term depositsSingapore dollars in thousands 29,7603,735 PDF p. 103
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Original Note34 / comparative reclassification bridge

4 metrics

Units appear below each metric. Scroll to compare years

Original Note34 / comparative reclassification bridge from Annual Report 2026
Metric / unit 2023Group / As previously reported2023Group / Reclassification2023Group / Re-presented Source
Consolidated income statement
Cost of salesSingapore dollars in thousands 78,426(1,105)77,321 PDF p. 129
Original Note34reclassification
Administrative expensesSingapore dollars in thousands 21,9301,10523,035 PDF p. 129
Consolidated balance sheet
Deferred tax assetsSingapore dollars in thousands –491491 PDF p. 129
Original Note34reclassification
Deferred tax liabilitiesSingapore dollars in thousands (2,764)(491)(3,255) PDF p. 129
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group consolidated income statement

16 metrics

Units appear below each metric. Scroll to compare years

Group consolidated income statement from Annual Report 2026
Metric / unit 2022Group / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Group income statement
RevenueSingapore dollars in thousands 104,803 PDF p. 63
Cost of salesSingapore dollars in thousands (78,976) PDF p. 63
Gross profitSingapore dollars in thousands 25,827 PDF p. 63
Other incomeSingapore dollars in thousands 2,131 PDF p. 63
Expenses
Marketing and distribution costsSingapore dollars in thousands (330) PDF p. 63
Administrative expensesSingapore dollars in thousands (16,509) PDF p. 63
Finance costsSingapore dollars in thousands (2,879) PDF p. 63
Other (expenses)/creditSingapore dollars in thousands 84 PDF p. 63
Share of results of associatesSingapore dollars in thousands 200 PDF p. 63
Profit before taxSingapore dollars in thousands 8,524 PDF p. 63
Tax expenseSingapore dollars in thousands (3,822) PDF p. 63
Profit for the yearSingapore dollars in thousands 4,702 PDF p. 63
Profit attributable to
Owners of the CompanySingapore dollars in thousands 4,702 PDF p. 63
Profit attributable to:
Profit for the yearSingapore dollars in thousands 4,702 PDF p. 63
Earnings per share attributable to owners of the Company
- BasicSingapore cents per share 0.61 PDF p. 63
- DilutedSingapore cents per share 0.61 PDF p. 63
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group comprehensive income statement

7 metrics

Units appear below each metric. Scroll to compare years

Group comprehensive income statement from Annual Report 2026
Metric / unit 2022Group / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Group comprehensive income
Profit for the yearSingapore dollars in thousands 4,702 PDF p. 64
Items that may be reclassified subsequently to profit or loss
Net change in fair value of cash flow hedgesSingapore dollars in thousands 1,204 PDF p. 64
Foreign currency translationSingapore dollars in thousands (202) PDF p. 64
Other comprehensive income for the year, net of taxSingapore dollars in thousands 1,002 PDF p. 64
Total comprehensive income for the yearSingapore dollars in thousands 5,704 PDF p. 64
Total comprehensive income attributable to
Owners of the CompanySingapore dollars in thousands 5,704 PDF p. 64
Attributable to:
Total comprehensive income for the yearSingapore dollars in thousands 5,704 PDF p. 64
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 1

20 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 1 from Annual Report 2026
Metric / unit 2022Group / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 132,436 PDF p. 65
Intangible assetsSingapore dollars in thousands 5,696 PDF p. 65
Investments in subsidiariesSingapore dollars in thousands – PDF p. 65
Investments in associatesSingapore dollars in thousands 2,054 PDF p. 65
Financial assets at fair value through profit or lossSingapore dollars in thousands 178 PDF p. 65
Other receivablesSingapore dollars in thousands – PDF p. 65
Total non-current assetsSingapore dollars in thousands 140,364 PDF p. 65
Current assets
InventoriesSingapore dollars in thousands 1,065 PDF p. 65
Trade and other receivablesSingapore dollars in thousands 42,526 PDF p. 65
Prepaid operating expensesSingapore dollars in thousands 1,846 PDF p. 65
Derivative financial assetsSingapore dollars in thousands 67 PDF p. 65
Cash and short-term depositSingapore dollars in thousands 27,106 PDF p. 65
Total current assetsSingapore dollars in thousands 72,610 PDF p. 65
Total assetsSingapore dollars in thousands 212,974 PDF p. 65
Equity
Share capitalSingapore dollars in thousands 85,145 PDF p. 65
Treasury sharesSingapore dollars in thousands (1,531) PDF p. 65
Retained earnings/(accumulated losses)Singapore dollars in thousands 5,835 PDF p. 65
Other reservesSingapore dollars in thousands 1,562 PDF p. 65
Total equitySingapore dollars in thousands 91,011 PDF p. 65
Net current assets/(liabilities)Singapore dollars in thousands 29,378 PDF p. 65
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 1

20 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 1 from Annual Report 2026
Metric / unit 2022Company / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Non-current assets
Property, plant and equipmentSingapore dollars in thousands 252 PDF p. 65
Intangible assetsSingapore dollars in thousands – PDF p. 65
Investments in subsidiariesSingapore dollars in thousands 57,157 PDF p. 65
Investments in associatesSingapore dollars in thousands – PDF p. 65
Financial assets at fair value through profit or lossSingapore dollars in thousands 67 PDF p. 65
Other receivablesSingapore dollars in thousands 9,346 PDF p. 65
Total non-current assetsSingapore dollars in thousands 66,822 PDF p. 65
Current assets
InventoriesSingapore dollars in thousands – PDF p. 65
Trade and other receivablesSingapore dollars in thousands 11,060 PDF p. 65
Prepaid operating expensesSingapore dollars in thousands 73 PDF p. 65
Derivative financial assetsSingapore dollars in thousands – PDF p. 65
Cash and short-term depositSingapore dollars in thousands 5,783 PDF p. 65
Total current assetsSingapore dollars in thousands 16,916 PDF p. 65
Total assetsSingapore dollars in thousands 83,738 PDF p. 65
Equity
Share capitalSingapore dollars in thousands 85,145 PDF p. 65
Treasury sharesSingapore dollars in thousands (1,531) PDF p. 65
Retained earnings/(accumulated losses)Singapore dollars in thousands (27,330) PDF p. 65
Other reservesSingapore dollars in thousands (65) PDF p. 65
Total equitySingapore dollars in thousands 56,219 PDF p. 65
Net current assets/(liabilities)Singapore dollars in thousands (4,395) PDF p. 65
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Group financial position / part 2 from Annual Report 2026
Metric / unit 2022Group / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands 2,164 PDF p. 66
BorrowingsSingapore dollars in thousands 50,480 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 22,905 PDF p. 66
Deferred tax liabilitiesSingapore dollars in thousands 3,182 PDF p. 66
Total non-current liabilitiesSingapore dollars in thousands 78,731 PDF p. 66
Current liabilities
Trade and other payablesSingapore dollars in thousands 14,049 PDF p. 66
Other liabilitiesSingapore dollars in thousands 8,173 PDF p. 66
BorrowingsSingapore dollars in thousands 12,557 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 6,106 PDF p. 66
Tax payableSingapore dollars in thousands 2,347 PDF p. 66
Total current liabilitiesSingapore dollars in thousands 43,232 PDF p. 66
Total liabilitiesSingapore dollars in thousands 121,963 PDF p. 66
Total equity and liabilitiesSingapore dollars in thousands 212,974 PDF p. 66
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company financial position / part 2

13 metrics

Units appear below each metric. Scroll to compare years

Company financial position / part 2 from Annual Report 2026
Metric / unit 2022Company / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Non-current liabilities
Other liabilitiesSingapore dollars in thousands – PDF p. 66
BorrowingsSingapore dollars in thousands 6,117 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 57 PDF p. 66
Deferred tax liabilitiesSingapore dollars in thousands 34 PDF p. 66
Total non-current liabilitiesSingapore dollars in thousands 6,208 PDF p. 66
Current liabilities
Trade and other payablesSingapore dollars in thousands 17,790 PDF p. 66
Other liabilitiesSingapore dollars in thousands 1,518 PDF p. 66
BorrowingsSingapore dollars in thousands 1,939 PDF p. 66
Lease liabilitiesSingapore dollars in thousands 36 PDF p. 66
Tax payableSingapore dollars in thousands 28 PDF p. 66
Total current liabilitiesSingapore dollars in thousands 21,311 PDF p. 66
Total liabilitiesSingapore dollars in thousands 27,519 PDF p. 66
Total equity and liabilitiesSingapore dollars in thousands 83,738 PDF p. 66
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group changes in equity / 2022

12 metrics

Units appear below each metric. Scroll to compare years

Group changes in equity / 2022 from Annual Report 2026
Metric / unit 2022Group / Share capital2022Group / Treasury shares2022Group / Retained earnings2022Group / Other reserves, total2022Group / Cash flow hedge reserve2022Group / Translation reserve2022Group / Statutory reserve2022Group / Capital reserve2022Group / Share based payments reserve2022Group / Total equity Source
Group changes in equity / 2022
Balance at 1 June 2021Singapore dollars in thousands 85,145(1,531)4,502259(1,133)8061,519(933)–88,375 PDF p. 68
Profit for the yearSingapore dollars in thousands ––4,702––––––4,702 PDF p. 68
- Foreign currency translationSingapore dollars in thousands –––(202)–(202)–––(202) PDF p. 68
- Net change in fair value of cash flow hedgesSingapore dollars in thousands –––1,2041,204––––1,204 PDF p. 68
Other comprehensive income for the year, net of taxSingapore dollars in thousands –––1,0021,204(202)–––1,002 PDF p. 68
Total comprehensive income for the yearSingapore dollars in thousands ––4,7021,0021,204(202)–––5,704 PDF p. 68
- Dividends paid to ordinary sharesSingapore dollars in thousands ––(3,100)––––––(3,100) PDF p. 68
- Share based paymentsSingapore dollars in thousands –––32––––3232 PDF p. 68
Total contributions by and distributions to ownersSingapore dollars in thousands ––(3,100)32––––32(3,068) PDF p. 68
Total transactions with owners in their capacity as ownersSingapore dollars in thousands ––(3,100)32––––32(3,068) PDF p. 68
Transfer to statutory reserveSingapore dollars in thousands ––(269)269––269––– PDF p. 68
Closing balance at 31 May 2022Singapore dollars in thousands 85,145(1,531)5,8351,562716041,788(933)3291,011 PDF p. 68
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Company changes in equity / 2022

7 metrics

Units appear below each metric. Scroll to compare years

Company changes in equity / 2022 from Annual Report 2026
Metric / unit 2022Company / Share capital2022Company / Treasury shares2022Company / Accumulated losses2022Company / Other reserves, total2022Company / Capital reserve2022Company / Share based payments reserve2022Company / Total equity Source
Company changes in equity / 2022
Balance at 1 June 2021Singapore dollars in thousands 85,145(1,531)(26,965)(97)(97)−56,552 PDF p. 69
Profit for the yearSingapore dollars in thousands −−2,735−−−2,735 PDF p. 69
Total comprehensive income for the yearSingapore dollars in thousands −−2,735−−−2,735 PDF p. 69
Dividend paid to ordinary sharesSingapore dollars in thousands −−(3,100)−−−(3,100) PDF p. 69
Share based paymentsSingapore dollars in thousands −−−32−3232 PDF p. 69
Total contributions by and distributions to ownersSingapore dollars in thousands −−(3,100)32−32(3,068) PDF p. 69
Closing balance at 31 May 2022Singapore dollars in thousands 85,145(1,531)(27,330)(65)(97)3256,219 PDF p. 69
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 1

32 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 1 from Annual Report 2026
Metric / unit 2022Group / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Cash flows from operating activities:
Profit before taxSingapore dollars in thousands 8,524 PDF p. 70
Adjustments for:
Depreciation of property, plant and equipmentSingapore dollars in thousands 13,997 PDF p. 70
Amortisation of intangible assets – customer relationshipsSingapore dollars in thousands 372 PDF p. 70
Amortisation of intangible assets – mining rightsSingapore dollars in thousands – PDF p. 70
Gain on disposal of property, plant and equipmentSingapore dollars in thousands (71) PDF p. 70
Gain on bargain purchaseSingapore dollars in thousands (235) PDF p. 70
Allowance for expected credit loss, netSingapore dollars in thousands 910 PDF p. 70
Bad debts written offSingapore dollars in thousands – PDF p. 70
Fair value loss on financial assetsSingapore dollars in thousands 88 PDF p. 70
Property, plant and equipment written offSingapore dollars in thousands – PDF p. 70
Interest incomeSingapore dollars in thousands (16) PDF p. 70
Interest expenseSingapore dollars in thousands 2,879 PDF p. 70
Share of results of associatesSingapore dollars in thousands (200) PDF p. 70
Share based payment expensesSingapore dollars in thousands 32 PDF p. 70
Reversal of overprovision for withholding taxSingapore dollars in thousands – PDF p. 70
Effect of exchange rate changesSingapore dollars in thousands (6) PDF p. 70
Operating cash flows before changes in working capitalSingapore dollars in thousands 26,274 PDF p. 70
Changes in working capital:
Increase in inventoriesSingapore dollars in thousands (138) PDF p. 70
Decrease in trade and other receivablesSingapore dollars in thousands 4,978 PDF p. 70
Decrease/(increase) in prepaid operating expensesSingapore dollars in thousands (161) PDF p. 70
Increase in trade and other payablesSingapore dollars in thousands 1,991 PDF p. 70
Decrease in other liabilitiesSingapore dollars in thousands (4,429) PDF p. 70
Cash flows from operationsSingapore dollars in thousands 28,515 PDF p. 70
Interest receivedSingapore dollars in thousands 16 PDF p. 70
Net income tax paidSingapore dollars in thousands (2,533) PDF p. 70
Net cash flows from operating activitiesSingapore dollars in thousands 25,998 PDF p. 70
Cash flows from investing activities:
Dividend received from an associateSingapore dollars in thousands – PDF p. 70
Net cash outflow on acquisition of a subsidiarySingapore dollars in thousands (12,055) PDF p. 70
Proceeds from disposal of property, plant and equipmentSingapore dollars in thousands 85 PDF p. 70
Proceeds from disposal of subsidiarySingapore dollars in thousands – PDF p. 70
Purchase of property, plant and equipment (Note A)Singapore dollars in thousands (5,850) PDF p. 70
Net cash flows used in investing activitiesSingapore dollars in thousands (17,820) PDF p. 70
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Group cash flows / part 2

11 metrics

Units appear below each metric. Scroll to compare years

Group cash flows / part 2 from Annual Report 2026
Metric / unit 2022Group / re-presented per Note 34 / 1 June 2021–31 May 2022 Source
Cash flows from financing activities:
Dividends paid to ordinary shareholdersSingapore dollars in thousands (3,100) PDF p. 71
Interest paidSingapore dollars in thousands (2,861) PDF p. 71
Repayment of principal portion of lease liabilitiesSingapore dollars in thousands (6,179) PDF p. 71
Proceeds from loans and borrowingsSingapore dollars in thousands 9,679 PDF p. 71
Repayment of loans and borrowingsSingapore dollars in thousands (9,400) PDF p. 71
Decrease in short-term deposit – pledgedSingapore dollars in thousands 1,410 PDF p. 71
Net cash flows used in financing activitiesSingapore dollars in thousands (10,451) PDF p. 71
Net increase/(decrease) in cash and cash equivalentsSingapore dollars in thousands (2,273) PDF p. 71
Cash and cash equivalents at 1 JuneSingapore dollars in thousands 29,479 PDF p. 71
Effect of exchange rate changes on cash and cash equivalentsSingapore dollars in thousands (100) PDF p. 71
Cash and cash equivalents at 31 MaySingapore dollars in thousands 27,106 PDF p. 71
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / profit numerator

1 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / profit numerator from Annual Report 2026
Metric / unit 2022Group / basic and diluted numerator / year ended 31 May 2022 Source
EPS profit numerator
Profit attributable to owners of the Company used in the computation of basic and diluted earnings per shareSingapore dollars in thousands 4,702 PDF p. 93
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Earnings per share / weighted ordinary share denominators

1 metrics

Units appear below each metric. Scroll to compare years

Earnings per share / weighted ordinary share denominators from Annual Report 2026
Metric / unit 2022Group / thousand shares excluding treasury / year ended 31 May 2022 Source
EPS weighted share denominator
Weighted average number of ordinary shares for basic and diluted earnings per share computationOrdinary shares in thousands 775,124 PDF p. 93
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Original Note34 / comparative reclassification bridge

2 metrics

Units appear below each metric. Scroll to compare years

Original Note34 / comparative reclassification bridge from Annual Report 2026
Metric / unit 2022Group / As previously reported2022Group / Reclassification2022Group / Re-presented Source
Consolidated Income Statement
Cost of salesSingapore dollars in thousands 78,52645078,976 PDF p. 138
Original Note34reclassification
Administrative expensesSingapore dollars in thousands 16,959(450)16,509 PDF p. 138
Definitions & sources

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

Where the money comes from

Segment information

By business

Business segments 2026 – revenue and results 17 lines
Business segments 2026 – revenue and results
Item / unit 2026Investment holding2026Warehouse and logistics2026Infrastructural materials and services2026Retail and distribution2026Agriculture2026Consolidation adjustments2026Total Source
Revenue
- External customers$'000 –91,08214,85130,3131,366–137,612 PDF p. 135
- Inter-segment$'000 –568––29(597)– PDF p. 135
Total revenue$'000 –91,65014,85130,3131,395(597)137,612 PDF p. 135
Results
Results:$'000 (1,730)25,8201,971924(188)(243)26,554 PDF p. 135
Depreciation of property, plant and equipment$'000 (210)(13,342)(647)(1,074)(336)(388)(15,997) PDF p. 135
Amortisation of intangible assets$'000 –(202)––––(202) PDF p. 135
Allowance for expected credit loss, net$'000 ––(1,678)–(11)–(1,689) PDF p. 135
Bad debts written off$'000 –(31)––––(31) PDF p. 135
Impairment loss on investment in subsidiary$'000 (1,707)––––1,707– PDF p. 135
Fair value loss on financial assets$'000 (4)–––––(4) PDF p. 135
Gain on disposal of property, plant and equipment$'000 942316(21)––112 PDF p. 135
Impairment of property, plant and equipment$'000 ––––(1,432)–(1,432) PDF p. 135
Share of results of associates$'000 ––(210)–––(210) PDF p. 135
Dividend income$'000 5,000––––(5,000)– PDF p. 135
Interest income$'000 1311445––(122)158 PDF p. 135
Finance costs$'000 (1)(1,468)(195)(177)–122(1,719) PDF p. 135
Segment profit/(loss)$'000 1,57310,944(738)(348)(1,967)(3,924)5,540 PDF p. 135
Notes

(1) Inter-segment revenues are eliminated on consolidation. Segment performance is evaluated based on operating profit or loss; tax expense is managed on a group basis and not allocated. Column header: Infrastructural materials and services.

Business segments 2026 – assets, liabilities and additions 4 lines
Business segments 2026 – assets, liabilities and additions
Item / unit 2026Investment holding2026Warehouse and logistics2026Infrastructural materials and services2026Retail and distribution2026Agriculture2026Consolidation adjustments2026Total Source
Assets
Investments in associates$'000 –141,585–––1,599 PDF p. 136
Additions to non-current assets (2)$'000 9056,187711,98428–9,175 PDF p. 136
Segment assets (3)$'000 70,739127,62330,3469,0241,537(57,167)182,102 PDF p. 136
Segment liabilities
Unallocated liabilities:$'000 1,40754,94712,2467,993504(9,317)67,780 PDF p. 136
Notes

(1) Inter-segment revenues are eliminated on consolidation.

(2) Consist of additions to property, plant and equipment.

(3) Inter-segment assets and liabilities are eliminated to arrive at the total assets and liabilities reported in the consolidated balance sheet.

Unallocated items (deferred tax assets, deferred tax liabilities, tax payable) shown only in Total column. In the source, the 'Segment liabilities (3)' label and 'Unallocated liabilities:' label are on adjacent lines with the values (1,407 ... 67,780) on the Unallocated liabilities line; values are segment liabilities.

Business segments 2025 – revenue and results 18 lines
Business segments 2025 – revenue and results
Item / unit 2025Investment holding2025Warehouse and logistics2025Infrastructural materials and services2025Retail and distribution2025Agriculture2025Consolidation adjustments2025Total Source
Revenue
- External customers$'000 –94,68224,2946,2901,253–126,519 PDF p. 137
- Inter-segment$'000 –457––4(461)– PDF p. 137
Total revenue$'000 –95,13924,2946,2901,257(461)126,519 PDF p. 137
Results
Results:$'000 (4,844)27,2804,451(170)(467)1,86028,110 PDF p. 137
Depreciation of property, plant and equipment$'000 (132)(13,114)(992)(111)(330)(391)(15,070) PDF p. 137
Amortisation of intangible assets$'000 –(201)(55)–––(256) PDF p. 137
(Allowance)/reversal of allowance for expected credit loss, net$'000 –(24)468–––444 PDF p. 137
Bad debts written off$'000 –(2)––––(2) PDF p. 137
Impairment loss on investment in subsidiary$'000 (675)––––675– PDF p. 137
Property, plant and equipment written off$'000 –(19)––––(19) PDF p. 137
Fair value loss on financial assets$'000 (2)–––––(2) PDF p. 137
Gain on disposal of property, plant and equipment$'000 2834––––62 PDF p. 137
Net gain on disposal of intangible assets$'000 ––1,112–––1,112 PDF p. 137
Share of results of associates$'000 ––(23)–––(23) PDF p. 137
Dividend income$'000 7,560––––(7,560)– PDF p. 137
Interest income$'000 19317316––(137)245 PDF p. 137
Finance costs$'000 (54)(2,008)(245)(7)(6)137(2,183) PDF p. 137
Segment profit/(loss)$'000 2,07412,1194,732(288)(803)(5,416)12,418 PDF p. 137
Notes

(1) Inter-segment revenues are eliminated on consolidation. Comparative year ended 31 May 2025.

Business segments 2025 – assets, liabilities and additions 4 lines
Business segments 2025 – assets, liabilities and additions
Item / unit 2025Investment holding2025Warehouse and logistics2025Infrastructural materials and services2025Retail and distribution2025Agriculture2025Consolidation adjustments2025Total Source
Assets
Investments in associates$'000 –141,712–––1,726 PDF p. 138
Additions to non-current assets (2)$'000 4167,7791411,692181–10,209 PDF p. 138
Segment assets (3)$'000 65,093128,27831,9056,8303,565(52,439)183,232 PDF p. 138
Segment liabilities
Unallocated liabilities:$'000 2,21859,18113,6026,719650(4,113)78,257 PDF p. 138
Notes

(1) Inter-segment revenues are eliminated on consolidation.

(2) Consist of additions to property, plant and equipment.

(3) Inter-segment assets and liabilities are eliminated to arrive at the total assets and liabilities reported in the consolidated balance sheet.

Segment liabilities values appear on the 'Unallocated liabilities:' line in the source.

By geography

Geographical segments – revenue and non-current assets 4 lines
Geographical segments – revenue and non-current assets
Item / unit 2026Revenue2025Revenue2026Non-current assets2025Non-current assets Source
Geographical segments
Singapore$'000 121,967102,21289,21399,465 PDF p. 139
People’s Republic of China$'000 14,85124,2949,3099,412 PDF p. 139
Others$'000 794132,03584 PDF p. 139
Total$'000 137,612126,519100,557108,961 PDF p. 139
Notes

(1) Non-current assets information presented above consist of property, plant and equipment and intangible assets as presented in the balance sheets.

Revenue and non-current assets based on geographical location of customers and assets respectively.

Revenue from two major customers amount to $35,480,000 (2025: $20,026,000) for the financial year ended 31 May 2026, arising from sales by the warehouse and logistics segment and the retail and distribution segment.

Debt

Borrowings

Liquidity risk: contractual undiscounted maturity - Group

Liquidity risk: contractual undiscounted maturity - Group — Group
Item / unit 2026One year or less, $'0002026One to five years, $'0002026Over five years, $'0002026Total, $'0002025One year or less, $'0002025One to five years, $'0002025Over five years, $'0002025Total, $'000 Source
Financial liabilities
Borrowings$'000 12,91622,77014235,82812,27926,5283,03841,845 PDF p. 130PDF p. 131
Lease liabilities$'000 3,4476,9814,48014,9085,9925,4405,38216,814 PDF p. 130PDF p. 131
Notes

Based on contractual undiscounted repayment obligations.

Borrowing notes 3 tables

Borrowings

Borrowings
Item / unit 2026Group, $'0002025Group, $'0002026Company, $'0002025Company, $'000 Source
Current
- Unsecured$'000 9421,090–194 PDF p. 116
- Secured$'000 11,0609,938–– PDF p. 116
Non-current
- Secured$'000 21,40727,447–– PDF p. 116
Total
Total borrowings$'000 33,40938,475–194 PDF p. 116
Notes

Current subtotal printed as 12,002 / 11,028 / – / 194 (unlabelled row). Interest rates and terms are in the Note 22 narrative on pages 117-119 (e.g. 18-year SGD commercial property loan fixed 2.75% for years 1-2 then 2.00% over SORA; RMB 1-year loans fixed 3.00%-5.60%; SGD term loans at 0.80%-1.75% over SORA; trust receipts 1.50% over Cost of Funds). Loans are SGD and RMB denominated; secured by mortgages of leasehold land/buildings/equipment and corporate guarantees.

Reconciliation of liabilities arising from financing activities, year ended 31 May 2026 (bank loans and lease liabilities)

Reconciliation of liabilities arising from financing activities, year ended 31 May 2026 (bank loans and lease liabilities)
Item / unit 2025Balance at 31 May 2025, $'0002026Cash flows - Repayment, $'0002026Cash flows - Proceeds, $'0002026Addition of leases, $'0002026Disposal of leases, $'0002026Foreign exchange movement, $'0002026Others, $'0002026Balance at 31 May 2026, $'000 Source
Bank loans
- Current$'000 11,028(19,461)14,191––2046,04012,002 PDF p. 119
- Non-current$'000 27,447–––––(6,040)21,407 PDF p. 119
Lease liabilities
- Current$'000 5,512(6,621)–1,174(14)(12)2,9903,029 PDF p. 119
- Non-current$'000 9,136––3,324––(2,990)9,470 PDF p. 119
Total
Total$'000 53,123(26,082)14,1914,498(14)192–45,908 PDF p. 119
Notes

Disposal of leases column shown as printed; the printed header reads 'Disposal of leases' with 'Foreign exchange movement' following.

Reconciliation of liabilities arising from financing activities, year ended 31 May 2025

Reconciliation of liabilities arising from financing activities, year ended 31 May 2025
Item / unit 2024Balance at 31 May 2024, $'0002025Repayment, $'0002025Proceeds, $'0002025Addition of leases, $'0002025Foreign exchange movement, $'0002025Others, $'0002025Balance at 31 May 2025, $'000 Source
Bank loans
- Current$'000 10,666(10,599)6,636–(135)4,46011,028 PDF p. 120
- Non-current$'000 31,653–254––(4,460)27,447 PDF p. 120
Lease liabilities
- Current$'000 4,770(5,418)–2,492–3,6685,512 PDF p. 120
- Non-current$'000 12,804––––(3,668)9,136 PDF p. 120
Total
Total$'000 59,893(16,017)6,8902,492(135)–53,123 PDF p. 120
Notes

The ‘Others’ column relates to reclassification of non-current portion of loans and borrowings including obligations under leases due to passage of time and accretion of interests.

Payout

Dividends & distributions

Dividend policy

ItemValuePeriod / scopeSource
Dividend policy The Group does not have a formal dividend policy at present. The form, frequency and amount of dividends declared each year will take into consideration the Group’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business conditions, the Group’s development plans and other factors as the Board may deem appropriate. Group PDF p. 48

Dividends declared and proposed

ItemValuePeriod / scopeSource
Interim exempt (one-tier) dividend for FY2026 0.05 Singapore cents per share FY2026 interim, one-tier tax exempt, declared and paid; FY2025 comparative also 0.05 PDF p. 133
final dividend (one-tier tax exempt) in respect of FY2026 0.10 Singapore cents per share FY2026 proposed final, one-tier tax exempt, subject to shareholders’ approval at AGM PDF p. 48
Final exempt (one-tier) dividend for FY2025 0.35 Singapore cents per share FY2025 final, one-tier tax exempt, paid during FY2026; comparative FY2024 final 0.20 PDF p. 133
total dividend 0.15 Singapore cents per share FY2026 total (interim 0.05 + proposed final 0.10) PDF p. 48
Dividend per share (SGD cent) 0.4 SGD cent per share FY2025 (financial year ended 31 May 2025); FY2024 0.2; FY2026 0.15 PDF p. 17

Payout

ItemValuePeriod / scopeSource
dividend payout approximately 39.8% (FY25: 34.8%) FY2026; comparative FY2025 34.8% PDF p. 10

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

ItemValuePeriod / scopeSource
Auditor Ernst & Young LLP Group and Company, FY ended 31 May 2026 PDF p. 68
Engagement partner Lim Huijing Amanda Group PDF p. 68

Key audit matters

ItemValuePeriod / scopeSource
Allowance for expected credit losses for trade receivables Given the magnitude and that impairment assessment of trade receivables requires significant management judgment, we determined that this is a key audit matter. Group PDF p. 66

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.

Five full financial years FY2022–FY2026 end on 31 May. Latest comparative presentation: FY2026 annual supplies 2026/2025, FY2025 supplies 2024, FY2024 supplies 2023, and FY2023 supplies 2022. Five annual originals total 753 pages; two separately archived mandate addenda total 64 pages.

Statement money is Singapore dollars in thousands ($’000). EPS is Singapore cents per share; weighted average share denominators in Note 9 are thousands of ordinary shares excluding treasury. The original FY2024 comparative cash-flow fair-value-loss cell is printed −*; its footnote says less than $1,000. The displayed * retains that bound and does not assert an exact zero.

FY2024 Note 34 re-presents FY2023 cost of sales from 78,426 to 77,321 and administrative expenses from 21,930 to 23,035 (S$’000). Deferred tax assets increase 491 and deferred tax liabilities increase 491; total assets and liabilities each increase 491, with equity and net profit unchanged. FY2023 Note 34 re-presents FY2022 cost of sales from 78,526 to 78,976 and administrative expenses from 16,959 to 16,509. Both original bridges are shown; these are disclosed reclassifications.

FY2026 Group net profit 3,096 comprises owners profit 3,234 and NCI loss 138 (S$’000). Current Group equity includes NCI; historical equity retains the printed cash-flow-hedge reserve column. Group and Company component columns keep their original year and scope.

GKE Retails is a consolidated subsidiary with 60% Group interest and 40% NCI after the 27 June 2025 transaction, despite the contract title Joint Venture Agreement. The printed superscript footnote 1 after 60 is not 601%. External subscription consideration was $666,667 in cash and assets; consolidated cash flow reports 400 (S$’000) cash. The source equity statement separately reports 551 NCI and 116 capital reserve, total 667 (S$’000). These are distinct scopes.

FY2026 Note 9 prints basic and diluted denominators 827,965 and 832,849 thousand shares, an increment of 4,884 thousand. Its narrative says 4,618,000 share options were considered. Both original disclosures are retained; that EPS note provides no bridge for the difference. Original basic and diluted EPS both round to 0.39 cents using the printed denominators.

Current Ernst & Young LLP audit, engagement partner Lim Huijing Amanda, dated 31 August 2026, expresses a true and fair opinion. This is the opinion in this issuer’s original report.

Group income, comprehensive income and cash-flow statements, and Group/Company balance sheets and changes in equity are printed. Separate Company income, comprehensive-income and cash-flow primary statements are not printed.

Annual addenda dated 10 September 2026 and 10 September 2025 seek renewal of the Share Purchase Mandate and IPT General Mandate. Their illustrative financial effects are not replacement audited balances. The FY2025 addendum cover date is 10 September 2025 while its SGX broadcast is 9 September 2025; document and announcement dates remain distinct.

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