Chasen 5NV

Original report: PDF p. 61 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 62 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 63 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 63 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 64 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 65 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 66 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 66 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 67 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 68 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 99 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 116 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 115 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 97 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 98 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 99 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 99 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 123 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 96 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 93 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 59 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 60 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 61 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 61 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 63 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 64 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 65 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 66 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 98 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 120 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 58 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 59 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 60 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 60 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 62 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 63 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 64 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 65 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 95 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 116 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 60 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 61 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 61 ↗

Five official annual report originals FY2022–FY2026 (787 pages) are archived. Financial years end 31 March and each covers twelve months. Current annual FY2026 supplies FY2026/FY2025; annual FY2025 supplies FY2024; annual FY2024 supplies the re-presented FY2023 continuing/discontinued operations; annual FY2023 supplies original FY2022 before the later discontinued-operation presentation. The FY2022 original is also retained for independent comparative checks. FY2022 has no invented continuing/discontinued split.

Financial statement amounts are Singapore dollars in thousands (S$’000). EPS is Singapore cents per share; weighted average shares in the EPS note are in thousands. Printed dashes and original blank subtotal captions are retained. On FY2026 financial position page, * means less than thousand; it is not an exact zero. The equity movement table separately prints a dash for the closing treasury-share amount.

Group profit/loss, comprehensive income and cash flows, Group and Company financial position and separate Group and Company changes in equity are disclosed. Separate Company profit/loss and cash-flow primary statements are not printed.

FY2025 total Group profit 33,231 includes continuing-operation loss 13,615 and discontinued-operation profit 46,846 (S$’000). Continuing-operation owners loss 11,808 differs from total owners profit 34,457. These scopes are retained separately. FY2026 continuing revenue 118,297 is not directly comparable to FY2022 original revenue including the businesses subsequently discontinued.

FY2026 separately presents FY2025 fair value gain on investment properties 50 and other operating income 7,199; FY2025 original presents other operating income 7,249. This is a presentation split; no change is invented to the reported FY2025 total profit.

FY2026 independent auditors Forvis Mazars LLP express a true and fair opinion on the financial statements. The opinion is read from this issuer’s original auditors’ report; a disclaimer from another issuer is not applicable.

FY2025 original EPS Note 11 prints FY2024 continuing basic EPS (2.85) cents, while the same annual primary statement prints (2.84). Both source values are preserved in separate tables; no silent reconciliation or invented correction. The differing numerator/weighted-average rounding is not asserted as an explanation.

Cash-flow cash excludes pledged deposits. FY2024 includes 6,168 S$000 cash of discontinued operations in the cash-flow definition although financial-position continuing cash is 15,705; total cash-flow cash 18,899 is retained separately.

FY2025 discontinued-operation note for CZ Group reports pretax profit47,398 and income tax552, whereas the primary cash-flow/tax disclosures report47,460 and614 (S$000); both yield net profit46,846. The original62difference has no disclosed bridge here and is retained explicitly without an invented explanation. FY2026 Note10 also prints31July2025 as the derecognition date in the FY2025 comparative, while FY2025 original Note10 prints31July2024. Both dates are retained as an original-source inconsistency. Cashflow total disposal gain48,643 separately includes CZgain45,119 plus continuing subsidiary disposal gain3,524; these are different scopes, not a single CZgain.

FY2022 original Group equity table prints owners total comprehensive income 3,754 (S$000), whereas FY2022 original income statement and FY2023 comparative equity print 3,574. The later comparative is used and agrees its own components. This is an explicit original-source discrepancy, not an invented formally announced restatement. Original all-zero realization/divestment/deregistration captions later omitted are kept in the independent source controls.

FY2026 Group current assets 83,847 less current liabilities 64,568 gives net current assets 19,279 (S$000); comparative FY2025 is net current liabilities 22,499. Prior-year subsidiary tangible-net-worth covenant breach at 31 March 2025 received bank waiver 19 May 2025 (Note 28). The later TOP on 28 May 2025 is separately dated; no new FY2026 breach is invented from the prior disclosure.

FY2026 S$5,200 thousand provision concerns discounted reinstatement costs for leased properties (Note30): current200 and non-current5,000. Investment-property movement includes transfer17,373 plus fair-value gain6,846 from opening1,150 to closing25,369. Amounts are S$000, not whole dollars.

FY2023 re-presented continuing EPS is printed (0.46) cents, including the original EPS note. Ratios from rounded source numerators/denominators are not used to overwrite printed EPS or invent an explanation. FY2024 note (2.85) versus primary (2.84) cents is separately disclosed.

Original report: PDF p. 63 ↗