Hiap Tong 5PO
Financials
ANNUAL REPORT 2026
Explore the statements
9 tablesConsolidated Statement of Profit or Loss and Other Comprehensive Income (Group)
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Profit or loss | |||
| Revenue$'000 | 89,158 | 91,916 | PDF p. 42 |
| Cost of sales$'000 | (73,607) | (74,347) | PDF p. 42 |
| Gross profit$'000 | 15,551 | 17,569 | PDF p. 42 |
| Other income$'000 | 2,384 | 3,403 | PDF p. 42 |
| Distribution expenses$'000 | (492) | (490) | PDF p. 42 |
| Administrative expenses$'000 | (11,076) | (13,055) | PDF p. 42 |
| Other losses$'000 | (161) | (307) | PDF p. 42 |
| Finance costs$'000 | (1,882) | (2,407) | PDF p. 42 |
| Profit before tax$'000 | 4,324 | 4,713 | PDF p. 42 |
| Income tax expense$'000 | (1,319) | (1,618) | PDF p. 42 |
| Profit for the year$'000 | 3,005 | 3,095 | PDF p. 42 |
| Other comprehensive loss: Items that may be reclassified subsequently to profit or loss | |||
| Exchange differences on translating foreign operations, net of tax$'000 | (337) | (370) | PDF p. 42 |
| Other comprehensive loss | |||
| Other comprehensive loss for the year, net of tax$'000 | (337) | (370) | PDF p. 42 |
| Total comprehensive income$'000 | 2,668 | 2,725 | PDF p. 42 |
| Earnings per share | |||
| Basic and diluted earningsCents | 0.95 | 0.98 | PDF p. 42 |
Definitions & sources
Original report: PDF p. 42 ↗
The accompanying notes form an integral part of these financial statements.
Statement is consolidated (Group) only; no separate Company income statement is presented.
Statements of Financial Position (Group and Company)
26 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Property, plant and equipment$'000 | 129,487 | 139,725 | 5,743 | 7,794 | PDF p. 43 |
| Investment property$'000 | 750 | 750 | − | − | PDF p. 43 |
| Investment in subsidiaries$'000 | − | − | 3,700 | 3,600 | PDF p. 43 |
| Other financial assets, non-current$'000 | − | − | − | − | PDF p. 43 |
| Total non-current assets$'000 | 130,237 | 140,475 | 9,443 | 11,394 | PDF p. 43 |
| Current assets | |||||
| Other non-financial assets$'000 | 1,673 | 952 | 41 | 43 | PDF p. 43 |
| Other financial assets, current$'000 | − | 7 | − | − | PDF p. 43 |
| Trade and other receivables$'000 | 30,616 | 31,832 | 19,482 | 18,230 | PDF p. 43 |
| Cash and cash equivalents$'000 | 10,935 | 8,760 | 464 | 356 | PDF p. 43 |
| Total current assets$'000 | 43,224 | 41,551 | 19,987 | 18,629 | PDF p. 43 |
| Assets | |||||
| Total assets$'000 | 173,461 | 182,026 | 29,430 | 30,023 | PDF p. 43 |
| Equity attributable to owners of the parent | |||||
| Share capital$'000 | 25,566 | 25,566 | 25,566 | 25,566 | PDF p. 43 |
| Retained earnings$'000 | 78,543 | 75,855 | 2,138 | 2,213 | PDF p. 43 |
| Other reserves$'000 | (1,851) | (1,514) | − | − | PDF p. 43 |
| Total equity$'000 | 102,258 | 99,907 | 27,704 | 27,779 | PDF p. 43 |
| Non-current liabilities | |||||
| Deferred tax liabilities$'000 | 12,543 | 11,723 | − | − | PDF p. 43 |
| Loans and borrowings, non-current$'000 | − | 42 | − | − | PDF p. 43 |
| Lease liabilities, non-current$'000 | 16,506 | 21,972 | 1,002 | 1,533 | PDF p. 43 |
| Total non-current liabilities$'000 | 29,049 | 33,737 | 1,002 | 1,533 | PDF p. 43 |
| Current liabilities | |||||
| Income tax payable$'000 | 335 | 163 | − | − | PDF p. 43 |
| Loans and borrowings, current$'000 | 10,542 | 10,188 | − | − | PDF p. 43 |
| Lease liabilities, current$'000 | 16,710 | 20,444 | 577 | 542 | PDF p. 43 |
| Trade and other payables$'000 | 14,567 | 17,587 | 147 | 169 | PDF p. 43 |
| Total current liabilities$'000 | 42,154 | 48,382 | 724 | 711 | PDF p. 43 |
| Liabilities | |||||
| Total liabilities$'000 | 71,203 | 82,119 | 1,726 | 2,244 | PDF p. 43 |
| Equity and liabilities | |||||
| Total equity and liabilities$'000 | 173,461 | 182,026 | 29,430 | 30,023 | PDF p. 43 |
Definitions & sources
Original report: PDF p. 43 ↗
As at 31 March 2026.
The accompanying notes form an integral part of these financial statements.
Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, $'000 | 2025Group, $'000 | Source |
|---|---|---|---|
| Other comprehensive loss | |||
| Exchange differences on translating foreign operations, net of tax$'000 | (337) | (370) | PDF p. 42 |
| Other comprehensive loss for the year, net of tax$'000 | (337) | (370) | PDF p. 42 |
| Total | |||
| Total comprehensive income$'000 | 2,668 | 2,725 | PDF p. 42 |
Definitions & sources
Original report: PDF p. 42 ↗
Items that may be reclassified subsequently to profit or loss. No non-controlling interest attribution shown. Only OCI-related rows extracted in this scoped stage.
Consolidated Statement of Changes in Equity – Year ended 31 March 2026 (Group)
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Total equity, $'000 | 2026Group, Share Capital, $'000 | 2026Group, Merger reserve, $'000 | 2026Group, Fair value reserve, $'000 | 2026Group, Foreign currency translation reserve, $'000 | 2026Group, Retained earnings, $'000 | Source |
|---|---|---|---|---|---|---|---|
| Current year | |||||||
| Opening balance at 1 April 2025$'000 | 99,907 | 25,566 | (1,670) | (200) | 356 | 75,855 | PDF p. 44 |
| Profit for the year$'000 | 3,005 | − | − | − | − | 3,005 | PDF p. 44 |
| Exchange differences on translating foreign operations$'000 | (337) | − | − | − | (337) | − | PDF p. 44 |
| Changes in equity | |||||||
| Total comprehensive income for the year$'000 | 2,668 | − | − | − | (337) | 3,005 | PDF p. 44 |
| Distribution to owners | |||||||
| Dividends paid (Note 11)$'000 | (317) | − | − | − | − | (317) | PDF p. 44 |
| Total distribution to owners$'000 | (317) | − | − | − | − | (317) | PDF p. 44 |
| Current year | |||||||
| Closing balance at 31 March 2026$'000 | 102,258 | 25,566 | (1,670) | (200) | 19 | 78,543 | PDF p. 44 |
Definitions & sources
Original report: PDF p. 44 ↗
Attributable to owner of the Company. Printed sub-heading label 'Current year' appears for both periods. The report does not present a separate Company statement of changes in equity or non-controlling interest schedule.
Consolidated Statement of Changes in Equity – Year ended 31 March 2025 comparative (Group)
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Total equity, $'000 | 2025Group, Share Capital, $'000 | 2025Group, Merger reserve, $'000 | 2025Group, Fair value reserve, $'000 | 2025Group, Foreign currency translation reserve, $'000 | 2025Group, Retained earnings, $'000 | Source |
|---|---|---|---|---|---|---|---|
| Prior year (printed as Current year) | |||||||
| Opening balance at 1 April 2024$'000 | 97,499 | 25,566 | (1,670) | (200) | 726 | 73,077 | PDF p. 44 |
| Profit for the year$'000 | 3,095 | − | − | − | − | 3,095 | PDF p. 44 |
| Exchange differences on translating foreign operations$'000 | (370) | − | − | − | (370) | − | PDF p. 44 |
| Changes in equity | |||||||
| Total comprehensive income for the year$'000 | 2,725 | − | − | − | (370) | 3,095 | PDF p. 44 |
| Distribution to owners | |||||||
| Dividends paid (Note 11)$'000 | (317) | − | − | − | − | (317) | PDF p. 44 |
| Total distribution to owners$'000 | (317) | − | − | − | − | (317) | PDF p. 44 |
| Prior year (printed as Current year) | |||||||
| Closing balance at 31 March 2025$'000 | 99,907 | 25,566 | (1,670) | (200) | 356 | 75,855 | PDF p. 44 |
Definitions & sources
Original report: PDF p. 44 ↗
Attributable to owner of the Company. Second block is headed 'Current year' in the source but covers 1 April 2024 to 31 March 2025.
Consolidated Statement of Cash Flows (Group)
29 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, $'000 | 2025Group, $'000 | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit before tax$'000 | 4,324 | 4,713 | PDF p. 45 |
| Adjustments for | |||
| Depreciation of property, plant and equipment$'000 | 16,664 | 16,878 | PDF p. 45 |
| Loss/(gain) on disposal of property, plant and equipment$'000 | 154 | (825) | PDF p. 45 |
| Gain on disposal of asset held for sale$'000 | − | (293) | PDF p. 45 |
| Fair value loss on financial derivatives$'000 | 7 | 5 | PDF p. 45 |
| Allowance for impairment loss on trade receivables – (reversal)/loss$'000 | (589) | 264 | PDF p. 45 |
| Allowance for impairment loss on property, plant and equipment – reversal$'000 | − | 38 | PDF p. 45 |
| Interest expense$'000 | 1,868 | 2,394 | PDF p. 45 |
| Interest income$'000 | (20) | (1) | PDF p. 45 |
| Cash flows from operating activities | |||
| Operating cash flows before changes in working capital$'000 | 22,408 | 23,173 | PDF p. 45 |
| Trade and other receivables$'000 | 1,084 | (2,852) | PDF p. 45 |
| Trade and other payables$'000 | (1,956) | 713 | PDF p. 45 |
| Net cash flows from operating activities$'000 | 21,536 | 21,034 | PDF p. 45 |
| Income taxes paid$'000 | (327) | (814) | PDF p. 45 |
| Net cash provided by operating activities$'000 | 21,209 | 20,220 | PDF p. 45 |
| Cash flows from investing activities | |||
| Proceed from disposal of asset held for sale$'000 | − | 4,739 | PDF p. 45 |
| Proceeds from disposal of property, plant and equipment$'000 | 1,561 | 1,985 | PDF p. 45 |
| Purchase of property, plant and equipment (Note 20A)$'000 | (1,373) | (1,054) | PDF p. 45 |
| Interest received$'000 | 20 | 1 | PDF p. 45 |
| Net cash provided by investing activities$'000 | 208 | 5,671 | PDF p. 45 |
| Cash flows from financing activities | |||
| Proceeds from loans and borrowings$'000 | 17,500 | 18,500 | PDF p. 45 |
| Repayment of loans and borrowings$'000 | (17,188) | (18,252) | PDF p. 45 |
| Interest paid$'000 | (1,720) | (2,204) | PDF p. 45 |
| Payments of lease liabilities$'000 | (17,129) | (24,911) | PDF p. 45 |
| Dividends paid (Notes 11)$'000 | (317) | (317) | PDF p. 45 |
| Net cash used in financing activities$'000 | (18,854) | (27,184) | PDF p. 45 |
| Net change in cash | |||
| Net increase/(decrease) in cash and cash equivalents$'000 | 2,563 | (1,293) | PDF p. 45 |
| Cash and cash equivalents, consolidated statement of cash flows, beginning balance$'000 | 8,760 | 10,523 | PDF p. 45 |
| Effect of exchange rate charges on balances had in foreign currency$'000 | (388) | (470) | PDF p. 45 |
Definitions & sources
Original report: PDF p. 45 ↗
The closing row label wraps: 'Cash and cash equivalents, consolidated statement of cash flows, ending balance (Note 20)' with values 10,935 and 8,760; the wrapped row is not included as a row because its single-line quote is not contiguous in the text. Closing cash is 10,935 (2026) and 8,760 (2025). Labels are as printed, including typographical oddities.
Financial Highlights (five-year summary)
11 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group FY2022 | 2023Group FY2023 | 2024Group FY2024 | 2025Group FY2025 | 2026Group FY2026 | Source |
|---|---|---|---|---|---|---|
| Financial Highlights | ||||||
| Revenue$'000 | 68,066 | 98,837 | 92,263 | 91,916 | 89,158 | PDF p. 10 |
| Cost of sales$'000 | (60,902) | (71,479) | (75,419) | (74,347) | (73,607) | PDF p. 10 |
| Gross profit$'000 | 7,164 | 27,358 | 16,844 | 17,569 | 15,551 | PDF p. 10 |
| Other income$'000 | 6,388 | 4,695 | 4,452 | 3,441 | 2,384 | PDF p. 10 |
| Distribution expenses$'000 | (228) | (668) | (691) | (490) | (492) | PDF p. 10 |
| Administrative expenses$'000 | (8,878) | (10,716) | (12,497) | (13,055) | (11,076) | PDF p. 10 |
| Financial Highlights - Other expenses | ||||||
| Other losses$'000 | (829) | (3,203) | (428) | (307) | (161) | PDF p. 10 |
| Financial Highlights | ||||||
| Net finance costs$'000 | (2,064) | (2,059) | (2,202) | (2,407) | (1,882) | PDF p. 10 |
| Profit before tax$'000 | 1,533 | 16,786 | 5,153 | 4,713 | 4,324 | PDF p. 10 |
| Tax credit/(expense)$'000 | 75 | (2,942) | (1,026) | (1,618) | (1,319) | PDF p. 10 |
| Net profit for the year$'000 | 1,608 | 13,844 | 4,127 | 3,095 | 3,005 | PDF p. 10 |
Definitions & sources
Original report: PDF p. 10 ↗
Allowance for impairment loss on property, plant and equipment - reversal/(loss): -, 2,229, 5, (38), - for FY2022-FY2026 (label wraps across lines; not extracted as a row). Net change in fair value of investment properties: (20), (850), (330), -, -.
Charts show Revenue ($'M) 68.1, 98.8, 92.3, 91.9, 89.2; Gross profit ($'M) 7.2, 27.4, 16.8, 17.6, 15.6; Net profit ($'M) 1.6, 13.8, 4.1, 3.1, 3.0.
Dividends on equity shares (Note 11)
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Rate per share, cents, FY2026 | 2025Rate per share, cents, FY2025 | 2026Amount $'000, FY2026 | 2025Amount $'000, FY2025 | Source |
|---|---|---|---|---|---|
| Final dividend paid net of income tax | |||||
| - Cash dividendcents per share (first two values); $'000 (last two) | 0.1 | 0.1 | 317 | 317 | PDF p. 60 |
Definitions & sources
Original report: PDF p. 60 ↗
The directors have proposed that a final dividend of 0.1 cents per share be paid to shareholders after the annual general meeting to be held on 28 July 2026. There are no income tax consequences on the reporting entity. This dividend is subject to approval by shareholders at the next annual general meeting and has not been included as a liability in these financial statements.
Earnings per share (Note 12) - Group
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Numerators: earnings attributable to equity | |||
| Continuing operations: attributable to equity holders$'000 | 3,005 | 3,095 | PDF p. 60 |
| Basic and diluted earnings per share | |||
| Continuing operationsCents | 0.95 | 0.98 | PDF p. 60 |
Definitions & sources
Original report: PDF p. 60 ↗
Diluted earnings per share are the same as basic earnings per share as no potential dilutive ordinary share exists during the respective reporting years.
The weighted average number of ordinary shares refers to shares in issue outstanding during the reporting period.
Where the money comes from
Segment information
By business
Profit or loss from continuing operations by segment 9 lines
| Item / unit | 2026Lifting and haulage services | 2026Manpower services | 2026Others | 2026Group | 2025Lifting and haulage services | 2025Manpower services | 2025Others | 2025Group | Source |
|---|---|---|---|---|---|---|---|---|---|
| Revenue by segment | |||||||||
| Total revenue by segment$'000 | 60,356 | 28,794 | 8 | 89,158 | 62,668 | 28,928 | 320 | 91,916 | PDF p. 54 |
| Total revenue$'000 | 60,356 | 28,794 | 8 | 89,158 | 62,668 | 28,928 | 320 | 91,916 | PDF p. 54 |
| Profit or loss | |||||||||
| EBITDA$'000 | 20,069 | 2,787 | − | 22,856 | 20,796 | 3,116 | 73 | 23,985 | PDF p. 54 |
| Interest expense$'000 | (1,822) | (46) | − | (1,868) | (2,315) | (79) | − | (2,394) | PDF p. 54 |
| Depreciation$'000 | (15,896) | (768) | − | (16,664) | (15,554) | (1,324) | − | (16,878) | PDF p. 54 |
| Profit before tax$'000 | 2,351 | 1,973 | − | 4,324 | 2,927 | 1,713 | 73 | 4,713 | PDF p. 54 |
| Income tax (expense)/benefit$'000 | (1,352) | 33 | − | (1,319) | PDF p. 54 | ||||
| Profit net of tax$'000 | 999 | 2,006 | − | 3,005 | 1,441 | 1,581 | 73 | 3,095 | PDF p. 54 |
| Income tax expense$'000 | (1,486) | (132) | − | (1,618) | PDF p. 54 | ||||
Notes
Primary segment performance measure is EBITDA (earnings before depreciation and amortisation, interests and income taxes). "Others" include certain revenues and assets that are not allocated to the business segments.
Same segment basis as 2026 table.
Assets by segment 1 lines
| Item / unit | 2026Lifting and haulage services | 2026Manpower services | 2026Others | 2026Group | Source |
|---|---|---|---|---|---|
| 2026 | |||||
| Total Group assets$'000 | 163,124 | 9,587 | 750 | 173,461 | PDF p. 55 |
Notes
Others include certain assets that are not allocated to business segments because they are of general use and they are not directly attributable to the segments or cannot be allocated to the segments on a reasonable basis.
2025 comparative: see next table.
Assets by segment 1 lines
| Item / unit | 2026Lifting and haulage services | 2026Manpower services | 2026Others | 2026Group | 2025Lifting and haulage services | 2025Manpower services | 2025Others | 2025Group | Source |
|---|---|---|---|---|---|---|---|---|---|
| Total Group assets$'000 | 163,124 | 9,587 | 750 | 173,461 | 171,975 | 9,301 | 750 | 182,026 | PDF p. 55 |
Notes
Others include certain assets that are not allocated to business segments because they are of general use and they are not directly attributable to the segments or cannot be allocated to the segments on a reasonable basis.
2025 comparative: see next table.
Liabilities by segment 1 lines
| Item / unit | 2026Lifting and haulage services | 2026Manpower services | 2026Others | 2026Group | 2025Lifting and haulage services | 2025Manpower services | 2025Others | 2025Group | Source |
|---|---|---|---|---|---|---|---|---|---|
| Total Group liabilities$'000 | 66,303 | 4,900 | − | 71,203 | 76,917 | 5,202 | − | 82,119 | PDF p. 55 |
Notes
Others include certain liabilities that are not allocated to business segments because they are of general use and they are not directly attributable to the segments or cannot be allocated to the segments on a reasonable basis.
Other material items by segment, 2026 3 lines
| Item / unit | 2026Lifting and haulage services | 2026Manpower services | 2026Others | 2026Group | Source |
|---|---|---|---|---|---|
| 2026 | |||||
| Allowance for impairment loss on trade receivables - reversals$'000 | 589 | − | − | 589 | PDF p. 55 |
| Loss on disposal of property, plant and equipment$'000 | (154) | − | − | (154) | PDF p. 55 |
| Capital expenditure$'000 | 7,157 | 933 | − | 8,090 | PDF p. 55 |
Notes
Row labels wrap across two lines in the source.
Other material items by segment, 2025 4 lines
| Item / unit | 2025Lifting and haulage services | 2025Manpower services | 2025Others | 2025Group | Source |
|---|---|---|---|---|---|
| 2025 | |||||
| Allowance for impairment loss on trade receivables - loss$'000 | (264) | − | − | (264) | PDF p. 55 |
| Gain on disposal of property, plant and equipment$'000 | 825 | − | − | 825 | PDF p. 55 |
| Gain on disposal of asset held for sale$'000 | 293 | − | − | 293 | PDF p. 55 |
| Capital expenditure$'000 | 9,430 | 527 | − | 9,957 | PDF p. 55 |
Notes
Row labels wrap across two lines in the source.
By geography
Geographical information 3 lines
| Item / unit | 2026Revenue | 2025Revenue | 2026Non-current assets | 2025Non-current assets | Source |
|---|---|---|---|---|---|
| Geographical information | |||||
| Singapore$'000 | 87,524 | 89,506 | 129,274 | 139,415 | PDF p. 56 |
| Malaysia$'000 | 1,634 | 2,410 | 963 | 1,060 | PDF p. 56 |
| Total (unlabelled)$'000 | 89,158 | 91,916 | 130,237 | 140,475 | PDF p. 56 |
Notes
Total row has no printed label.
Debt
Borrowings
Borrowing notes 2 tables
Loans and borrowings
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Non-current | |||
| Unsecured bank loan$'000 | − | 42 | PDF p. 71 |
| Subtotal, non-current$'000 | − | 42 | PDF p. 71 |
| Current | |||
| Unsecured bank loan$'000 | 10,542 | 10,188 | PDF p. 71 |
| Subtotal, current$'000 | 10,542 | 10,188 | PDF p. 71 |
| Total | |||
| Total$'000 | 10,542 | 10,230 | PDF p. 71 |
| Non-current portion repayable | |||
| Due within 2 to 5 years$'000 | − | 42 | PDF p. 71 |
| Total non-current portion$'000 | − | 42 | PDF p. 71 |
Notes
Range of floating interest rates paid on unsecured bank loans (Group): 2026: 2.00% - 5.07%; 2025: 2.00% - 5.07%.
Lease liabilities (statement of financial position presentation)
| Item / unit | 2026Group, $'000 | 2025Group, $'000 | 2026Company, $'000 | 2025Company, $'000 | Source |
|---|---|---|---|---|---|
| Lease liabilities | |||||
| Lease liabilities, non-current$'000 | 16,506 | 21,972 | 1,002 | 1,533 | PDF p. 72 |
| Lease liabilities, current$'000 | 16,710 | 20,444 | 577 | 542 | PDF p. 72 |
Notes
Weighted average incremental borrowing rate applied to lease liabilities ranged from 1.7% to 6.2% (2025: 1.7% to 6.2%).
Total row 33,216 / 42,416 / 1,579 / 2,075 is unlabelled in the source.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company does not have a fixed dividend policy. The frequency and amount of dividends will depend on the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow and general business condition, development plans and other factors as the Directors may deem appropriate. | Company | PDF p. 32 |
| Scrip dividend scheme | The Company has a scrip dividend scheme. If the scrip dividend scheme is applied to any dividend, payment will be made in compliance with the Catalist Rules. | Company | PDF p. 32 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| first and final tax exempt (one-tier) dividend | 0.1 Singapore cent per ordinary share | Proposed for FY ended 31 March 2026; subject to shareholder approval at AGM 28 July 2026 | PDF p. 32 |
| Record Date | 6 August 2026 | Proposed FY2026 dividend | PDF p. 90 |
| Proposed Dividend payment date | 17 August 2026 | Proposed FY2026 dividend | PDF p. 91 |
| Final dividend paid net of income tax - Cash dividend | 0.1 cents per share | Rate per share, 2026 column (paid during FY2026; relates to prior-year final dividend) | PDF p. 60 |
| Final dividend paid net of income tax - Cash dividend | 0.1 cents per share | Rate per share, 2025 comparative column | PDF p. 60 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
Audit & risk signals
Audit opinion
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | RSM SG Assurance LLP | Group and Company, year ended 31 March 2026 | PDF p. 41 |
| Engagement partner | Lee Mong Sheong | Group and Company, year ended 31 March 2026 | PDF p. 41 |
| Opinion | In our opinion, the accompanying consolidated financial statements of the Group and the statement of financial position of the Company are properly drawn up in accordance with the provisions of the Companies Act 1967 | Group and Company, 31 March 2026 | PDF p. 38 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Assessment of the impairment loss on property, plant and equipment | As at 31 March 2026, the Group’s market capitalisation of $34.3 million is below the net asset value of $102.3 million, which indicates that the property, plant and equipment may be impaired. | Group, year ended 31 March 2026 | PDF p. 38 |
| Assessment of the expected credit loss allowance on trade receivables | There is a risk over the non-recoverability of these balances due to the economic uncertainties faced by these industries. | Group, year ended 31 March 2026 | PDF p. 39 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
How to read these figures
Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.
Comparative figures follow ANNUAL REPORT 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.