B Wilshire Ltd 9QX
Financials
BEVERLY WILSHIRE LTD. ANNUAL REPORT 2025
Explore the statements
7 tablesConsolidated Statement of Comprehensive Income (Group)
21 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Income statement | |||
| RevenueS$'000 | 9,402 | 5,889 | PDF p. 83 |
| Cost of salesS$'000 | (4,123) | (2,822) | PDF p. 83 |
| Gross profitS$'000 | 5,279 | 3,067 | PDF p. 83 |
| Other incomeS$'000 | 521 | 466 | PDF p. 83 |
| Other losses, netS$'000 | (120) | (3,498) | PDF p. 83 |
| Expenses | |||
| – DistributionS$'000 | (1,181) | (147) | PDF p. 83 |
| – AdministrativeS$'000 | (4,320) | (5,614) | PDF p. 83 |
| – FinanceS$'000 | (112) | (155) | PDF p. 83 |
| Income statement | |||
| Profit/(Loss) before income taxS$'000 | 67 | (5,881) | PDF p. 83 |
| Income tax expenseS$'000 | – | 73 | PDF p. 83 |
| Profit/(Loss) for the financial yearS$'000 | 67 | (5,808) | PDF p. 83 |
| Other comprehensive loss, net of tax | |||
| – lossS$'000 | (79) | (135) | PDF p. 83 |
| Other comprehensive income | |||
| Other comprehensive loss, net of taxS$'000 | (79) | (135) | PDF p. 83 |
| Total comprehensive lossS$'000 | (12) | (5,943) | PDF p. 83 |
| Total profit/(loss) attributable to | |||
| Equity holders of the CompanyS$'000 | 46 | (4,922) | PDF p. 83 |
| Non-controlling interestsS$'000 | 21 | (886) | PDF p. 83 |
| SubtotalS$'000 | 67 | (5,808) | PDF p. 83 |
| Total comprehensive income/(loss) attributable to | |||
| Equity holders of the CompanyS$'000 | (33) | (5,057) | PDF p. 83 |
| Non-controlling interestsS$'000 | 21 | (886) | PDF p. 83 |
| SubtotalS$'000 | (12) | (5,943) | PDF p. 83 |
| Earnings per share | |||
| Basic and diluted profit/(loss) per sharecents per share | 0.005 | (0.800) | PDF p. 83 |
Definitions & sources
Original report: PDF p. 83 ↗
The accompanying notes form an integral part of these financial statements.
EPS is for profit/(loss) attributable to equity holders of the Company (cents per share).
Statements of Financial Position (Group and Company)
23 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and bank balancesS$'000 | 572 | 858 | 235 | 680 | PDF p. 84 |
| Trade and other receivablesS$'000 | 3,484 | 573 | 241 | 60 | PDF p. 84 |
| InventoriesS$'000 | 391 | 385 | – | – | PDF p. 84 |
| SubtotalS$'000 | 4,447 | 1,816 | 476 | 740 | PDF p. 84 |
| Non-current assets | |||||
| Investments in subsidiariesS$'000 | – | – | 6,400 | 3,607 | PDF p. 84 |
| Intangible assetsS$'000 | 653 | 626 | – | – | PDF p. 84 |
| SubtotalS$'000 | 1,252 | 1,226 | 6,683 | 3,669 | PDF p. 84 |
| Assets | |||||
| Total assetsS$'000 | 5,699 | 3,042 | 7,159 | 4,409 | PDF p. 84 |
| Current liabilities | |||||
| Trade and other payablesS$'000 | 4,077 | 6,481 | 1,141 | 2,551 | PDF p. 84 |
| Income tax payableS$'000 | 6 | 6 | – | – | PDF p. 84 |
| Lease liabilitiesS$'000 | 342 | 514 | 66 | 65 | PDF p. 84 |
| BorrowingsS$'000 | 9 | 658 | 466 | 1,090 | PDF p. 84 |
| SubtotalS$'000 | 4,434 | 7,659 | 1,673 | 3,706 | PDF p. 84 |
| Non-current liabilities | |||||
| Lease liabilitiesS$'000 | 667 | 704 | 214 | – | PDF p. 84 |
| BorrowingsS$'000 | 415 | 6 | 415 | – | PDF p. 84 |
| SubtotalS$'000 | 1,097 | 725 | 629 | – | PDF p. 84 |
| Liabilities | |||||
| Total liabilitiesS$'000 | 5,531 | 8,384 | 2,302 | 3,706 | PDF p. 84 |
| Net assets | |||||
| NET ASSETS/(LIABILITIES)S$'000 | 168 | (5,342) | 4,857 | 703 | PDF p. 84 |
| Equity | |||||
| Share capitalS$'000 | 93,248 | 87,630 | 93,248 | 87,630 | PDF p. 84 |
| Other reservesS$'000 | (83) | 92 | 133 | 229 | PDF p. 84 |
| Accumulated lossesS$'000 | (88,584) | (88,630) | (84,967) | (83,599) | PDF p. 84 |
| SubtotalS$'000 | 1,024 | (4,465) | 4,857 | 703 | PDF p. 84 |
| Non-controlling interestsS$'000 | (856) | (877) | – | – | PDF p. 84 |
Definitions & sources
Original report: PDF p. 84 ↗
The accompanying notes form an integral part of these financial statements.
Rows split across lines in the source (Property, plant and equipment; Settlement shares and warrants receivables; Deferred income tax liabilities; Total equity/(Capital deficiency)) are omitted because their wrapped labels could not be quoted as a single contiguous row.
Consolidated Statement of Comprehensive Income
19 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, S$'000 | 2024Group, S$'000 | Source |
|---|---|---|---|
| Income statement | |||
| RevenueS$'000 | 9,402 | 5,889 | PDF p. 83 |
| Cost of salesS$'000 | (4,123) | (2,822) | PDF p. 83 |
| Gross profitS$'000 | 5,279 | 3,067 | PDF p. 83 |
| Other incomeS$'000 | 521 | 466 | PDF p. 83 |
| Other losses, netS$'000 | (120) | (3,498) | PDF p. 83 |
| Expenses | |||
| – DistributionS$'000 | (1,181) | (147) | PDF p. 83 |
| – AdministrativeS$'000 | (4,320) | (5,614) | PDF p. 83 |
| – FinanceS$'000 | (112) | (155) | PDF p. 83 |
| Income statement | |||
| Profit/(Loss) before income taxS$'000 | 67 | (5,881) | PDF p. 83 |
| Income tax expenseS$'000 | – | 73 | PDF p. 83 |
| Profit/(Loss) for the financial yearS$'000 | 67 | (5,808) | PDF p. 83 |
| Other comprehensive loss: currency translation differences arising from consolidation | |||
| – lossS$'000 | (79) | (135) | PDF p. 83 |
| Other comprehensive income | |||
| Other comprehensive loss, net of taxS$'000 | (79) | (135) | PDF p. 83 |
| Total comprehensive income | |||
| Total comprehensive lossS$'000 | (12) | (5,943) | PDF p. 83 |
| Total profit/(loss) attributable to | |||
| Equity holders of the CompanyS$'000 | 46 | (4,922) | PDF p. 83 |
| Non-controlling interestsS$'000 | 21 | (886) | PDF p. 83 |
| Total comprehensive income/(loss) attributable to | |||
| Equity holders of the CompanyS$'000 | (33) | (5,057) | PDF p. 83 |
| Non-controlling interestsS$'000 | 21 | (886) | PDF p. 83 |
| Earnings per share | |||
| Basic and diluted profit/(loss) per sharecents per share | 0.005 | (0.800) | PDF p. 83 |
Definitions & sources
Original report: PDF p. 83 ↗
Item that may be reclassified subsequently to profit or loss: currency translation differences arising from consolidation. Only Group presented; no Company income statement printed.
Consolidated Statement of Cash Flows
37 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, S$'000 | 2024Group, S$'000 | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit/(Loss) before taxS$'000 | 67 | (5,881) | PDF p. 87 |
| Adjustments for | |||
| – Loss allowances on trade and other receivablesS$'000 | 70 | 243 | PDF p. 87 |
| – Reversal of loss allowances on other receivablesS$'000 | (12) | – | PDF p. 87 |
| – Professional fee settled by issuance of sharesS$'000 | 100 | 75 | PDF p. 87 |
| – Amortisation of intangible assetsS$'000 | – | 37 | PDF p. 87 |
| – Depreciation of property, plant and equipmentS$'000 | 561 | 1,151 | PDF p. 87 |
| – Finance expensesS$'000 | 112 | 155 | PDF p. 87 |
| – Gain on derecognition of liabilityS$'000 | – | (120) | PDF p. 87 |
| – Gain on termination of leases (net)S$'000 | (21) | (52) | PDF p. 87 |
| – Impairment loss on property, plant and equipmentS$'000 | 38 | 1,902 | PDF p. 87 |
| – Impairment loss on intangible assetsS$'000 | – | 1,344 | PDF p. 87 |
| – Loss on property, plant and equipment written offS$'000 | 161 | 213 | PDF p. 87 |
| – Loss on disposal of property, plant and equipmentS$'000 | – | 1 | PDF p. 87 |
| – Share based paymentS$'000 | 50 | 25 | PDF p. 87 |
| – Unrealised currency translation lossesS$'000 | (399) | (184) | PDF p. 87 |
| Cash flows from operating activities | |||
| Operating profit/(loss) before working capital changesS$'000 | 727 | (1,091) | PDF p. 87 |
| Change in working capital | |||
| – Trade and other receivablesS$'000 | (357) | 176 | PDF p. 87 |
| – InventoriesS$'000 | (6) | 62 | PDF p. 87 |
| – Trade and other payablesS$'000 | (1,490) | 2,548 | PDF p. 87 |
| Cash flows from operating activities | |||
| Cash (used in)/generated from operationsS$'000 | (1,126) | 1,695 | PDF p. 87 |
| – Interest expense- bank overdraftsS$'000 | – | (14) | PDF p. 87 |
| Net cash (used in)/from operating activitiesS$'000 | (1,126) | 1,681 | PDF p. 87 |
| Cash flows from investing activities | |||
| – Purchase of property, plant and equipmentS$'000 | (54) | (50) | PDF p. 87 |
| – Proceeds from disposal of property, plant and equipmentS$'000 | – | 2 | PDF p. 87 |
| Net cash used in investing activitiesS$'000 | (54) | (48) | PDF p. 87 |
| Cash flows from financing activities | |||
| – Bank deposit dischargedS$'000 | – | 30 | PDF p. 87 |
| – Net proceeds from issuance of ordinary sharesS$'000 | 2,000 | 385 | PDF p. 87 |
| – Non-controlling interest contributionS$'000 | – | 3 | PDF p. 87 |
| – Share issuance expensesS$'000 | (54) | (324) | PDF p. 87 |
| – Proceeds from borrowingsS$'000 | 118 | 350 | PDF p. 87 |
| – Repayment of lease liabilitiesS$'000 | (807) | (790) | PDF p. 87 |
| – Repayment of borrowingsS$'000 | (358) | (313) | PDF p. 87 |
| – Interest paidS$'000 | (5) | (16) | PDF p. 87 |
| Net cash from/(used in) financing activitiesS$'000 | 894 | (675) | PDF p. 87 |
| Cash and cash equivalents | |||
| Net changes in cash and cash equivalentsS$'000 | (286) | 958 | PDF p. 87 |
| Beginning of financial yearS$'000 | 858 | (100) | PDF p. 87 |
| End of financial yearS$'000 | 572 | 858 | PDF p. 87 |
Definitions & sources
Original report: PDF p. 87 ↗
Only Group cash flow printed; no Company cash flow statement.
Consolidated Statement of Changes in Equity - year ended 31 December 2025
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, S$'000: Share Capital | 2025Group, S$'000: Settlement shares and warrants receivables | 2025Group, S$'000: Currency translation reserve | 2025Group, S$'000: Warrant reserve | 2025Group, S$'000: Accumulated losses | 2025Group, S$'000: Total attributable to equity holders | 2025Group, S$'000: Non-controlling interests | 2025Group, S$'000: Total equity/(capital deficiency) | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group | |||||||||
| At 1 January 2025S$'000 | 87,630 | (3,557) | (137) | 229 | (88,630) | (4,465) | (877) | (5,342) | PDF p. 85 |
| Net profit for the financial yearS$'000 | – | – | – | – | 46 | 46 | 21 | 67 | PDF p. 85 |
| Other comprehensive loss for the financial yearS$'000 | – | – | (79) | – | – | (79) | – | (79) | PDF p. 85 |
| Total comprehensive income/(loss) for the financial yearS$'000 | – | – | (79) | – | 46 | (33) | 21 | (12) | PDF p. 85 |
| Issuance of share capitalS$'000 | 5,576 | – | – | – | – | 5,576 | – | 5,576 | PDF p. 85 |
| Share issuance expensesS$'000 | (54) | – | – | – | – | (54) | – | (54) | PDF p. 85 |
| Expiry of warrantsS$'000 | 96 | – | – | (96) | – | – | – | – | PDF p. 85 |
| Total transactions with owners, recognised directly in equityS$'000 | 5,618 | – | – | (96) | – | 5,522 | – | 5,522 | PDF p. 85 |
| At 31 December 2025S$'000 | 93,248 | (3,557) | (216) | 133 | (88,584) | 1,024 | (856) | 168 | PDF p. 85 |
Definitions & sources
Original report: PDF p. 85 ↗
Page is rotated; labels wrap across lines. Rows for total comprehensive income and total transactions quoted from the continuation line. Non-controlling interests shown as a column. Balance sheet shows other reserves (83) = currency translation (216) + warrant reserve 133.
Consolidated Statement of Changes in Equity - year ended 31 December 2024
12 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group, S$'000: Share Capital | 2024Group, S$'000: Settlement shares and warrants receivables | 2024Group, S$'000: Share options reserve | 2024Group, S$'000: Currency translation reserve | 2024Group, S$'000: Warrant reserve | 2024Group, S$'000: Accumulated losses | 2024Group, S$'000: Total attributable to equity holders | 2024Group, S$'000: Non-controlling interests | 2024Group, S$'000: Total (capital deficiency)/equity | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Group | ||||||||||
| At 1 January 2024S$'000 | 84,402 | (3,557) | 25 | (2) | 2,998 | (83,733) | 133 | (44) | 89 | PDF p. 86 |
| Net loss for the financial yearS$'000 | – | – | – | – | – | (4,922) | (4,922) | (886) | (5,808) | PDF p. 86 |
| Other comprehensive loss for the financial yearS$'000 | – | – | – | (135) | – | – | (135) | – | (135) | PDF p. 86 |
| Total comprehensive loss for the financial yearS$'000 | – | – | – | (135) | – | (4,922) | (5,057) | (886) | (5,943) | PDF p. 86 |
| Issuance of share capitalS$'000 | 783 | – | – | – | – | – | 783 | – | 783 | PDF p. 86 |
| Share issuance expensesS$'000 | (324) | – | – | – | – | – | (324) | – | (324) | PDF p. 86 |
| Capital contribution from non-controlling interestS$'000 | – | – | – | – | – | – | – | 53 | 53 | PDF p. 86 |
| Fair value adjustment of warrantsS$'000 | (133) | – | – | – | 133 | – | – | – | – | PDF p. 86 |
| Expiry of share optionsS$'000 | – | – | (25) | – | – | 25 | – | – | – | PDF p. 86 |
| Expiry of warrantsS$'000 | 2,902 | – | – | – | (2,902) | – | – | – | – | PDF p. 86 |
| Total transactions with owners, recognised directly in equityS$'000 | 3,228 | – | (25) | – | (2,769) | 25 | 459 | 53 | 511 | PDF p. 86 |
| At 31 December 2024S$'000 | 87,630 | (3,557) | – | (137) | 229 | (88,630) | (4,465) | (877) | (5,342) | PDF p. 86 |
Definitions & sources
Original report: PDF p. 86 ↗
Page is rotated; labels wrap across lines. Some quotes are from continuation lines of wrapped rows.
Profit/(Loss) per share (Note 12)
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group 2025 | 2024Group 2024 | Source |
|---|---|---|---|
| Basic profit/(loss) per share | |||
| Net profit/(loss) attributable to equity holders of the Company (S$’000)S$’000 | 46 | (4,922) | PDF p. 115 |
| Adjusted weighted average number of ordinary shares outstanding for basic profit/(loss) per share (’000)(1)’000 shares | 867,179 | 615,567 | PDF p. 115 |
| Basic profit/(loss) per share (cents per share)(2)cents per share | 0.005 | (0.800) | PDF p. 115 |
Definitions & sources
Original report: PDF p. 115 ↗
* As the exercise price of the warrant was above the average market price of the Company’s share, dilutive potential share from warrants are anti-dilutive and no change is made to the diluted profit per share.
# As loss was recorded, the dilutive potential shares from share options and warrants are anti-dilutive and no change is made to the diluted loss per share.
(1) Included the effects of the completion of the share consolidation of 50 existing shares registered in the name of each shareholder into one (1) Consolidated Share on 16 January 2024 as per the requirements of SFRS(I) 1-33, Earnings per Share, Paragraph 64.
(2) The calculation of basis and diluted loss per share have been adjusted restrospectively to reflect the changes in the number of Company’s shares due to the share consolidation as disclosed above in accordance with the requirements of SFRS(I) 1-33, Earnings per Share, Paragraph 64.
Where the money comes from
Segment information
By business
Segment information – income statement items by business segment (Note 30) 10 lines
| Item / unit | 2025Aesthetic medical and healthcare | 2024Aesthetic medical and healthcare | 2025Trading and distribution | 2024Trading and distribution | 2025Investment and others | 2024Investment and others | 2025Total | 2024Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Segment revenue | |||||||||
| – External partiesS$'000 | 9,402 | 5,889 | – | – | – | – | 9,402 | 5,889 | PDF p. 155 |
| Segment results | |||||||||
| Gross profitS$'000 | 5,279 | 3,067 | – | – | – | – | 5,279 | 3,067 | PDF p. 155 |
| Other incomeS$'000 | 516 | 336 | 2 | 2 | 3 | 128 | 521 | 466 | PDF p. 155 |
| Other losses, netS$'000 | (120) | (3,498) | – | – | – | – | (120) | (3,498) | PDF p. 155 |
| Expenses | |||||||||
| – DistributionS$'000 | (1,181) | (129) | – | (18) | – | – | (1,181) | (147) | PDF p. 155 |
| – AdministrativeS$'000 | (3,090) | (4,426) | (6) | (27) | (1,224) | (1,161) | (4,320) | (5,614) | PDF p. 155 |
| – FinanceS$'000 | (64) | (111) | – | – | (48) | (44) | (112) | (155) | PDF p. 155 |
| Segment results | |||||||||
| Profit/(Loss) beforeS$'000 | 1,340 | (4,761) | (4) | (43) | (1,269) | (1,077) | 67 | (5,881) | PDF p. 155 |
| Income tax creditS$'000 | – | 73 | – | – | – | – | – | 73 | PDF p. 155 |
| Net profit/(loss) forS$'000 | 1,340 | (4,688) | (4) | (43) | (1,269) | (1,077) | 67 | (5,808) | PDF p. 155 |
Notes
Row labels wrap: 'Profit/(Loss) before income tax' and 'Net profit/(loss) for the financial year'; quotes are the printed value lines.
Segment performance is evaluated based on operating profit or loss. Segment loss, segment assets and segment liabilities presented to the Board are measured consistently with the financial statements. All items are allocated to respective reportable segments.
Segment information – other information, assets and liabilities by business segment (Note 30) 7 lines
| Item / unit | 2025Aesthetic medical and healthcare | 2024Aesthetic medical and healthcare | 2025Trading and distribution | 2024Trading and distribution | 2025Investment and others | 2024Investment and others | 2025Total | 2024Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Other information – Depreciation of property, plant and equipment | |||||||||
| (Note 18)S$'000 | 484 | 1,146 | – | – | 77 | 5 | 561 | 1,151 | PDF p. 156 |
| Other information – Amortisation of intangible assets | |||||||||
| assets (Note 21)S$'000 | – | 37 | – | – | – | – | – | 37 | PDF p. 156 |
| Other information – Interest expense of borrowings | |||||||||
| borrowings (Note 10)S$'000 | 5 | 23 | – | – | 43 | 37 | 48 | 60 | PDF p. 156 |
| Other information – Interest expense of leases | |||||||||
| leases (Note 10)S$'000 | 59 | 89 | – | – | 5 | 6 | 64 | 95 | PDF p. 156 |
| Additions to: Property, plant and equipment | |||||||||
| equipment (Note 18)S$'000 | 294 | 996 | – | – | 297 | 1 | 591 | 997 | PDF p. 156 |
| Assets and liabilities – Segment and consolidated | |||||||||
| total assetsS$'000 | 4,939 | 2,238 | 1 | 1 | 759 | 803 | 5,699 | 3,042 | PDF p. 156 |
| total liabilitiesS$'000 | 3,690 | 5,140 | 6 | 4 | 1,835 | 3,240 | 5,531 | 8,384 | PDF p. 156 |
Notes
Consolidated total assets/liabilities rows print only the Total column (2025, 2024): values listed are Total 2025 and Total 2024.
Row labels wrap across lines; original_label is the line carrying the values, with the leading label in the section field.
The segment loss, segment assets and segment liabilities presented to the Board of Directors are measured in a manner consistent with that of the financial statements. All items are allocated to respective reportable segments.
By geography
Geographical information – Revenue (Note 30(c)) 1 lines
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Revenue | |||
| – MalaysiaS$'000 | 9,402 | 5,889 | PDF p. 157 |
Notes
Only Malaysia revenue is printed; no Singapore revenue row is disclosed.
Geographical information – Non-current assets (Note 30(c)) 3 lines
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Non-current assets | |||
| SingaporeS$'000 | 283 | 62 | PDF p. 157 |
| MalaysiaS$'000 | 969 | 1,164 | PDF p. 157 |
| Total non-current assets (unlabelled subtotal)S$'000 | 1,252 | 1,226 | PDF p. 157 |
Notes
The total row is printed without a label.
Debt
Borrowings
Contractual undiscounted maturity - Group
| Item / unit | 2025less than 1 year | 2025between 2 and 5 years | 2025more than 5 years | 2024less than 1 year | 2024between 2 and 5 years | 2024more than 5 years | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| Lease liabilitiesS$'000 | 342 | 667 | – | 514 | 704 | – | PDF p. 149 |
| Borrowings (excluding lease liabilities)S$'000 | 9 | 415 | – | 658 | 6 | – | PDF p. 149 |
Notes
Contractual undiscounted cash flows; balances due within 12 months equal their carrying amounts as the impact of discounting is not significant.
Contractual undiscounted cash flows.
Contractual undiscounted maturity - Company
| Item / unit | 2025less than 1 year | 2025between 2 and 5 years | 2025more than 5 years | 2024less than 1 year | 2024between 2 and 5 years | 2024more than 5 years | Source |
|---|---|---|---|---|---|---|---|
| Company | |||||||
| Lease liabilitiesS$'000 | 66 | 214 | – | 65 | – | – | PDF p. 149 |
| Borrowings (excluding lease liabilities)S$'000 | 466 | 415 | – | 1,090 | – | – | PDF p. 149 |
Notes
Contractual undiscounted cash flows.
Borrowing notes 2 tables
Lease liabilities and Borrowings
| Item / unit | 2025Group, S$'000 | 2024Group, S$'000 | 2025Company, S$'000 | 2024Company, S$'000 | Source |
|---|---|---|---|---|---|
| (a) Lease liabilities | |||||
| Current (lease liabilities)S$'000 | 342 | 514 | 66 | 65 | PDF p. 134 |
| Non-current (lease liabilities)S$'000 | 667 | 704 | 214 | – | PDF p. 134 |
| (b) Borrowings - Current (unsecured, interest-free, from subsidiary) | |||||
| – Loan 1S$'000 | – | – | 466 | 470 | PDF p. 134 |
| (b) Borrowings - Current (unsecured, 8.00% p.a., from Deputy Chairman and CEO) | |||||
| – Loan 2S$'000 | – | 620 | – | 620 | PDF p. 134 |
| (b) Borrowings - Current (CIMB Bank, secured by directors' personal guarantees, 3.5% p.a.) | |||||
| – Loan 3S$'000 | 9 | 38 | – | – | PDF p. 134 |
| (b) Borrowings - Current | |||||
| 9 658 466 1,090 (total current borrowings)S$'000 | 9 | 658 | 466 | 1,090 | PDF p. 134 |
| (b) Borrowings - Non-current | |||||
| – Loan 2S$'000 | 415 | – | 415 | – | PDF p. 134 |
| – Loan 3S$'000 | – | 6 | – | – | PDF p. 134 |
| 415 6 415 – (total non-current borrowings)S$'000 | 415 | 6 | 415 | – | PDF p. 134 |
| (b) Borrowings | |||||
| TotalS$'000 | 424 | 664 | 881 | 1,090 | PDF p. 134 |
Notes
(i) Loan 1 is from a wholly owned subsidiary of the Company, Albedo Corporation Pte Ltd, and is unsecured and interest-free with no fixed repayment terms.
(ii) Loan 2 is from Dato’ Ng Tian Sang @ Ng Kek Chuan who is the Deputy Chairman and CEO of the Company and a substantial shareholder of the Company. The loan, which bears interest rate of 8.00% per annum, is unsecured and not repayable within the next 12 months.
(iii) Loan 3 is from CIMB Bank Berhad. The CIMB Bank loan is procured in April 2020 for BBSB operations. The loan facility is secured by personal guarantees by certain directors of the Company. The loan bears an interest rate of 3.5% per annum at Bank Negara Malaysia Funding Rate under Special Relief Facility calculated on a daily rest basis.
Subtotal rows have no printed label; original_label is a descriptor.
Interest rate profile - Fixed rate financial liabilities
| Item / unit | 2025S$'000 | 2024S$'000 | Source |
|---|---|---|---|
| Fixed rate instruments - Financial liabilities | |||
| Term loanS$'000 | 9 | 44 | PDF p. 145 |
Notes
The Group and the Company are not exposed to significant changes in interest rates for the borrowings at fixed and floating interest rates.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Deviation from Provision 11.6 of the Code | The Company does not have a fixed dividend policy. The form, frequency and amounts of dividends will depend on the Company’s earnings, general financial condition, results of operations, capital requirements, cash flow, general business condition, development plans and other factors as the Directors may deem appropriate. | Company, FY2025 | PDF p. 68 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividends for FY2025 | The Board is not recommending any dividends for FY2025 due to the financial position of the Company. | Company, FY2025 | PDF p. 68 |
Extracted from BEVERLY WILSHIRE LTD. ANNUAL REPORT 2025 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 | UHY Lee Seng Chan & Co | FY2025 independent auditor's report | PDF p. 82 |
| Engagement partner | Mr. Lee Sen Choon | FY2025 independent auditor's report | PDF p. 82 |
| Disclaimer of Opinion | We do not express an opinion on the accompanying consolidated financial statements of the Group and the statement of financial position of the Company. | Group and Company, FY ended 31 December 2025 | PDF p. 79 |
| 1. Opening balances | we are unable to determine whether the opening balances as at 1 January 2025 are fairly stated. | Basis for Disclaimer of Opinion, FY2025 | PDF p. 79 |
| 2. Appropriateness of going concern assumption | we are unable to obtain sufficient appropriate audit evidence to conclude whether the use of going concern assumption to prepare the consolidated financial statements of the Group and the statement of financial position of the Company is appropriate | Basis for Disclaimer of Opinion, FY2025 | PDF p. 80 |
| 3. Impairment assessment of property, plant and equipment, intangible assets and investments in subsidiaries | we are unable to obtain sufficient appropriate audit evidence to conclude on the appropriateness of certain key assumptions used by management in preparing the discounted cash flow projections | Basis for Disclaimer of Opinion, FY2025 | PDF p. 81 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Appropriateness of going concern assumption | These factors indicate the existence of a material uncertainty which may cast significant doubt about the Group’s and the Company’s abilities to continue as a going concern. | Group and Company, FY2025 | PDF p. 80 |
| 4. Going concern | The Board of Directors believes that the use of the going concern assumption in preparing the consolidated financial statements of the Group and the statement of financial position of the Company for the financial year ended 31 December 2025 is appropriate | Note 4 to the financial statements, FY2025 | PDF p. 111 |
Extracted from BEVERLY WILSHIRE LTD. ANNUAL REPORT 2025 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 BEVERLY WILSHIRE LTD. ANNUAL REPORT 2025, 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.