TheHourGlass AGS

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Financials

The Hour Glass Limited Annual Report 2026

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15 tables

Consolidated Income Statement

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Consolidated Income Statement from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	Source
Consolidated Income Statement
RevenueSGD thousand	1,338,223	1,162,874	PDF p. 78
Other incomeSGD thousand	14,927	15,823	PDF p. 78
Revenue and other incomeSGD thousand	1,353,150	1,178,697	PDF p. 78
Cost of goods soldSGD thousand	931,461	803,162	PDF p. 78
Employee benefits expenseSGD thousand	79,975	72,969	PDF p. 78
Selling and promotion expensesSGD thousand	40,660	40,708	PDF p. 78
Depreciation of property, plant and equipmentSGD thousand	17,354	15,735	PDF p. 78
Depreciation of right-of-use assetsSGD thousand	35,267	32,327	PDF p. 78
Rental expensesSGD thousand	11,765	6,419	PDF p. 78
Finance costsSGD thousand	9,358	7,464	PDF p. 78
Foreign exchange lossSGD thousand	1,342	2,214	PDF p. 78
Other expensesSGD thousand	27,373	27,938	PDF p. 78
Costs and expensesSGD thousand	(1,154,555)	(1,008,936)	PDF p. 78
Fair value gain/(loss) on investment propertiesSGD thousand	20,255	(6,454)	PDF p. 78
Share of results of associatesSGD thousand	15,644	12,125	PDF p. 78
Profit before taxationSGD thousand	234,494	175,432	PDF p. 78
Income tax expenseSGD thousand	(55,032)	(39,349)	PDF p. 78
Profit for the yearSGD thousand	179,462	136,083	PDF p. 78
Owners of the Company — profitSGD thousand	179,427	135,811	PDF p. 78
Non-controlling interests — profitSGD thousand	35	272	PDF p. 78
Total attributed profitSGD thousand	179,462	136,083	PDF p. 78

Definitions & sources

Original report: PDF p. 78 ↗

Consolidated Comprehensive Income

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Consolidated Comprehensive Income from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	Source
Consolidated Comprehensive Income
Profit for the yearSGD thousand	179,462	136,083	PDF p. 79
Foreign currency translationSGD thousand	14,892	(2,163)	PDF p. 79
Share of other comprehensive income of associatesSGD thousand	102	15	PDF p. 79
Other comprehensive income for the year, net of taxSGD thousand	14,994	(2,148)	PDF p. 79
Total comprehensive incomeSGD thousand	194,456	133,935	PDF p. 79
Owners of the Company — comprehensive incomeSGD thousand	195,011	133,635	PDF p. 79
Non-controlling interests — comprehensive incomeSGD thousand	(555)	300	PDF p. 79
Total attributed comprehensive incomeSGD thousand	194,456	133,935	PDF p. 79

Definitions & sources

Original report: PDF p. 79 ↗

Earnings per share

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Earnings per share from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	Source
Earnings per share
Basic and diluted earnings per shareSGD cents	27.79	20.94	PDF p. 78

Definitions & sources

Original report: PDF p. 78 ↗

Statements of Financial Position

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Statements of Financial Position from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	2026Company	2025Company	Source
Statements of Financial Position
Assets Non-current assets Property, plant and equipmentSGD thousand	247,389	205,649	13,613	12,254	PDF p. 80
Right-of-use assetsSGD thousand	198,274	90,732	44,793	51,790	PDF p. 80
Investment propertiesSGD thousand	225,230	217,029	72,957	73,009	PDF p. 80
Intangible assetsSGD thousand	99,887	6,895	2,024	3,090	PDF p. 80
Investment in subsidiariesSGD thousand	–	–	241,456	185,201	PDF p. 80
Investment in associatesSGD thousand	107,139	97,737	–	–	PDF p. 80
Other receivablesSGD thousand	9,712	10,588	4,284	4,850	PDF p. 80
Deferred tax assetsSGD thousand	1,802	1,060	143	–	PDF p. 80
Total non-current assetsSGD thousand	889,433	629,690	379,270	330,194	PDF p. 80
Current assets InventoriesSGD thousand	362,189	328,305	214,609	209,795	PDF p. 80
Trade and other receivablesSGD thousand	28,871	31,815	14,938	15,962	PDF p. 80
Prepaid operating expensesSGD thousand	3,512	3,212	764	759	PDF p. 80
Amounts due from associatesSGD thousand	503	484	395	349	PDF p. 80
Amounts due from subsidiariesSGD thousand	–	–	10,245	9,238	PDF p. 80
Cash and bank balancesSGD thousand	157,526	178,689	28,326	50,018	PDF p. 80
Current assets excluding asset held for saleSGD thousand	552,601	542,505	269,277	286,121	PDF p. 80
Asset held for saleSGD thousand	–	6,998	–	–	PDF p. 80
Total current assetsSGD thousand	552,601	549,503	269,277	286,121	PDF p. 80
Total assetsSGD thousand	1,442,034	1,179,193	648,547	616,315	PDF p. 80
Equity and liabilities Current liabilities Loans and borrowingsSGD thousand	–	54,811	–	–	PDF p. 80
Trade and other payablesSGD thousand	88,230	58,916	27,114	24,868	PDF p. 80
Amounts due to subsidiariesSGD thousand	–	–	3,191	3,396	PDF p. 80
Lease liabilitiesSGD thousand	30,987	27,787	15,803	16,881	PDF p. 80
Income tax payableSGD thousand	25,116	16,131	12,314	11,323	PDF p. 80
Total current liabilitiesSGD thousand	144,333	157,645	58,422	56,468	PDF p. 80
Net current assetsSGD thousand	408,268	391,858	210,855	229,653	PDF p. 80
Non-current liabilities Lease liabilitiesSGD thousand	178,361	69,217	31,319	37,098	PDF p. 80
Deferred tax liabilitiesSGD thousand	35,430	10,692	–	162	PDF p. 80
Other payablesSGD thousand	778	814	82	154	PDF p. 80
Total non-current liabilitiesSGD thousand	214,569	80,723	31,401	37,414	PDF p. 80
Total liabilitiesSGD thousand	358,902	238,368	89,823	93,882	PDF p. 80
Net assetsSGD thousand	1,083,132	940,825	558,724	522,433	PDF p. 80
Equity attributable to owners of the Company Share capitalSGD thousand	67,638	67,638	67,638	67,638	PDF p. 80
Treasury sharesSGD thousand	(9,086)	(108,216)	(9,086)	(108,216)	PDF p. 80
ReservesSGD thousand	1,011,166	967,254	500,172	563,011	PDF p. 80
Equity attributable to ownersSGD thousand	1,069,718	926,676	558,724	522,433	PDF p. 80
Non-controlling interestsSGD thousand	13,414	14,149	–	–	PDF p. 80
Total equitySGD thousand	1,083,132	940,825	558,724	522,433	PDF p. 80
Total equity and liabilitiesSGD thousand	1,442,034	1,179,193	648,547	616,315	PDF p. 80

Definitions & sources

Original report: PDF p. 80 ↗

Consolidated Cash Flows

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Consolidated Cash Flows from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	Source
Consolidated Cash Flows
Profit before taxationSGD thousand	234,494	175,432	PDF p. 84
Adjustments for: Finance costsSGD thousand	9,358	7,464	PDF p. 84
Interest incomeSGD thousand	(1,666)	(3,631)	PDF p. 84
Depreciation of property, plant and equipmentSGD thousand	17,354	15,735	PDF p. 84
Depreciation of right-of-use assetsSGD thousand	35,267	32,327	PDF p. 84
Amortisation of intangible assetsSGD thousand	1,700	1,348	PDF p. 84
Amortisation of deferred incomeSGD thousand	(246)	(255)	PDF p. 84
Foreign currency translation adjustmentSGD thousand	3,370	(295)	PDF p. 84
Net loss on disposal of property, plant and equipmentSGD thousand	357	1,010	PDF p. 84
Fair value (gain)/loss on investment propertiesSGD thousand	(20,255)	6,454	PDF p. 84
Gain on disposal of asset held for saleSGD thousand	(510)	–	PDF p. 84
Gain on disposal of investment securitySGD thousand	(500)	–	PDF p. 84
Share of results of associatesSGD thousand	(15,644)	(12,125)	PDF p. 84
Operating cash flows before changes in working capitalSGD thousand	263,079	223,464	PDF p. 84
Increase in inventoriesSGD thousand	(30,318)	(13,366)	PDF p. 84
Decrease/(increase) in trade and other receivablesSGD thousand	4,479	(852)	PDF p. 84
Increase in prepaid operating expensesSGD thousand	(182)	(1,409)	PDF p. 84
Increase in amounts due from associatesSGD thousand	(19)	(289)	PDF p. 84
Increase/(decrease) in trade and other payablesSGD thousand	27,583	(3,573)	PDF p. 84
Decrease in amounts due to associatesSGD thousand	–	(105)	PDF p. 84
Cash flows from operationsSGD thousand	264,622	203,870	PDF p. 84
Income taxes paidSGD thousand	(43,726)	(42,256)	PDF p. 84
Interest paidSGD thousand	(2,663)	(3,910)	PDF p. 84
Interest receivedSGD thousand	1,666	3,631	PDF p. 84
Net cash flows from operating activitiesSGD thousand	219,899	161,335	PDF p. 84
Investing activities Acquisition of a subsidiary, net of cash acquiredSGD thousand	(75,331)	–	PDF p. 84
Payments for purchase of property, plant and equipmentSGD thousand	(31,245)	(26,372)	PDF p. 84
Additions to intangible assetsSGD thousand	(542)	(1,518)	PDF p. 84
Additions to/payments for purchase of investment propertiesSGD thousand	(43)	(80,312)	PDF p. 84
Proceeds from disposal of asset held for saleSGD thousand	7,508	–	PDF p. 84
Proceeds from disposal of investment securitySGD thousand	500	–	PDF p. 84
Proceeds from disposal of property, plant and equipmentSGD thousand	104	369	PDF p. 84
Dividend received from an associateSGD thousand	5,132	2,952	PDF p. 84
Increase in fixed deposits with maturity of more than 3 monthsSGD thousand	(9,903)	(108)	PDF p. 84
Net cash flows used in investing activitiesSGD thousand	(103,820)	(104,989)	PDF p. 84
Financing activities Proceeds from loans and borrowingsSGD thousand	40,000	10,000	PDF p. 84
Repayment of loans and borrowingsSGD thousand	(96,666)	(36,677)	PDF p. 84
Payment of lease liabilities (including interest paid)SGD thousand	(36,609)	(33,854)	PDF p. 84
Dividends paid to non-controlling interestsSGD thousand	(180)	(180)	PDF p. 84
Dividends paid on ordinary sharesSGD thousand	(38,780)	(51,848)	PDF p. 84
Purchase of treasury sharesSGD thousand	(13,189)	(3,515)	PDF p. 84
Net cash flows used in financing activitiesSGD thousand	(145,424)	(116,074)	PDF p. 84
Net decrease in cash and cash equivalentsSGD thousand	(29,345)	(59,728)	PDF p. 84
Effect of exchange rate changes on cash and cash equivalentsSGD thousand	(2,333)	190	PDF p. 84
Cash and cash equivalents at 1 AprilSGD thousand	169,404	228,942	PDF p. 84
Cash and cash equivalents at 31 MarchSGD thousand	137,726	169,404	PDF p. 84

Definitions & sources

Original report: PDF p. 84 ↗

Group Equity Movements 2025

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Group Equity Movements 2025 from The Hour Glass Limited Annual Report 2026
Metric / unit	2025GroupShare capital	2025GroupTreasury shares	2025GroupForeign currency translation reserve	2025GroupCapital reserve	2025GroupAsset revaluation reserve	2025GroupRevenue reserve	2025GroupAttributable to owners	2025GroupNon-controlling interests	2025GroupTotal equity	Source
Group equity movements
Balance at 1 April 2024SGD thousand	67,638	(104,701)	(62,695)	(142)	3,448	944,856	848,404	14,029	862,433	PDF p. 81
Profit for the yearSGD thousand	–	–	–	–	–	135,811	135,811	272	136,083	PDF p. 81
Other comprehensive income: Foreign currency translationSGD thousand	–	–	(2,191)	–	–	–	(2,191)	28	(2,163)	PDF p. 81
Share of other comprehensive income of associatesSGD thousand	–	–	15	–	–	–	15	–	15	PDF p. 81
Total other comprehensive incomeSGD thousand	–	–	(2,176)	–	–	–	(2,176)	28	(2,148)	PDF p. 81
Total comprehensive incomeSGD thousand	–	–	(2,176)	–	–	135,811	133,635	300	133,935	PDF p. 81
Contributions by and distributions to owners Purchase of treasury shares (Note 28(b))SGD thousand	–	(3,515)	–	–	–	–	(3,515)	–	(3,515)	PDF p. 81
Dividends on ordinary shares (Note 10)SGD thousand	–	–	–	–	–	(51,848)	(51,848)	–	(51,848)	PDF p. 81
Dividends paid to non-controlling interestsSGD thousand	–	–	–	–	–	–	–	(180)	(180)	PDF p. 81
Total transactions with owners in their capacity as ownersSGD thousand	–	(3,515)	–	–	–	(51,848)	(55,363)	(180)	(55,543)	PDF p. 81
Balance at 31 March 2025SGD thousand	67,638	(108,216)	(64,871)	(142)	3,448	1,028,819	926,676	14,149	940,825	PDF p. 81

Definitions & sources

Original report: PDF p. 81 ↗

Group Equity Movements 2026

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Group Equity Movements 2026 from The Hour Glass Limited Annual Report 2026
Metric / unit	2026GroupShare capital	2026GroupTreasury shares	2026GroupForeign currency translation reserve	2026GroupCapital reserve	2026GroupAsset revaluation reserve	2026GroupRevenue reserve	2026GroupAttributable to owners	2026GroupNon-controlling interests	2026GroupTotal equity	Source
Group equity movements
Balance at 1 April 2025SGD thousand	67,638	(108,216)	(64,871)	(142)	3,448	1,028,819	926,676	14,149	940,825	PDF p. 82
Profit for the yearSGD thousand	–	–	–	–	–	179,427	179,427	35	179,462	PDF p. 82
Other comprehensive income: Foreign currency translationSGD thousand	–	–	15,482	–	–	–	15,482	(590)	14,892	PDF p. 82
Share of other comprehensive income of associatesSGD thousand	–	–	102	–	–	–	102	–	102	PDF p. 82
Total other comprehensive incomeSGD thousand	–	–	15,584	–	–	–	15,584	(590)	14,994	PDF p. 82
Total comprehensive incomeSGD thousand	–	–	15,584	–	–	179,427	195,011	(555)	194,456	PDF p. 82
Contributions by and distributions to owners Purchase of treasury shares (Note 28(b))SGD thousand	–	(13,189)	–	–	–	–	(13,189)	–	(13,189)	PDF p. 82
Cancellation of treasury shares (Note 28(b))SGD thousand	–	112,319	–	–	–	(112,319)	–	–	–	PDF p. 82
Dividends on ordinary shares (Note 10)SGD thousand	–	–	–	–	–	(38,780)	(38,780)	–	(38,780)	PDF p. 82
Dividends paid to non-controlling interestsSGD thousand	–	–	–	–	–	–	–	(180)	(180)	PDF p. 82
Total transactions with owners in their capacity as ownersSGD thousand	–	99,130	–	–	–	(151,099)	(51,969)	(180)	(52,149)	PDF p. 82
Balance at 31 March 2026SGD thousand	67,638	(9,086)	(49,287)	(142)	3,448	1,057,147	1,069,718	13,414	1,083,132	PDF p. 82

Definitions & sources

Original report: PDF p. 82 ↗

Company Equity Movements 2025

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Company Equity Movements 2025 from The Hour Glass Limited Annual Report 2026
Metric / unit	2025CompanyShare capital	2025CompanyTreasury shares	2025CompanyRevenue reserve	2025CompanyTotal equity	Source
Company equity movements
Balance at 1 April 2024SGD thousand	67,638	(104,701)	519,878	482,815	PDF p. 83
Profit for the year, representing total comprehensive incomeSGD thousand	–	–	94,981	94,981	PDF p. 83
Contributions by and distributions to owners Purchase of treasury shares (Note 28(b))SGD thousand	–	(3,515)	–	(3,515)	PDF p. 83
Dividends on ordinary shares (Note 10)SGD thousand	–	–	(51,848)	(51,848)	PDF p. 83
Total transactions with owners in their capacity as ownersSGD thousand	–	(3,515)	(51,848)	(55,363)	PDF p. 83
Balance at 31 March 2025 and 1 April 2025SGD thousand	67,638	(108,216)	563,011	522,433	PDF p. 83

Definitions & sources

Original report: PDF p. 83 ↗

Company Equity Movements 2026

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Company Equity Movements 2026 from The Hour Glass Limited Annual Report 2026
Metric / unit	2026CompanyShare capital	2026CompanyTreasury shares	2026CompanyRevenue reserve	2026CompanyTotal equity	Source
Company equity movements
Balance at 31 March 2025 and 1 April 2025SGD thousand	67,638	(108,216)	563,011	522,433	PDF p. 83
Profit for the year, representing total comprehensive incomeSGD thousand	–	–	88,260	88,260	PDF p. 83
Contributions by and distributions to owners Purchase of treasury shares (Note 28(b))SGD thousand	–	(13,189)	–	(13,189)	PDF p. 83
Cancellation of treasury shares (Note 28(b))SGD thousand	–	112,319	(112,319)	–	PDF p. 83
Dividends on ordinary shares (Note 10)SGD thousand	–	–	(38,780)	(38,780)	PDF p. 83
Total transactions with owners in their capacity as ownersSGD thousand	–	99,130	(151,099)	(51,969)	PDF p. 83
Balance at 31 March 2026SGD thousand	67,638	(9,086)	500,172	558,724	PDF p. 83

Definitions & sources

Original report: PDF p. 83 ↗

Five-year financial highlights

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Five-year financial highlights from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	2024Group	2023Group	2022Group	Source
Five-year financial highlights
RevenueSGD thousand	1,338,223	1,162,874	1,129,700	1,122,941	1,033,404	PDF p. 12
Profit before taxationSGD thousand	234,494	175,432	204,621	219,608	204,513	PDF p. 12
Profit after taxSGD thousand	179,462	136,083	157,584	174,215	157,012	PDF p. 12
Net asset value — attributable to ownersSGD thousand	1,069,718	926,676	848,404	774,033	751,599	PDF p. 12
InventoriesSGD thousand	362,189	328,305	314,085	283,538	254,126	PDF p. 12
Cash and bank balancesSGD thousand	157,526	178,689	237,573	244,553	323,360	PDF p. 12
Loans and borrowingsSGD thousand	–	54,811	83,868	93,814	111,037	PDF p. 12
Gross marginPercent	30.4	30.9	32.2	33.6	32.7	PDF p. 12
Net marginPercent	13.4	11.7	13.9	15.5	15.2	PDF p. 12
Inventory turnover ratioTimes	2.6	2.4	2.4	2.6	2.7	PDF p. 12
Debt / equity ratioPercent	–	5.9	9.9	12.1	14.8	PDF p. 12
Earnings per shareSGD cents	27.79	20.94	23.87	25.91	22.34	PDF p. 12
Net asset value per ordinary shareSGD per share	1.67	1.43	1.31	1.18	1.10	PDF p. 12
Dividend per ordinary shareSGD cents	6.00	6.00	8.00	8.00	8.00	PDF p. 12

Definitions & sources

Original report: PDF p. 12 ↗

Cash composition and cash flow reconciliation

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Cash composition and cash flow reconciliation from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	2026Company	2025Company	Source
Cash composition and cash flow reconciliation
Cash at bank and on handSGD thousand	97,906	125,085	28,326	50,018	PDF p. 124
Fixed deposits with banksSGD thousand	59,620	53,604	–	–	PDF p. 124
Cash and bank balancesSGD thousand	157,526	178,689	28,326	50,018	PDF p. 124
Less: fixed deposits with maturity of more than3monthsSGD thousand	(19,800)	(9,285)	–	–	PDF p. 124
Cash and cash equivalentsSGD thousand	137,726	169,404	28,326	50,018	PDF p. 124

Definitions & sources

Original report: PDF p. 124 ↗

Cash balances denominated in currencies different from functional currency

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Cash balances denominated in currencies different from functional currency from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	2026Company	2025Company	Source
Cash balances denominated in currencies different from functional currency
Swiss FrancSGD thousand	2,060	1,842	689	261	PDF p. 124
Singapore DollarSGD thousand	12,543	5,043	–	–	PDF p. 124
United States DollarSGD thousand	8,999	9,048	1,311	1,710	PDF p. 124
OthersSGD thousand	119	403	98	100	PDF p. 124

Definitions & sources

Original report: PDF p. 124 ↗

Dividends declared and paid during the financial year

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Dividends declared and paid during the financial year from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group and Company	2025Group and Company	Source
Dividends declared and paid during the financial year
Final dividend for preceding financial yearSGD thousand	25,875	38,886	PDF p. 104
Interim dividend for current financial yearSGD thousand	12,905	12,962	PDF p. 104
Total ordinary dividends declared and paidSGD thousand	38,780	51,848	PDF p. 104

Definitions & sources

Original report: PDF p. 104 ↗

Earnings per share calculation inputs

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Earnings per share calculation inputs from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	Source
Earnings per share calculation inputs
Profit attributable to owners of the CompanySGD thousand	179,427	135,811	PDF p. 104
Weighted average ordinary shares, basic and dilutedThousand shares	645,683	648,516	PDF p. 104

Definitions & sources

Original report: PDF p. 104 ↗

Secured bank loans

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Secured bank loans from The Hour Glass Limited Annual Report 2026
Metric / unit	2026Group	2025Group	Source
Secured bank loans
Secured bank loansSGD thousand	–	54,811	PDF p. 125

Definitions & sources

Original report: PDF p. 125 ↗

Debt

Borrowings

Maturity profile of financial liabilities - Group 2026 (contractual undiscounted)

Maturity profile of financial liabilities - Group 2026 (contractual undiscounted) — Group
Item / unit	2026One year or less	2026One to five years	2026More than five years	2026Total	Source
Financial liabilities 2026
Lease liabilities$'000	40,306	112,240	126,894	279,440	PDF p. 137

Notes

Based on contractual undiscounted repayment obligations. No loans and borrowings line in 2026.

Maturity profile of financial liabilities - Group 2025 (contractual undiscounted)

Maturity profile of financial liabilities - Group 2025 (contractual undiscounted) — Group
Item / unit	2025One year or less	2025One to five years	2025More than five years	2025Total	Source
Financial liabilities 2025
Loans and borrowings$'000	54,920	–	–	54,920	PDF p. 137
Lease liabilities$'000	31,242	62,986	13,481	107,709	PDF p. 137

Notes

Based on contractual undiscounted repayment obligations.

Borrowing notes 2 tables

Loans and borrowings

Loans and borrowings — Group
Item / unit	2026$'000	2025$'000	Source
Loans and borrowings
Secured bank loans$'000	–	54,811	PDF p. 125

Notes

Repaid secured loans of $54,811,000 outstanding at 31 March 2025. Interest rates ranging from 4.51% to 5.19% (2025: 5.14% to 5.42%) per annum.

Secured by first mortgages over certain freehold land and premises, investment properties and corporate guarantees by the Company; mortgages discharged during the year.

Secured loans denominated in Australian Dollar. Bank loans drawn of $40,000,000 (2025: $10,000,000) repaid within the year, denominated in Singapore Dollar.

$500,000,000 Multicurrency Medium Term Note Programme; no Note issued (2025: $Nil).

Reconciliation of liabilities from financing activities - Loans and borrowings

Reconciliation of liabilities from financing activities - Loans and borrowings
Item / unit	2025Opening balance 2025 (FY2026 reconciliation), $'000	2026Cash flows, 2026	2026Foreign exchange movement (non-cash), 2026	2026Closing balance 2026	Source
Reconciliation FY2026
Loans and borrowings$'000	54,811	(56,666)	1,855	–	PDF p. 125
Reconciliation FY2025 (opening 2024, cash flows 2025, FX 2025, closing 2025)
Loans and borrowings$'000	83,868	(26,677)	(2,380)	54,811	PDF p. 125

Notes

Second row columns: 2024 opening, 2025 cash flows, 2025 foreign exchange movement (non-cash), 2025 closing.

Payout

Dividends & distributions

Dividends declared and proposed

Item	Value	Period / scope	Source
Interim exempt (one-tier) dividend in respect of the year ended 31 March 2026	2.00 cents per share	Group and Company, FY ended 31 March 2026, interim exempt (one-tier), declared and paid during the year	PDF p. 104
Interim exempt (one-tier) dividend in respect of the year ended 31 March 2025	2.00 cents per share	Group and Company, comparative FY ended 31 March 2025, interim exempt (one-tier)	PDF p. 104
Final dividend recommended for year ended 31 March 2026	4.00 cents per share	Group and Company, FY ended 31 March 2026, proposed final, subject to shareholder approval at AGM on 21 July 2026 · As at 2026-05-22	PDF p. 104
Final exempt (one-tier) dividend in respect of the year ended 31 March 2025	4.00 cents per share	Group and Company, comparative FY ended 31 March 2025, final exempt (one-tier), paid in FY2026 (2024 final: 6.00 cents)	PDF p. 104

Payout

Item	Value	Period / scope	Source
Dividend per ordinary share (cents)	6.00 cents per share	FY2025 comparative total	PDF p. 12

Extracted from The Hour Glass Limited 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
Auditor	Ernst & Young LLP	Group	PDF p. 77
Engagement partner	Lim Tze Yuen	Group	PDF p. 77
Opinion	In our opinion, the accompanying consolidated financial statements of the Group, the statement of financial position and the statement of changes in equity of the Company are properly drawn up in accordance with the provisions of the Companies Act 1967 (the Act) and Singapore Financial Reporting Standards (International) (SFRS(I)) so as to give a true and fair view	Group and Company	PDF p. 72

Extracted from The Hour Glass Limited 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 The Hour Glass Limited Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

Individual operating expense rows are positive as originally printed, while costs and expenses subtotal is negative. Do not sum these with the same sign. FY2026 ended31March2026.

FY2026 cancellation of treasury shares112.319million increases treasury share balance and decreases revenue reserve equally, without cash flow or total-equity change. Purchase of treasury shares13.189million is a separate cash transaction.

Group profit attribution, non-controlling interests and Company profit are separately preserved. Company FY2026 opening balance is the shared FY2025closing/1April2025row.

FY2026 ended31March2026; comparisonFY2022–FY2026 are fiscal years, not calendar years. Net asset value highlight equals equity attributable to owners, excluding non-controlling interests.

EPS and dividend per share in SGD cents; NAV per ordinary share in SGD dollars; do not combine those units. FY2026 borrowings and debt/equity originaldash retained, not rewritten numericzero.

Foreign currency rows cover amounts denominated differently from functional currencies of Group companies, not all cash by currency. All amounts SGDthousand.

Group FY2026 balance-sheetcash157.526million lessfixeddepositsmaturityover3months19.800million equalscashflowcash137.726million; priorFY178.689less9.285=169.404million.

FY2026 paid dividends38.780million include preceding-year final25.875million and current-year interim12.905million. This differs in timing from fiscal-year DPS6cents including recommended final.

FinalFY2026 dividend4cents approximatelySGD25.615million was recommended22May2026 and subject to21July2026AGM approval at report snapshot; not included in FY2026 paid dividend or year-end liability.

Secured loans outstanding dash atFY2026 is retained. SGD40million borrowed and repaid withinFY2026; SGD500million MTNprogramme is capacity, no notes issued, not outstanding debt.

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