HL GLOBAL ENTERPRISES LIMITED ANNUAL REPORT
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipment$’000 | 14,424 | 14,517 | PDF p. 79 |
| Investment property$’000 | 1,421 | 1,437 | PDF p. 79 |
| Subsidiaries$’000 | – | – | PDF p. 79 |
| Associate$’000 | 49 | 48 | PDF p. 79 |
| Joint venture$’000 | 1 | 2 | PDF p. 79 |
| Other receivables$’000 | 104 | 89 | PDF p. 79 |
| Right-of-use assets$’000 | 302 | 359 | PDF p. 79 |
| Deferred tax asset$’000 | 443 | 408 | PDF p. 79 |
| Subtotal$’000 | 16,744 | 16,860 | PDF p. 79 |
| Current assets | |||
| Inventories$’000 | 85 | 69 | PDF p. 79 |
| Development properties$’000 | 3,319 | 3,110 | PDF p. 79 |
| Trade and other receivables$’000 | 874 | 1,033 | PDF p. 79 |
| Prepayment$’000 | 50 | 57 | PDF p. 79 |
| Cash and bank balances$’000 | 63,481 | 60,951 | PDF p. 79 |
| Subtotal$’000 | 67,809 | 65,220 | PDF p. 79 |
| Assets | |||
| Total assets$’000 | 84,553 | 82,080 | PDF p. 79 |
| Equity | |||
| Share capital$’000 | 129,793 | 129,793 | PDF p. 79 |
| Equity capital contributed by parent$’000 | 3,980 | 3,980 | PDF p. 79 |
| Reserves$’000 | (51,409) | (53,859) | PDF p. 79 |
| Total equity attributable to owners of the Company$’000 | 82,364 | 79,914 | PDF p. 79 |
| Non-current liabilities | |||
| Lease liabilities$’000 | 140 | 219 | PDF p. 79 |
| Deferred tax liabilities$’000 | 37 | 63 | PDF p. 79 |
| Subtotal$’000 | 177 | 282 | PDF p. 79 |
| Current liabilities | |||
| Trade and other payables$’000 | 1,689 | 1,613 | PDF p. 79 |
| Lease liabilities$’000 | 169 | 142 | PDF p. 79 |
| Current tax payable$’000 | 154 | 129 | PDF p. 79 |
| Subtotal$’000 | 2,012 | 1,884 | PDF p. 79 |
| Liabilities | |||
| Total liabilities$’000 | 2,189 | 2,166 | PDF p. 79 |
| Total | |||
| Total equity and liabilities$’000 | 84,553 | 82,080 | PDF p. 79 |
Original report: PDF p. 79 ↗
As at 31 December 2025. Amounts in $’000. Company columns are in a separate table.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company | 2024Company | Source |
|---|---|---|---|
| Non-current assets | |||
| Property, plant and equipment$’000 | 7 | 12 | PDF p. 79 |
| Investment property$’000 | – | – | PDF p. 79 |
| Subsidiaries$’000 | 53,499 | 50,374 | PDF p. 79 |
| Associate$’000 | – | – | PDF p. 79 |
| Joint venture$’000 | – | – | PDF p. 79 |
| Other receivables$’000 | 31 | 26 | PDF p. 79 |
| Right-of-use assets$’000 | 233 | 293 | PDF p. 79 |
| Deferred tax asset$’000 | – | – | PDF p. 79 |
| Subtotal$’000 | 53,770 | 50,705 | PDF p. 79 |
| Current assets | |||
| Inventories$’000 | – | – | PDF p. 79 |
| Development properties$’000 | – | – | PDF p. 79 |
| Trade and other receivables$’000 | 693 | 707 | PDF p. 79 |
| Prepayment$’000 | – | 2 | PDF p. 79 |
| Cash and bank balances$’000 | 37,545 | 37,790 | PDF p. 79 |
| Subtotal$’000 | 38,238 | 38,499 | PDF p. 79 |
| Assets | |||
| Total assets$’000 | 92,008 | 89,204 | PDF p. 79 |
| Equity | |||
| Share capital$’000 | 129,793 | 129,793 | PDF p. 79 |
| Equity capital contributed by parent$’000 | 3,980 | 3,980 | PDF p. 79 |
| Reserves$’000 | (43,221) | (46,164) | PDF p. 79 |
| Total equity attributable to owners of the Company$’000 | 90,552 | 87,609 | PDF p. 79 |
| Non-current liabilities | |||
| Lease liabilities$’000 | 122 | 190 | PDF p. 79 |
| Deferred tax liabilities$’000 | 37 | 63 | PDF p. 79 |
| Subtotal$’000 | 159 | 253 | PDF p. 79 |
| Current liabilities | |||
| Trade and other payables$’000 | 1,031 | 1,110 | PDF p. 79 |
| Lease liabilities$’000 | 116 | 105 | PDF p. 79 |
| Current tax payable$’000 | 150 | 127 | PDF p. 79 |
| Subtotal$’000 | 1,297 | 1,342 | PDF p. 79 |
| Liabilities | |||
| Total liabilities$’000 | 1,456 | 1,595 | PDF p. 79 |
| Total | |||
| Total equity and liabilities$’000 | 92,008 | 89,204 | PDF p. 79 |
Original report: PDF p. 79 ↗
As at 31 December 2025. Amounts in $’000. Group columns are in a separate table.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$’000 | 6,551 | 5,712 | PDF p. 80 |
| Cost of sales$’000 | (3,193) | (2,954) | PDF p. 80 |
| Gross profit$’000 | 3,358 | 2,758 | PDF p. 80 |
| Other income$’000 | 1,522 | 2,265 | PDF p. 80 |
| Selling and marketing expenses$’000 | (205) | (191) | PDF p. 80 |
| Administrative expenses$’000 | (326) | (367) | PDF p. 80 |
| Finance costs$’000 | (16) | (4) | PDF p. 80 |
| Other expenses$’000 | (2,736) | (2,652) | PDF p. 80 |
| Share of results of an associate (net of tax)$’000 | (1) | (1) | PDF p. 80 |
| Share of results of a joint venture (net of tax)$’000 | (1) | (2) | PDF p. 80 |
| Profit before tax$’000 | 1,595 | 1,806 | PDF p. 80 |
| Income tax expense$’000 | (127) | (165) | PDF p. 80 |
| Profit for the year attributable to owners of the Company$’000 | 1,468 | 1,641 | PDF p. 80 |
| Earnings per share (cents per share) | |||
| - Basiccents per share | 1.56 | 1.75 | PDF p. 80 |
| - Dilutedcents per share | 1.56 | 1.75 | PDF p. 80 |
Original report: PDF p. 80 ↗
For the financial year ended 31 December 2025. Amounts in $’000 except EPS in cents per share. No separate Company income statement is presented.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Comprehensive income | |||
| Profit for the year$’000 | 1,468 | 1,641 | PDF p. 81 |
| Other comprehensive income – Items that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation differences for foreign operations$’000 | 982 | 1,224 | PDF p. 81 |
| Other comprehensive income | |||
| Other comprehensive income for the year, net of tax$’000 | 982 | 1,224 | PDF p. 81 |
| Comprehensive income | |||
| Total comprehensive income for the year attributable to owners of the Company$’000 | 2,450 | 2,865 | PDF p. 81 |
Original report: PDF p. 81 ↗
For the financial year ended 31 December 2025. Amounts in $’000.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Profit | |||
| Profit for the year$'000 | 1,468 | 1,641 | PDF p. 81 |
| Other comprehensive income - items that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation differences for foreign operations$'000 | 982 | 1,224 | PDF p. 81 |
| Other comprehensive income | |||
| Other comprehensive income for the year, net of tax$'000 | 982 | 1,224 | PDF p. 81 |
| Total comprehensive income | |||
| Total comprehensive income for the year attributable to$'000 | 2,450 | 2,865 | PDF p. 81 |
Original report: PDF p. 81 ↗
Profit and total comprehensive income are wholly attributable to owners of the Company. No separate Company comprehensive income statement presented.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group - Share capital | 2025Group - Equity capital contributed by parent | 2025Group - Special reserve | 2025Group - Premium paid on acquisition of non-controlling interests | 2025Group - Currency translation reserve | 2025Group - Accumulated losses | 2025Group - Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|---|---|
| Movements 2025 | ||||||||
| At 1 January 2025$'000 | 129,793 | 3,980 | 8,529 | (192) | (996) | (61,200) | 79,914 | PDF p. 82 |
| Profit for the year$'000 | – | – | – | – | – | 1,468 | 1,468 | PDF p. 82 |
| Other comprehensive income, net of tax | ||||||||
| Foreign currency translation differences$'000 | – | – | – | – | 982 | – | 982 | PDF p. 82 |
| Movements 2025 | ||||||||
| Total comprehensive income for the$'000 | – | – | – | – | 982 | 1,468 | 2,450 | PDF p. 82 |
| At 31 December 2025$'000 | 129,793 | 3,980 | 8,529 | (192) | (14) | (59,732) | 82,364 | PDF p. 82 |
Original report: PDF p. 82 ↗
No non-controlling interest column is presented; all equity is attributable to owners of the Company.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group - Share capital | 2024Group - Equity capital contributed by parent | 2024Group - Special reserve | 2024Group - Premium paid on acquisition of non-controlling interests | 2024Group - Currency translation reserve | 2024Group - Accumulated losses | 2024Group - Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|---|---|
| Movements 2024 | ||||||||
| At 1 January 2024$'000 | 129,793 | 3,980 | 8,529 | (192) | (2,220) | (62,841) | 77,049 | PDF p. 82 |
| Profit for the year$'000 | – | – | – | – | – | 1,641 | 1,641 | PDF p. 82 |
| Other comprehensive income, net of tax | ||||||||
| Foreign currency translation differences$'000 | – | – | – | – | 1,224 | – | 1,224 | PDF p. 82 |
| Movements 2024 | ||||||||
| Total comprehensive income for the$'000 | – | – | – | – | 1,224 | 1,641 | 2,865 | PDF p. 82 |
| At 31 December 2024$'000 | 129,793 | 3,980 | 8,529 | (192) | (996) | (61,200) | 79,914 | PDF p. 82 |
Original report: PDF p. 82 ↗
No non-controlling interest column is presented.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company - Share capital | 2025Company - Equity capital contributed by parent | 2025Company - Special reserve | 2025Company - Accumulated losses | 2025Company - Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|
| Movements 2025 | ||||||
| At 1 January 2025$'000 | 129,793 | 3,980 | 12,471 | (58,635) | 87,609 | PDF p. 83 |
| Profit for the year, representing total$'000 | – | – | – | 2,943 | 2,943 | PDF p. 83 |
| At 31 December 2025$'000 | 129,793 | 3,980 | 12,471 | (55,692) | 90,552 | PDF p. 83 |
Original report: PDF p. 83 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Company - Share capital | 2024Company - Equity capital contributed by parent | 2024Company - Special reserve | 2024Company - Accumulated losses | 2024Company - Total equity attributable to owners of the Company | Source |
|---|---|---|---|---|---|---|
| Movements 2024 | ||||||
| At 1 January 2024$'000 | 129,793 | 3,980 | 12,471 | (64,347) | 81,897 | PDF p. 83 |
| Profit for the year, representing total$'000 | – | – | – | 5,712 | 5,712 | PDF p. 83 |
| At 31 December 2024$'000 | 129,793 | 3,980 | 12,471 | (58,635) | 87,609 | PDF p. 83 |
Original report: PDF p. 83 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Operating activities | |||
| Profit before tax$'000 | 1,595 | 1,806 | PDF p. 84 |
| Adjustments for | |||
| Depreciation of investment property$'000 | 70 | 67 | PDF p. 84 |
| Depreciation of property, plant and equipment$'000 | 740 | 731 | PDF p. 84 |
| Depreciation of right-of-use assets$'000 | 169 | 149 | PDF p. 84 |
| Gain on disposal of property, plant and equipment$'000 | (1) | – | PDF p. 84 |
| Interest expense related to lease liabilities$'000 | 16 | 4 | PDF p. 84 |
| Interest income$'000 | (1,499) | (1,901) | PDF p. 84 |
| Loss on liquidation of a joint venture$'000 | – | 74 | PDF p. 84 |
| Loss on disposal of a subsidiary$'000 | – | 1 | PDF p. 84 |
| Share of results of an associate (net of tax)$'000 | 1 | 1 | PDF p. 84 |
| Share of results of a joint venture (net of tax)$'000 | 1 | 2 | PDF p. 84 |
| Unrealised currency exchange gain - net$'000 | (1) | (9) | PDF p. 84 |
| Write-back of impairment of trade receivables$'000 | (3) | (2) | PDF p. 84 |
| Operating activities | |||
| Operating cash flows before changes in working capital$'000 | 1,088 | 923 | PDF p. 84 |
| Changes in working capital | |||
| Development properties$'000 | (85) | (7) | PDF p. 84 |
| Inventories$'000 | (14) | 6 | PDF p. 84 |
| Trade and other payables$'000 | 26 | (127) | PDF p. 84 |
| Trade and other receivables and prepayment$'000 | 1,056 | 52 | PDF p. 84 |
| Operating activities | |||
| Cash generated from operating activities$'000 | 2,071 | 847 | PDF p. 84 |
| Income tax paid$'000 | (151) | (154) | PDF p. 84 |
| Interest expense related to lease liabilities$'000 | (16) | (4) | PDF p. 84 |
| Interest received$'000 | 651 | 1,931 | PDF p. 84 |
| Net cash generated from operating activities$'000 | 2,555 | 2,620 | PDF p. 84 |
Original report: PDF p. 84 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Investing activities | |||
| Net cash inflow on liquidation of a joint venture$'000 | – | 321 | PDF p. 85 |
| Placement of long-term fixed deposits$'000 | (911) | (5,220) | PDF p. 85 |
| Proceeds from disposal of property, plant and equipment$'000 | 1 | 1 | PDF p. 85 |
| Purchase of property, plant and equipment (note 3)$'000 | (303) | (395) | PDF p. 85 |
| Net cash used in investing activities$'000 | (1,213) | (5,293) | PDF p. 85 |
| Financing activity | |||
| Repayment of principal portion of lease liabilities$'000 | (166) | (153) | PDF p. 85 |
| Net cash used in financing activity$'000 | (166) | (153) | PDF p. 85 |
| Net change in cash | |||
| Net increase/(decrease) in cash and cash equivalents$'000 | 1,176 | (2,826) | PDF p. 85 |
| Cash and cash equivalents at beginning of the year$'000 | 3,536 | 6,022 | PDF p. 85 |
| Effect of exchange rate changes on balances held in foreign currencies$'000 | 443 | 340 | PDF p. 85 |
| Cash and cash equivalents at end of the year (note 13)$'000 | 5,155 | 3,536 | PDF p. 85 |
Original report: PDF p. 85 ↗
Continuation of the Consolidated Cash Flow Statement from page 84.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Weighted average number of ordinary shares | |||
| Issued ordinary shares at beginning of the year'000 shares | 96,334 | 96,334 | PDF p. 130 |
| Less: Trust Shares'000 shares | (2,419) | (2,419) | PDF p. 130 |
| Weighted average number of ordinary shares for basic earnings per share computation*'000 shares | 93,915 | 93,915 | PDF p. 130 |
| Earnings per share attributable to owners of the Company | |||
| Basiccents per share | 1.56 | 1.75 | PDF p. 130 |
| Dilutedcents per share | 1.56 | 1.75 | PDF p. 130 |
Original report: PDF p. 130 ↗
* Trust Shares (ordinary shares) held by the Trust, which is considered as part of the Company, were excluded for the earnings per share computation as disclosed in note 2.22.
Basic EPS = profit attributable to owners divided by weighted average number of ordinary shares outstanding; diluted adds weighted average shares issuable on conversion of all dilutive potential ordinary shares.
Where the money comes from
| Item / unit | 2025Investments and others | 2025Hospitality and restaurant | 2025Property development | 2025Total | 2024Investments and others | 2024Hospitality and restaurant | 2024Property development | 2024Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | |||||||||
| - external revenue$'000 | 30 | 6,521 | – | 6,551 | 29 | 5,683 | – | 5,712 | PDF p. 132PDF p. 133 |
| - inter-segment revenue$'000 | – | – | 39 | 39 | – | – | 37 | 37 | PDF p. 132PDF p. 133 |
| Results | |||||||||
| Reportable segment results$'000 | (1,080) | 1,477 | (306) | 91 | (1,119) | 933 | (266) | (452) | PDF p. 132PDF p. 133 |
| Other income (excluding interest income)$'000 | 16 | 4 | 3 | 23 | 196 | – | 168 | 364 | PDF p. 132PDF p. 133 |
| Interest income$'000 | 904 | 149 | 446 | 1,499 | 1,263 | 132 | 506 | 1,901 | PDF p. 132PDF p. 133 |
| Interest expense$'000 | (11) | (5) | – | (16) | (3) | (1) | – | (4) | PDF p. 132PDF p. 133 |
| Share of results of an associate and a joint venture$'000 | – | – | (2) | (2) | – | – | (3) | (3) | PDF p. 132PDF p. 133 |
| (Loss)/profit before tax$'000 | (171) | 1,625 | 141 | 1,595 | PDF p. 132 | ||||
| Other segment items - Capital expenditure | |||||||||
| - property, plant and equipment$'000 | – | 272 | 31 | 303 | 13 | 302 | 80 | 395 | PDF p. 132PDF p. 133 |
| Other segment items | |||||||||
| Depreciation for the year$'000 | 192 | 761 | 26 | 979 | 173 | 750 | 24 | 947 | PDF p. 132PDF p. 133 |
| Assets | |||||||||
| Reportable segment assets$'000 | 39,546 | 21,373 | 23,584 | 84,503 | 40,049 | 20,728 | 21,253 | 82,030 | PDF p. 132PDF p. 133 |
| Investment in associate$'000 | – | – | 49 | 49 | – | – | 48 | 48 | PDF p. 132PDF p. 133 |
| Investment in joint venture$'000 | – | – | 1 | 1 | – | – | 2 | 2 | PDF p. 132PDF p. 133 |
| Consolidated total assets$'000 | 39,546 | 21,373 | 23,634 | 84,553 | 40,049 | 20,728 | 21,303 | 82,080 | PDF p. 132PDF p. 133 |
| Liabilities | |||||||||
| Consolidated total liabilities$'000 | 1,254 | 719 | 216 | 2,189 | 1,370 | 606 | 190 | 2,166 | PDF p. 132PDF p. 133 |
| Results | |||||||||
| Profit before tax$'000 | 337 | 1,064 | 405 | 1,806 | PDF p. 133 | ||||
Blank cells (empty string) are not printed in the source; Elimination, Income tax expense and Profit for the year are printed only in the Total column. Revenue subtotal row 30/6,521/39/6,590 and post-elimination 6,551 are unlabeled. Performance measured before other income (including interest income), interest expense, share of associate/JV results and income tax.
Blank cells (empty string) are not printed in the source; Elimination, Income tax expense and Profit for the year are printed only in the Total column.
| Item / unit | 2025Group revenue | 2024Group revenue | Source |
|---|---|---|---|
| Revenue | |||
| Malaysia$'000 | 6,551 | 5,712 | PDF p. 134 |
Segment revenue is based on the geographical location of operations. The Group operates principally in Singapore and Malaysia; only Malaysia is printed in the revenue table.
| Item / unit | 2025Group non-current assets | 2024Group non-current assets | Source |
|---|---|---|---|
| Non-current assets | |||
| Malaysia$'000 | 16,030 | 16,121 | PDF p. 134 |
| Singapore$'000 | 271 | 331 | PDF p. 134 |
| Total (unlabeled)$'000 | 16,301 | 16,452 | PDF p. 134 |
Segment non-current assets (excluding deferred tax asset) are based on the geographical location of the assets. The total row has no printed label.
Debt
| Item / unit | 2025less than 3 months | 20253 to 12 months | 20251 to 5 years | 2025total | 2024less than 3 months | 20243 to 12 months | 20241 to 5 years | 2024total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Lease liabilities$'000 | 30 | 148 | 143 | 321 | 30 | 122 | 228 | 380 | PDF p. 117 |
Maturity analysis based on contractual undiscounted payments. No bucket after five years is printed.
Maturity analysis based on contractual undiscounted payments.
| Item / unit | 2025less than 3 months | 20253 to 12 months | 20251 to 5 years | 2025total | 2024less than 3 months | 20243 to 12 months | 20241 to 5 years | 2024total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Lease liabilities$'000 | 21 | 103 | 124 | 248 | 20 | 94 | 198 | 312 | PDF p. 117 |
Maturity analysis based on contractual undiscounted payments.
| Item / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Non-current liabilities | |||||
| Lease liabilities$'000 | 140 | 219 | 122 | 190 | PDF p. 79 |
| Current liabilities | |||||
| Lease liabilities$'000 | 169 | 142 | 116 | 105 | PDF p. 79 |
Column order as printed: Group 2025, Group 2024, Company 2025, Company 2024. Note 9 reference printed in Note column.
No bank loans or other borrowings are shown on the statement of financial position; only lease liabilities.
| Item / unit | 2024At 1 January | 2024Cash flows | 2024Other* | 2024At 31 December | Source |
|---|---|---|---|---|---|
| 2024 | |||||
| Lease liabilities$'000 | 161 | (153) | 353 | 361 | PDF p. 116 |
*Other relates to non-cash additions and translation adjustments during the year.
2025 row: Lease liabilities 361 (166) 114 309 (At 1 January 2025, cash flows, other, At 31 December 2025).
| Item / unit | 2025At 1 January | 2025Cash flows | 2025Other* | 2025At 31 December | 2024At 1 January | 2024Cash flows | 2024Other* | 2024At 31 December | Source |
|---|---|---|---|---|---|---|---|---|---|
| Lease liabilities$'000 | 361 | (166) | 114 | 309 | 161 | (153) | 353 | 361 | PDF p. 116 |
*Other relates to non-cash additions and translation adjustments during the year.
2025 row: Lease liabilities 361 (166) 114 309 (At 1 January 2025, cash flows, other, At 31 December 2025).
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy (Provision 11.6) | The Company has a formalised dividend policy wherein the Group remains committed in its focus to strengthen its core capabilities and to explore growth opportunities with prudent management and a long-term view towards sustainability. Before proposing any dividends, the Board will consider a range of factors, including the Group’s results of operations, long-term and short-term capital requirements, current financial position, future investment plans and general business conditions and other macro environment factors. The Board will review the dividend policy from time to time and reserves the right to modify, amend and update the policy. | Group | PDF p. 40 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend recommendation FY 2025 | The Company has not recommended any dividend for FY 2025 as it intends to conserve cash for operations (including asset improvements) and future investment opportunities. | Company, FY 2025 | PDF p. 40 |
Extracted from HL GLOBAL ENTERPRISES LIMITED ANNUAL REPORT and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | Ernst & Young LLP | Group | PDF p. 78 |
| Engagement partner | Chan Yew Kiang | Group | PDF p. 78 |
| Opinion | properly drawn up in accordance with the provisions of the Singapore 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. 74 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Recoverable amount of an uncompleted development property | Recoverable amount of an uncompleted development property | Group | PDF p. 75 |
| Recoverable amount of an uncompleted development property | Thus, management is required to exercise judgement in estimating the net realisable value at the financial year end of 31 December 2025. | Group | PDF p. 75 |
Extracted from HL GLOBAL ENTERPRISES LIMITED ANNUAL REPORT and checked against the cited pages; see the original report for full context.
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 HL GLOBAL ENTERPRISES LIMITED ANNUAL REPORT, 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.