Multi-Chem AWZ

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Financials

Multi-Chem Limited Annual Report 2025

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Statements of Financial Position

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Statements of Financial Position from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2025Company	2024Company	Source
Statements of Financial Position
Property, plant and equipmentSGD thousand	6,916	7,367	168	163	PDF p. 115
Investment propertiesSGD thousand	-	-	2,135	2,190	PDF p. 115
Investments in subsidiariesSGD thousand	-	-	-	-	PDF p. 115
Club membershipsSGD thousand	954	998	374	374	PDF p. 115
Right-of-use assetsSGD thousand	1,522	2,066	-	89	PDF p. 115
Deferred tax assetsSGD thousand	7,594	6,504	12	-	PDF p. 115
Financial asset, at FVOCISGD thousand	-	-	-	-	PDF p. 115
Financial asset, at FVPLSGD thousand	4,966	5,107	4,966	5,107	PDF p. 115
Derivative financial instrumentsSGD thousand	-	38	-	-	PDF p. 115
Trade receivablesSGD thousand	26,849	27,568	-	-	PDF p. 115
PrepaymentsSGD thousand	177	624	1	4	PDF p. 115
Total non-current assetsSGD thousand	48,978	50,272	7,656	7,927	PDF p. 115
InventoriesSGD thousand	60,219	75,867	14	150	PDF p. 115
Trade and other receivablesSGD thousand	172,862	181,837	36,371	37,405	PDF p. 115
Contract assetsSGD thousand	1,609	2,328	-	-	PDF p. 115
PrepaymentsSGD thousand	1,281	1,556	130	85	PDF p. 115
Current income tax recoverableSGD thousand	5,890	6,714	-	-	PDF p. 115
Derivative financial instrumentsSGD thousand	5	36	-	-	PDF p. 115
Fixed depositsSGD thousand	57,878	40,224	17,896	11,229	PDF p. 115
Cash and bank balancesSGD thousand	41,616	43,596	2,397	1,600	PDF p. 115
Total current assetsSGD thousand	341,360	352,158	56,808	50,469	PDF p. 115
Trade and other payablesSGD thousand	150,587	161,477	6,716	7,903	PDF p. 115
Contract liabilitiesSGD thousand	25,698	24,730	-	-	PDF p. 115
Lease liabilitiesSGD thousand	728	787	-	59	PDF p. 115
ProvisionSGD thousand	26,840	25,161	-	-	PDF p. 115
Current income tax payablesSGD thousand	4,679	5,281	376	77	PDF p. 115
Total current liabilitiesSGD thousand	208,532	217,436	7,092	8,039	PDF p. 115
Net current assetsSGD thousand	132,828	134,722	49,716	42,430	PDF p. 115
Trade payablesSGD thousand	21,718	22,687	-	-	PDF p. 116
Contract liabilitiesSGD thousand	3,787	3,837	-	-	PDF p. 116
Lease liabilitiesSGD thousand	713	1,402	-	41	PDF p. 116
Provision for post-employee benefitsSGD thousand	1,776	1,618	-	-	PDF p. 116
Deferred tax liabilitiesSGD thousand	1,566	1,242	-	-	PDF p. 116
Total non-current liabilitiesSGD thousand	29,560	30,786	-	41	PDF p. 116
Net assetsSGD thousand	152,246	154,208	57,372	50,316	PDF p. 116
Share capitalSGD thousand	37,288	37,288	37,288	37,288	PDF p. 116
Foreign currency translation accountSGD thousand	(6,026)	(465)	-	-	PDF p. 116
Other reservesSGD thousand	(713)	(1,152)	-	-	PDF p. 116
Retained earningsSGD thousand	121,697	118,537	20,084	13,028	PDF p. 116
Total equitySGD thousand	152,246	154,208	57,372	50,316	PDF p. 116

Definitions & sources

Original report: PDF p. 115 ↗ PDF p. 116 ↗

Consolidated Income Statement

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Consolidated Income Statement from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	Source
Consolidated Income Statement
RevenueSGD thousand	653,925	683,684	PDF p. 117
Cost of salesSGD thousand	(564,285)	(586,205)	PDF p. 117
Gross profitSGD thousand	89,640	97,479	PDF p. 117
Interest incomeSGD thousand	6,473	4,702	PDF p. 117
Other incomeSGD thousand	2,035	2,672	PDF p. 117
Selling and distribution costsSGD thousand	(34,817)	(36,161)	PDF p. 117
Administrative and other expensesSGD thousand	(26,573)	(27,443)	PDF p. 117
Loss allowance on third party trade receivables and contract assetsSGD thousand	(158)	(857)	PDF p. 117
Finance costsSGD thousand	(3,632)	(1,573)	PDF p. 117
Profit before income taxSGD thousand	32,968	38,819	PDF p. 117
Income tax expenseSGD thousand	(6,529)	(8,001)	PDF p. 117
Profit for the financial yearSGD thousand	26,439	30,818	PDF p. 117
Owners of CompanySGD thousand	26,439	30,818	PDF p. 117

Definitions & sources

Original report: PDF p. 117 ↗

Consolidated Comprehensive Income

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Consolidated Comprehensive Income from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	Source
Consolidated Comprehensive Income
Profit for the financial yearSGD thousand	26,439	30,818	PDF p. 118
Foreign currency differences on translation of foreign operationsSGD thousand	(5,561)	3,124	PDF p. 118
Fair value change in financial asset at FVOCISGD thousand	-	(7)	PDF p. 118
Remeasurements of post-employee benefitsSGD thousand	(46)	34	PDF p. 118
Other comprehensive income for the financial year, net of taxSGD thousand	(5,607)	3,151	PDF p. 118
Total comprehensive income for the financial yearSGD thousand	20,832	33,969	PDF p. 118
Owners of the CompanySGD thousand	20,832	33,969	PDF p. 118

Definitions & sources

Original report: PDF p. 118 ↗

Consolidated Cash Flows

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Consolidated Cash Flows from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	Source
Consolidated Cash Flows
Profit before income taxSGD thousand	32,968	38,819	PDF p. 121
Loss allowance on third party trade receivables and contract assetsSGD thousand	158	857	PDF p. 121
Allowance made for inventory obsolescenceSGD thousand	6,517	1,277	PDF p. 121
Third party trade receivables written offSGD thousand	24	53	PDF p. 121
Fair value change in financial asset, at FVPLSGD thousand	(142)	(147)	PDF p. 121
Fair value change in derivative financial instrumentsSGD thousand	69	(78)	PDF p. 121
Depreciation of property, plant and equipmentSGD thousand	719	872	PDF p. 121
Gain on disposal of property, plant and equipmentSGD thousand	(64)	(366)	PDF p. 121
Amortisation of club membershipsSGD thousand	10	10	PDF p. 121
Depreciation of right-of-use assetsSGD thousand	818	999	PDF p. 121
Gain on lease modificationsSGD thousand	(9)	-	PDF p. 121
Interest expenseSGD thousand	3,632	1,573	PDF p. 121
Interest incomeSGD thousand	(6,473)	(4,702)	PDF p. 121
Inventories written offSGD thousand	1,946	501	PDF p. 121
Property, plant and equipment written offSGD thousand	5	-	PDF p. 121
Third party trade and other payables written offSGD thousand	(809)	(927)	PDF p. 121
Unrealised foreign exchange lossSGD thousand	607	331	PDF p. 121
Operating cash flows before working capital changesSGD thousand	39,976	39,072	PDF p. 121
InventoriesSGD thousand	3,529	11,373	PDF p. 121
Trade and other receivables, and contract assetsSGD thousand	(1,966)	(15,678)	PDF p. 121
PrepaymentsSGD thousand	652	416	PDF p. 121
Trade and other payables, and contract liabilitiesSGD thousand	4,086	5,295	PDF p. 121
ProvisionSGD thousand	2,527	689	PDF p. 121
Provision for post-employee benefitsSGD thousand	223	115	PDF p. 121
Cash generated from operationsSGD thousand	49,027	41,282	PDF p. 121
Interest receivedSGD thousand	4,475	4,702	PDF p. 121
Income tax paidSGD thousand	(7,704)	(9,347)	PDF p. 121
Net cash generated from operating activitiesSGD thousand	45,798	36,637	PDF p. 121
Additions to right-of-use assetsSGD thousand	(216)	-	PDF p. 121
Proceeds from disposal of property, plant and equipmentSGD thousand	77	646	PDF p. 121
Purchase of property, plant and equipmentSGD thousand	(382)	(518)	PDF p. 121
Net cash (used in)/generated from investing activitiesSGD thousand	(521)	128	PDF p. 121
Repayments of bank borrowings (Note A)SGD thousand	-	(780)	PDF p. 122
Repayments of lease liabilities (Note A)SGD thousand	(782)	(967)	PDF p. 122
Interest paidSGD thousand	(2,113)	(1,573)	PDF p. 122
Dividends paid to owners of the CompanySGD thousand	(22,794)	(23,965)	PDF p. 122
Net cash used in financing activitiesSGD thousand	(25,689)	(27,285)	PDF p. 122
Net change in cash and cash equivalentsSGD thousand	19,588	9,480	PDF p. 122
Cash and cash equivalents at beginning of financial yearSGD thousand	83,771	72,999	PDF p. 122
Effects of exchange rate changes on cash and cash equivalentsSGD thousand	(3,914)	1,292	PDF p. 122
Cash and cash equivalents at end of financial yearSGD thousand	99,445	83,771	PDF p. 122

Definitions & sources

Original report: PDF p. 121 ↗ PDF p. 122 ↗

Earnings per share

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Earnings per share from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	Source
Earnings per share
Basic and diluted earnings per shareSGD cents	29.35	34.21	PDF p. 117

Definitions & sources

Original report: PDF p. 117 ↗

Group Equity Movements 2025

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Group Equity Movements 2025 from Multi-Chem Limited Annual Report 2025
Metric / unit	2025GroupShare capital	2025GroupForeign currency translation account	2025GroupPremium on acquisition of non-controlling interests	2025GroupFair value reserve	2025GroupStatutory reserve	2025GroupRetained earnings	2025GroupTotal equity	Source
Group equity movements
Opening balanceSGD thousand	37,288	(465)	(1,043)	(439)	330	118,537	154,208	PDF p. 119
Profit for the financial yearSGD thousand	-	-	-	-	-	26,439	26,439	PDF p. 119
Foreign currency differences on translation of foreign operationsSGD thousand	-	(5,561)	-	-	-	-	(5,561)	PDF p. 119
Fair value change in financial asset, FVOCISGD thousand	-	-	-	439	-	(439)	-	PDF p. 119
Remeasurements of post-employee benefitsSGD thousand	-	-	-	-	-	(46)	(46)	PDF p. 119
Total comprehensive incomeSGD thousand	-	(5,561)	-	439	-	25,954	20,832	PDF p. 119
DividendsSGD thousand	-	-	-	-	-	(22,794)	(22,794)	PDF p. 119
Total transactions with ownersSGD thousand	-	-	-	-	-	(22,794)	(22,794)	PDF p. 119
Closing balanceSGD thousand	37,288	(6,026)	(1,043)	-	330	121,697	152,246	PDF p. 119

Definitions & sources

Original report: PDF p. 119 ↗

Group Equity Movements 2024

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Group Equity Movements 2024 from Multi-Chem Limited Annual Report 2025
Metric / unit	2024GroupShare capital	2024GroupForeign currency translation account	2024GroupPremium on acquisition of non-controlling interests	2024GroupFair value reserve	2024GroupStatutory reserve	2024GroupRetained earnings	2024GroupTotal equity	Source
Group equity movements
Opening balanceSGD thousand	37,288	(3,589)	(1,043)	(432)	330	111,650	144,204	PDF p. 120
Profit for the financial yearSGD thousand	-	-	-	-	-	30,818	30,818	PDF p. 120
Foreign currency differences on translation of foreign operationsSGD thousand	-	3,124	-	-	-	-	3,124	PDF p. 120
Fair value change in financial asset, FVOCISGD thousand	-	-	-	(7)	-	-	(7)	PDF p. 120
Remeasurements of post-employee benefitsSGD thousand	-	-	-	-	-	34	34	PDF p. 120
Total comprehensive incomeSGD thousand	-	3,124	-	(7)	-	30,852	33,969	PDF p. 120
DividendsSGD thousand	-	-	-	-	-	(23,965)	(23,965)	PDF p. 120
Total transactions with ownersSGD thousand	-	-	-	-	-	(23,965)	(23,965)	PDF p. 120
Closing balanceSGD thousand	37,288	(465)	(1,043)	(439)	330	118,537	154,208	PDF p. 120

Definitions & sources

Original report: PDF p. 120 ↗

Five-year Group Financial Position

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Five-year Group Financial Position from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2023Group	2022Group	2021Group	Source
Five-year Group Financial Position
Property, plant and equipmentSGD thousand	6,916	7,367	8,098	9,019	9,298	PDF p. 60
Investment in life insurance planSGD thousand	4,966	5,107	4,813	4,749	4,628	PDF p. 60
Other non-current assetsSGD thousand	37,096	37,798	27,366	21,911	20,709	PDF p. 60
Current assetsSGD thousand	341,360	352,158	341,331	293,623	263,810	PDF p. 60
Current liabilitiesSGD thousand	(208,532)	(217,436)	(221,127)	(174,913)	(152,885)	PDF p. 60
Net current assetsSGD thousand	132,828	134,722	120,204	118,710	110,925	PDF p. 60
Long term borrowingsSGD thousand	-	-	-	(417)	(1,500)	PDF p. 60
Long term trade payablesSGD thousand	(21,718)	(22,687)	(9,524)	(11,267)	(8,089)	PDF p. 60
Deferred tax liabilitiesSGD thousand	(1,566)	(1,242)	(1,423)	(1,114)	(1,097)	PDF p. 60
Other non-current liabilitySGD thousand	(6,276)	(6,857)	(5,330)	(4,495)	(4,674)	PDF p. 60
Net assetsSGD thousand	152,246	154,208	144,204	137,096	130,200	PDF p. 60
Share capitalSGD thousand	37,288	37,288	37,288	37,288	37,288	PDF p. 60
Foreign currency translation accountSGD thousand	(6,026)	(465)	(3,589)	(1,644)	(871)	PDF p. 60
Other reservesSGD thousand	(713)	(1,152)	(1,145)	(977)	(801)	PDF p. 60
Retained earningsSGD thousand	121,697	118,537	111,650	102,429	94,584	PDF p. 60
Total equitySGD thousand	152,246	154,208	144,204	137,096	130,200	PDF p. 60

Definitions & sources

Original report: PDF p. 60 ↗

Five-year Group Profit and Loss

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Five-year Group Profit and Loss from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2023Group	2022Group	2021Group	Source
Five-year Group Profit and Loss
TurnoverSGD thousand	653,925	683,684	658,421	616,980	603,640	PDF p. 61
Gross profitSGD thousand	89,640	97,479	94,791	87,009	85,510	PDF p. 61
Other incomeSGD thousand	8,508	7,374	5,235	3,160	4,989	PDF p. 61
Earnings before interest, tax, depreciation & amortisation (EBITA)SGD thousand	38,147	42,273	39,617	28,668	38,893	PDF p. 61
Depreciation & amortisationSGD thousand	(1,547)	(1,881)	(2,246)	(2,615)	(2,615)	PDF p. 61
Interest expenseSGD thousand	(3,632)	(1,573)	(843)	(457)	(327)	PDF p. 61
Profit before income tax (PBT)SGD thousand	32,968	38,819	36,528	25,596	35,951	PDF p. 61
Income tax expenseSGD thousand	(6,529)	(8,001)	(9,405)	(5,599)	(8,617)	PDF p. 61
Net profitSGD thousand	26,439	30,818	27,123	19,997	27,334	PDF p. 61
Non-controlling interestsSGD thousand	-	-	-	-	(2,375)	PDF p. 61
Equity holders of the CompanySGD thousand	26,439	30,818	27,123	19,997	24,959	PDF p. 61

Definitions & sources

Original report: PDF p. 61 ↗

Five-year Profit and Loss Analysis

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Five-year Profit and Loss Analysis from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2023Group	2022Group	2021Group	Source
Five-year Profit and Loss Analysis
Gross profit marginPercent	13.7	14.3	14.4	14.1	14.2	PDF p. 61
PBT marginPercent	5.0	5.7	5.5	4.1	6.0	PDF p. 61
Turnover (decrease)/increasePercent	(4.4)	3.8	6.7	2.2	25.8	PDF p. 61
PBT (decrease)/increasePercent	(15.1)	6.3	42.7	(28.8)	39.2	PDF p. 61
Net profit (decrease)/increasePercent	(14.2)	13.6	35.6	(26.8)	39.7	PDF p. 61

Definitions & sources

Original report: PDF p. 61 ↗

Five-year Per Share Data

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Five-year Per Share Data from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2023Group	2022Group	2021Group	Source
Five-year Per Share Data
Net earnings (basic)SGD cents	29.35	34.21	30.10	22.20	27.70	PDF p. 62
Net earnings (fully diluted)SGD cents	29.35	34.21	30.10	22.20	27.70	PDF p. 62
Net dividendSGD cents	31.10	25.30	24.30	17.70	11.10	PDF p. 62
Net dividend payoutTimes	1.06	0.74	0.81	0.80	0.40	PDF p. 62
Net assets valueSGD cents	168.98	171.16	160.06	152.17	144.51	PDF p. 62
Gross dividendSGD cents	31.10	25.30	24.30	17.70	11.10	PDF p. 62
Gross dividend yieldPercent	9.15	9.13	12.46	10.41	6.03	PDF p. 62
Number of shares for basic EPSMillion shares	90.1	90.1	90.1	90.1	90.1	PDF p. 62
Number of shares for diluted EPSMillion shares	90.1	90.1	90.1	90.1	90.1	PDF p. 62
Number of shares for NAVMillion shares	90.1	90.1	90.1	90.1	90.1	PDF p. 62
Closing share price on last market day of yearSGD cents	340.0	277.0	195.0	170.0	184.0	PDF p. 62

Definitions & sources

Original report: PDF p. 62 ↗

Five-year Financial Ratios

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Five-year Financial Ratios from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2023Group	2022Group	2021Group	Source
Five-year Financial Ratios
Current ratioTimes	1.64	1.62	1.54	1.68	1.73	PDF p. 62
Return on shareholders fundsPercent	17.37	19.98	18.81	14.59	19.17	PDF p. 62
Return on assets employedPercent	6.77	7.66	7.11	6.07	8.36	PDF p. 62
Debt equity ratioTimes	0.00	0.00	0.01	0.01	0.02	PDF p. 62
Debt interest coverTimes	10.50	26.87	24.32	19.68	47.03	PDF p. 62

Definitions & sources

Original report: PDF p. 62 ↗

Cash and fixed deposits

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Cash and fixed deposits from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2025Company	2024Company	Source
Cash and fixed deposits
Bank balancesSGD thousand	41,616	43,596	2,397	1,600	PDF p. 157
Fixed deposits excluding maturity over3monthsSGD thousand	57,838	40,184	17,896	11,229	PDF p. 157
Cash and bank balancesSGD thousand	99,454	83,780	20,293	12,829	PDF p. 157

Definitions & sources

Original report: PDF p. 157 ↗

Cash flow cash reconciliation

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Cash flow cash reconciliation from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	Source
Cash flow cash reconciliation
Fixed deposits with maturity >3monthsSGD thousand	40	40	PDF p. 157
Cash and deposits before pledged amountsSGD thousand	99,494	83,820	PDF p. 157
Less: Fixed deposits pledged with banksSGD thousand	(49)	(49)	PDF p. 157
Cash and cash equivalents per consolidated statement of cash flowsSGD thousand	99,445	83,771	PDF p. 157

Definitions & sources

Original report: PDF p. 157 ↗

Cash and bank balances by currency

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Cash and bank balances by currency from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group	2024Group	2025Company	2024Company	Source
Cash and bank balances by currency
Singapore dollarSGD thousand	14,624	9,837	477	1,091	PDF p. 157
United States dollarSGD thousand	69,291	55,060	19,795	11,719	PDF p. 157
Chinese renminbiSGD thousand	4,393	642	-	-	PDF p. 157
Ringgit MalaysiaSGD thousand	1,005	4,535	-	-	PDF p. 157
New Taiwan dollarSGD thousand	527	590	-	-	PDF p. 157
Thailand bahtSGD thousand	2,439	3,249	-	-	PDF p. 157
Indian rupeeSGD thousand	1,110	4,692	-	-	PDF p. 157
Australian dollarSGD thousand	1,740	1,844	-	-	PDF p. 157
Indonesian rupiahSGD thousand	2,478	814	-	-	PDF p. 157
Philippine pesoSGD thousand	67	832	-	-	PDF p. 157
Vietnamese dongSGD thousand	1,332	1,124	-	-	PDF p. 157
OthersSGD thousand	488	601	21	19	PDF p. 157
Total cash and bank balancesSGD thousand	99,494	83,820	20,293	12,829	PDF p. 157

Definitions & sources

Original report: PDF p. 157 ↗

Dividends paid by attributed financial year

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Dividends paid by attributed financial year from Multi-Chem Limited Annual Report 2025
Metric / unit	2025Group and Company	2024Group and Company	Source
Dividends paid
Interim dividend paid — FY2025, SGD0.111 per shareSGD thousand	10,000	-	PDF p. 185
Final dividend paid — FY2024, SGD0.142 per shareSGD thousand	12,794	-	PDF p. 185
Interim dividend paid — FY2024, SGD0.111 per shareSGD thousand	-	10,000	PDF p. 185
Final dividend paid — FY2023, SGD0.155 per shareSGD thousand	-	13,965	PDF p. 185
Total dividends paidSGD thousand	22,794	23,965	PDF p. 185

Definitions & sources

Original report: PDF p. 185 ↗

Where the money comes from

Segment information

By business

Segment results, assets and liabilities by business segment 22 lines

Segment results, assets and liabilities by business segment
Item / unit	2025IT business	2025PCB business	2025Elimination and adjustments	2025Total	2024IT business	2024PCB business	2024Elimination and adjustments	2024Total	Source
Segment results
Interest income$'000	6,045	428	-	6,473	3,970	732	-	4,702	PDF p. 189 PDF p. 190
Interest expense$'000	(3,632)	-	-	(3,632)	(1,567)	(6)	-	(1,573)	PDF p. 189 PDF p. 190
Depreciation of property, plant and equipment$'000	(565)	(154)	-	(719)	(659)	(213)	-	(872)	PDF p. 189 PDF p. 190
Other non-cash items
- Gain on disposal of property, plant and equipment$'000	59	5	-	64	56	310	-	366	PDF p. 189 PDF p. 190
- Amortisation of club memberships$'000	(10)	-	-	(10)	(10)	-	-	(10)	PDF p. 189 PDF p. 190
- Depreciation of right-of-use assets$'000	(805)	(13)	-	(818)	(946)	(53)	-	(999)	PDF p. 189 PDF p. 190
- Third party trade receivables written off$'000	(24)	-	-	(24)	(53)	-	-	(53)	PDF p. 189 PDF p. 190
- Inventories written off$'000	(1,944)	(2)	-	(1,946)	(501)	-	-	(501)	PDF p. 189 PDF p. 190
- Property, plant and equipment written off$'000	(1)	(4)	-	(5)					PDF p. 189
- Unrealised foreign exchange gain/(loss)$'000	978	(1,585)	-	(607)					PDF p. 189
- Allowance (made)/reversed for inventory obsolescence$'000	(6,540)	23	-	(6,517)	(1,284)	7	-	(1,277)	PDF p. 189 PDF p. 190
- (Loss allowance)/reversal of allowance on third party trade receivables and contract assets$'000	(161)	3	-	(158)					PDF p. 189
- Fair value change in financial asset, at FVPL$'000	-	142	-	142	-	147	-	147	PDF p. 189 PDF p. 190
- Fair value change in derivative financial instruments$'000	(69)	-	-	(69)	78	-	-	78	PDF p. 189 PDF p. 190
Segment results
Segment profit/(loss)$'000	34,914	(1,946)	-	32,968					PDF p. 189
Assets
Reportable segment assets$'000	348,702	28,152	-	376,854	367,740	21,472	-	389,212	PDF p. 189 PDF p. 190
Additions included in segment assets
- Property, plant and equipment$'000	263	119	-	382	511	7	-	518	PDF p. 189 PDF p. 190
- Right-of-use assets$'000	504	-	-	504	1,279	-	-	1,279	PDF p. 189 PDF p. 190
Liabilities
Reportable segment liabilities$'000	225,131	6,716	-	231,847	233,697	8,002	-	241,699	PDF p. 189 PDF p. 190
Other non-cash items
- Unrealised foreign exchange (loss)/gain$'000					(1,313)	982	-	(331)	PDF p. 190
- Loss allowance on third party trade receivables and contract assets$'000					(856)	(1)	-	(857)	PDF p. 190
Segment results
Segment profit$'000					38,818	1	-	38,819	PDF p. 190

Notes

Deferred tax, current tax and total Group rows are printed only in the Total column.

Segment performance is evaluated on profit or loss from operation before tax expense not including non-recurring gains and losses; income taxes are managed on a Group basis.

By geography

Revenue by operating segment and geography 3 lines

Revenue by operating segment and geography
Item / unit	2025Singapore IT business	2025Singapore PCB business	2025Greater China IT business	2025India IT business	2025Vietnam IT business	2025Others IT business	2025Elimination and adjustments	2025Total	2024Singapore IT business	2024Singapore PCB business	2024Greater China IT business	2024India IT business	2024Vietnam IT business	2024Others IT business	2024Elimination and adjustments	2024Total	Source
Revenue
- External sales$'000	393,202	425	40,340	35,298	22,765	161,895	-	653,925	391,509	1,620	37,516	70,597	18,959	163,483	-	683,684	PDF p. 188
- Inter-segment sales$'000	1	-	-	-	-	-	(1)	-	5	-	-	-	-	-	(5)	-	PDF p. 188
Total revenue$'000	393,203	425	40,340	35,298	22,765	161,895	(1)	653,925	391,514	1,620	37,516	70,597	18,959	163,483	(5)	683,684	PDF p. 188

Notes

Intersegment sales and transfers are accounted for as if to third parties at approximately market prices; eliminated on consolidation.

Same column layout as the 2025 table on the page.

Geographical information: revenue from external customers 1 lines

Geographical information: revenue from external customers
Item / unit	2025Singapore	2025Greater China	2025India	2025Vietnam	2025Others	2025Group	2024Singapore	2024Greater China	2024India	2024Vietnam	2024Others	2024Group	Source
Revenue from external customers
Revenue from external customers$'000	288,820	43,777	35,277	108,507	177,544	653,925	304,012	38,917	68,137	94,013	178,605	683,684	PDF p. 191

Notes

Revenue is based on the country in which the customer is located.

Revenue derived from one customer (2024: one customer) of the Group’s IT business was approximately $81,756,000 (2024: $100,052,000), contributing 10 percent or more of Group revenue.

Geographical information: location of non-current assets 1 lines

Geographical information: location of non-current assets
Item / unit	2025Singapore	2025Greater China	2025India	2025Vietnam	2025Others	2025Group	2024Singapore	2024Greater China	2024India	2024Vietnam	2024Others	2024Group	Source
Location of non-current assets
Non-current assets$'000	5,504	436	487	105	3,037	9,569	5,942	546	845	246	3,476	11,055	PDF p. 191

Notes

Non-current assets consist of property, plant and equipment, right-of-use assets, club memberships and prepayments as presented in the consolidated statement of financial position of the Group.

Debt

Borrowings

Lease liabilities maturity analysis

Lease liabilities maturity analysis
Item / unit	2025Group	2024Group	2025Company	2024Company	Source
Contractual undiscounted cash flows
- Within one year$'000	808	921	-	62	PDF p. 162
- After one year but within five years$'000	760	1,535	-	42	PDF p. 162
Less: Future interest expense$'000	(127)	(267)	-	(4)	PDF p. 162
Total
Present value of lease liabilities$'000	1,441	2,189	-	100	PDF p. 162
Presented in statements of financial position
- Current$'000	728	787	-	59	PDF p. 162
- Non-current$'000	713	1,402	-	41	PDF p. 162

Notes

Average incremental borrowing rate applied in lease liabilities measurement was 6.01% (2024: 6.38%).

Certain leases secured over right-of-use assets: lease liabilities of $25,000 (2024: $22,000).

Borrowing notes 2 tables

Indebtedness (Group borrowings)

Indebtedness (Group borrowings) — Group
Item / unit	2025$'000	2024$'000	Source
Due after 1 year
Bank borrowings (Due after 1 year)$'000	-	-	PDF p. 67
Total
Total debt$'000	-	-	PDF p. 67

Notes

No borrowings in 2025 or 2024. Debt equity ratio 0.00 and 0.00; debt interest cover 10.50 (2025) and 26.87 (2024).

Currency profile of lease liabilities

Currency profile of lease liabilities
Item / unit	2025Group	2024Group	2025Company	2024Company	Source
Currency
Singapore dollar$'000	25	121	-	100	PDF p. 163
United States dollar$'000	23	93	-	-	PDF p. 163
Chinese renminbi$'000	140	186	-	-	PDF p. 163
Ringgit Malaysia$'000	227	264	-	-	PDF p. 163
New Taiwan dollar$'000	183	237	-	-	PDF p. 163
Thailand baht$'000	148	252	-	-	PDF p. 163
Indonesian rupiah$'000	82	193	-	-	PDF p. 163
Indian rupee$'000	520	762	-	-	PDF p. 163
Vietnamese dong$'000	33	55	-	-	PDF p. 163
Others$'000	60	26	-	-	PDF p. 163
Total$'000	1,441	2,189	-	100	PDF p. 163

Notes

Total row has no printed label.

Payout

Dividends & distributions

Dividend policy

Item	Value	Period / scope	Source
Provision 11.6 – Dividend policy	The Company does not have a policy on dividends. However, declaration of dividends is with the objective of maximising value with the balance of current dividend and future growth and will be published in the financial results and dividend announcements via SGXNET.	Company	PDF p. 99

Dividends declared and proposed

Item	Value	Period / scope	Source
interim tax exempt (1-tier) dividend	11.10 cents per share	FY2025 interim, paid	PDF p. 99
final tax exempt (1-tier) dividend (FY2025, recommended)	20.00 cents per share	FY2025 final, proposed, subject to AGM approval	PDF p. 99
final tax exempt (1-tier) dividend (FY2024)	14.20 cents per share	FY2024 final, paid in 2025 (comparative)	PDF p. 99
Record Date	12 May 2026	FY2025 proposed final dividend · As at 2026-05-12	PDF p. 220
Proposed Final Dividend payment date	22 May 2026	FY2025 proposed final dividend · As at 2026-05-22	PDF p. 220
final tax-exempt (one tier) dividends	$0.200 (2024: $0.142)	FY2025 recommended vs FY2024	PDF p. 185
Net dividend	31.10 cents	FY2025 total (11.10 interim + 20.00 proposed final)	PDF p. 62
Net dividend	25.30 cents	FY2024 total (comparative)	PDF p. 62

Payout

Item	Value	Period / scope	Source
Net dividend payout (times)	1.06 times	FY2025	PDF p. 62
Net dividend payout (times)	0.74 times	FY2024	PDF p. 62

Extracted from Multi-Chem Limited 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	BDO LLP	Group	PDF p. 114
Engagement partner	Tan Boon Kai	Group	PDF p. 114

Key audit matters

Item	Value	Period / scope	Source
Recoverability and Expected Credit Loss (“ECL”) of trade receivables from third parties	We focused on recoverability and ECL assessment as a key audit matter due to the significant estimates involved in deriving the ECL rates on trade receivables from third parties.	Group	PDF p. 111

Extracted from Multi-Chem Limited 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 Multi-Chem Limited Annual Report 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

FY2025 FVOCI fair value reserve transfer439thousand to retained earnings has no total equity or OCI impact; preserve original transfer, not a gain.

Highlight measure is labelled EBITA in original despite definition mentioning depreciation and amortisation; original terminology retained. Highlight other income combines statutory interest income and other income.

Five-year current liabilities and other liability rows are negative in original, unlike the primary statement positive presentation.

Dividend yield is based on closing price on last market day of respective year, not current price. Net dividend per FY differs cash dividend paid during FY. Shares use rounded90.1million in highlights.

Original Note14 adds fixed deposits with maturity >3months (40thousand each year) before deducting pledged fixed deposits (49thousand each year) to reconcile to cash flow cash. Preserve the original reconciliation; do not substitute a generic cash definition. Group fixed deposits on the balance sheet include the separately shown40thousand.

Currency rows show SGD carrying amounts, not amounts denominated in the named currency.

FY2025 proposed final dividendSGD0.200 per share approximately18.019million, subjectAGM approval and not recognised as year-end liability. Proposed final plus FY2025 interim0.111 gives annual-attributed0.311 per share; this differs dividends paid22.794million duringFY2025.

Prior FY2024 proposed final0.142 approximately12.793million in narrative versus12.794million actually paid in table; preserve original amounts and distinction.

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