VibroPower BJD

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Financials

ANNUAL REPORT 2026

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13 tables

Statements of Financial Position – The Group

35 metrics

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Statements of Financial Position – The Group from ANNUAL REPORT 2026
Metric / unit	2026Group, 31 March 2026	2025Group, 31 March 2025 (Restated)	2024Group, 1 April 2024 (Restated)	Source
Non-current assets
Property, plant and equipment$'000	325	1,151	4,840	PDF p. 43
Right-of-use assets$'000	25	355	585	PDF p. 43
Investment property$'000	–	2,850	2,697	PDF p. 43
Subsidiaries$'000	–	–	–	PDF p. 43
Associates$'000	642	616	505	PDF p. 43
Other receivables$'000	3,462	803	–	PDF p. 43
Total non-current assets$'000	4,454	5,775	8,627	PDF p. 43
Current assets
Inventories$'000	1,271	773	969	PDF p. 43
Trade and other receivables$'000	2,446	6,078	9,344	PDF p. 43
Contract assets$'000	1,954	924	2,314	PDF p. 43
Other assets$'000	541	713	447	PDF p. 43
Cash and bank balances$'000	2,927	2,221	385	PDF p. 43
Subtotal$'000	9,139	10,709	13,459	PDF p. 43
Assets classified as held-for-sale$'000	3,906	–	–	PDF p. 43
Total current assets$'000	13,045	10,709	13,459	PDF p. 43
Assets
Total assets$'000	17,499	16,484	22,086	PDF p. 43
Equity
Share capital$'000	19,084	19,084	19,084	PDF p. 43
Treasury shares$'000	(388)	(388)	(388)	PDF p. 43
Accumulated losses$'000	(14,346)	(14,191)	(10,447)	PDF p. 43
Reserve$'000	(182)	(328)	(1,397)	PDF p. 43
Equity attributable to owners of the Company$'000	4,168	4,177	6,852	PDF p. 43
Non-controlling interests$'000	1,486	1,443	1,373	PDF p. 43
Total equity$'000	5,654	5,620	8,225	PDF p. 43
Non-current liabilities
Loans and borrowings$'000	–	2,438	2,629	PDF p. 43
Lease liabilities$'000	1	406	439	PDF p. 43
Total non-current liabilities$'000	1	2,844	3,068	PDF p. 43
Current liabilities
Loans and borrowings$'000	1,765	399	2,201	PDF p. 43
Lease liabilities$'000	11	36	36	PDF p. 43
Payables and accruals$'000	2,434	3,087	6,048	PDF p. 43
Contract liabilities$'000	3,220	1,747	1,105	PDF p. 43
Provisions$'000	2,960	2,707	1,290	PDF p. 43
Income tax payable$'000	44	44	113	PDF p. 43
Total current liabilities$'000	10,434	8,020	10,793	PDF p. 43
Liabilities
Total liabilities$'000	11,845	10,864	13,861	PDF p. 43
Equity and liabilities
Total equity and liabilities$'000	17,499	16,484	22,086	PDF p. 43

Definitions & sources

Original report: PDF p. 43 ↗

Amounts in $'000. 2025 and 1 April 2024 columns are Restated. The annexed notes form an integral part of and should be read in conjunction with these financial statements.

Statements of Financial Position – The Company

21 metrics

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Statements of Financial Position – The Company from ANNUAL REPORT 2026
Metric / unit	2026Company, 31 March 2026	2025Company, 31 March 2025 (Restated)	2024Company, 1 April 2024 (Restated)	Source
Non-current assets
Property, plant and equipment$'000	–	–	–	PDF p. 43
Subsidiaries$'000	14,914	11,137	11,137	PDF p. 43
Total non-current assets$'000	14,914	11,137	11,137	PDF p. 43
Current assets
Trade and other receivables$'000	1,851	2,093	2,100	PDF p. 43
Other assets$'000	11	20	22	PDF p. 43
Cash and bank balances$'000	–	30	33	PDF p. 43
Subtotal$'000	1,862	2,143	2,155	PDF p. 43
Total current assets$'000	1,862	2,143	2,155	PDF p. 43
Assets
Total assets$'000	16,776	13,280	13,292	PDF p. 43
Equity
Share capital$'000	19,084	19,084	19,084	PDF p. 43
Treasury shares$'000	(388)	(388)	(388)	PDF p. 43
Accumulated losses$'000	(6,744)	(9,842)	(9,093)	PDF p. 43
Equity attributable to owners of the Company$'000	11,952	8,854	9,603	PDF p. 43
Total equity$'000	11,952	8,854	9,603	PDF p. 43
Non-current liabilities
Loans and borrowings$'000	–	1,505	1,496	PDF p. 43
Total non-current liabilities$'000	–	1,505	1,496	PDF p. 43
Current liabilities
Loans and borrowings$'000	1,505	–	–	PDF p. 43
Payables and accruals$'000	3,319	2,921	2,193	PDF p. 43
Total current liabilities$'000	4,824	2,921	2,193	PDF p. 43
Liabilities
Total liabilities$'000	4,824	4,426	3,699	PDF p. 43
Equity and liabilities
Total equity and liabilities$'000	16,776	13,280	13,292	PDF p. 43

Definitions & sources

Original report: PDF p. 43 ↗

Amounts in $'000. 31 March 2025 and 1 April 2024 columns are Restated. Company has no separate income statement presented in the report (only consolidated).

Consolidated Statement of Profit or Loss and Other Comprehensive Income

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Consolidated Statement of Profit or Loss and Other Comprehensive Income from ANNUAL REPORT 2026
Metric / unit	2026Group, FY ended 31 March 2026	2025Group, FY ended 31 March 2025 (Restated)	Source
Continuing operations
Revenue$'000	11,295	5,058	PDF p. 44
Cost of sales$'000	(7,697)	(4,211)	PDF p. 44
Gross profit$'000	3,598	847	PDF p. 44
Other items of income
Other credits$'000	376	335	PDF p. 44
Other income$'000	30	–	PDF p. 44
Expenses
Marketing and distribution costs$'000	(25)	(15)	PDF p. 44
Administrative expenses$'000	(2,155)	(2,827)	PDF p. 44
Allowance for expected credit loss on financial assets and contract assets$'000	(59)	(803)	PDF p. 44
Other charges$'000	(627)	(1,661)	PDF p. 44
Finance costs$'000	(1,310)	(470)	PDF p. 44
Share of results of an associate$'000	13	134	PDF p. 44
Continuing operations
Loss before income tax$'000	(159)	(4,460)	PDF p. 44
Income tax credit$'000	–	75	PDF p. 44
Loss for the year from continuing operations$'000	(159)	(4,385)	PDF p. 44
Discontinued operation
Profit for the year from discontinued operation$'000	–	637	PDF p. 44
Profit or loss
Loss for the year$'000	(159)	(3,748)	PDF p. 44
Other comprehensive income
Reclassification of cumulative exchange differences to profit or loss upon disposal of a subsidiary$'000	–	908	PDF p. 44
Foreign currency translation of foreign operations$'000	193	235	PDF p. 44
Other comprehensive income, net of tax$'000	193	1,143	PDF p. 44
Total comprehensive income/(loss) for the year$'000	34	(2,605)	PDF p. 44
Loss for the year attributable to: Continuing operations
– Owners of the Company$'000	(155)	(4,381)	PDF p. 44
– Non-controlling interests$'000	(4)	(4)	PDF p. 44
Subtotal$'000	(159)	(4,385)	PDF p. 44
Loss for the year attributable to: Discontinued operation
– Owners of the Company$'000	–	637	PDF p. 44
Total comprehensive income/(loss) for the year attributable to
Owners of the Company$'000	(9)	(2,675)	PDF p. 44
Non-controlling interests$'000	43	70	PDF p. 44
Loss per share attributable to owners of the Company (cents per share)
Basic and diluted – Continuing operationscents per share	(0.21)	(5.94)	PDF p. 44
Basic and diluted – Discontinued operationcents per share	–	0.86	PDF p. 44
Subtotalcents per share	(0.21)	(5.08)	PDF p. 44

Definitions & sources

Original report: PDF p. 44 ↗

Amounts in $'000 except loss per share in cents per share. 2025 column is Restated. The annexed notes form an integral part of and should be read in conjunction with these financial statements.

Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group)

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Consolidated Statement of Profit or Loss and Other Comprehensive Income (Group) from ANNUAL REPORT 2026
Metric / unit	2026Group, FY ended 31 March 2026, $'000	2025Group, FY ended 31 March 2025 (Restated), $'000	Source
Profit or loss
Loss for the year$'000	(159)	(3,748)	PDF p. 44
Other comprehensive income
Reclassification of cumulative exchange differences to profit or loss upon disposal of a subsidiary$'000	–	908	PDF p. 44
Foreign currency translation of foreign operations$'000	193	235	PDF p. 44
Other comprehensive income, net of tax$'000	193	1,143	PDF p. 44
Total comprehensive income
Total comprehensive income/(loss) for the year$'000	34	(2,605)	PDF p. 44
Loss for the year attributable to: Continuing operations
– Owners of the Company$'000	(155)	(4,381)	PDF p. 44
– Non-controlling interests$'000	(4)	(4)	PDF p. 44
Loss for the year attributable to: Discontinued operation
– Owners of the Company$'000	–	637	PDF p. 44
Total comprehensive income/(loss) for the year attributable to
Owners of the Company$'000	(9)	(2,675)	PDF p. 44
Non-controlling interests$'000	43	70	PDF p. 44

Definitions & sources

Original report: PDF p. 44 ↗

No separate Company statement of comprehensive income is presented in the pages read.

Attribution subtotals (159)/(4,385)/(3,748) and 34/(2,605) are unlabelled lines.

Consolidated Statement of Changes in Equity (Group) - FY ended 31 March 2025 (Restated)

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Consolidated Statement of Changes in Equity (Group) - FY ended 31 March 2025 (Restated) from ANNUAL REPORT 2026
Metric / unit	2025Share capital, $'000	2025Treasury shares, $'000	2025Reserves, $'000	2025Accumulated losses, $'000	2025Total attributable to owners, $'000	2025Non-controlling interests, $'000	2025Total equity, $'000	Source
FY2025
At 1 April 2024 (Restated)$'000	19,084	(388)	(1,397)	(10,447)	6,852	1,373	8,225	PDF p. 45
Loss for the year (Restated)$'000	–	–	–	(3,744)	(3,744)	(4)	(3,748)	PDF p. 45
Total comprehensive loss for the year (Restated)$'000	–	–	1,069	(3,744)	(2,675)	70	(2,605)	PDF p. 45
At 31 March 2025 (Restated)$'000	19,084	(388)	(328)	(14,191)	4,177	1,443	5,620	PDF p. 45

Definitions & sources

Original report: PDF p. 45 ↗

OCI FY2025: reclassification of cumulative exchange differences on disposal of subsidiary: reserves 908, total 908, NCI –; foreign currency translation: reserves 161, owners total 161, NCI 74, total 235; OCI subtotal reserves 1,069, NCI 74, total 1,143.

No Company statement of changes in equity found in the pages read.

Consolidated Statement of Changes in Equity (Group) - FY ended 31 March 2026

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Consolidated Statement of Changes in Equity (Group) - FY ended 31 March 2026 from ANNUAL REPORT 2026
Metric / unit	2026Share capital, $'000	2026Treasury shares, $'000	2026Reserves, $'000	2026Accumulated losses, $'000	2026Total attributable to owners, $'000	2026Non-controlling interests, $'000	2026Total equity, $'000	Source
FY2026
At 1 April 2025 (Restated)$'000	19,084	(388)	(328)	(14,191)	4,177	1,443	5,620	PDF p. 45
Loss for the year$'000	–	–	–	(155)	(155)	(4)	(159)	PDF p. 45
FY2026 Other comprehensive income
Foreign currency translation of foreign operations$'000	–	–	146	–	146	47	193	PDF p. 45
FY2026
Total comprehensive income for the year$'000	–	–	146	(155)	(9)	43	34	PDF p. 45
At 31 March 2026$'000	19,084	(388)	(182)	(14,346)	4,168	1,486	5,654	PDF p. 45

Definitions & sources

Original report: PDF p. 45 ↗

Reserves column header printed as 'Reserves'.

Consolidated Statement of Cash Flows (Group)

54 metrics

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Consolidated Statement of Cash Flows (Group) from ANNUAL REPORT 2026
Metric / unit	2026Group, FY ended 31 March 2026, $'000	2025Group, FY ended 31 March 2025 (Restated), $'000	Source
Operating activities
Loss before income tax from continuing operations$'000	(159)	(4,460)	PDF p. 46
Profit before income tax from discontinued operation$'000	–	563	PDF p. 46
Total loss before taxation$'000	(159)	(3,897)	PDF p. 46
Operating activities - Adjustments
– Depreciation of property, plant and equipment$'000	249	535	PDF p. 46
– Depreciation of right-of-use assets$'000	38	57	PDF p. 46
– Gain on disposal of a subsidiary$'000	–	(2,860)	PDF p. 46
– Written off of amounts owed by disposed subsidiary, net$'000	–	1,698	PDF p. 46
– Loss/(gain) on liquidation of subsidiaries$'000	361	(123)	PDF p. 46
– Share of results of associates$'000	(13)	(134)	PDF p. 46
– Allowance for obsolescence of slow-moving inventories$'000	13	–	PDF p. 46
– Derecognition of trade payables$'000	(51)	(186)	PDF p. 46
– Fair value (gain)/loss on derivative financial instruments$'000	(4)	5	PDF p. 46
– Provision for potential back charges from a customer$'000	–	1,427	PDF p. 46
– Provision/(reversal) for product warranty expense$'000	9	(10)	PDF p. 46
– Provision for liquidated damages from a customer$'000	244	–	PDF p. 46
– Allowance for expected credit loss on contract assets$'000	9	675	PDF p. 46
– Allowance for expected credit loss on other receivables$'000	49	–	PDF p. 46
– (Reversal)/allowance for expected credit losses on trade receivables$'000	(8)	100	PDF p. 46
– Written off of deposits$'000	9	–	PDF p. 46
– Written off of trade receivables$'000	–	28	PDF p. 46
– Finance costs$'000	1,310	470	PDF p. 46
– Finance income$'000	(30)	–	PDF p. 46
– Others$'000	(353)	184	PDF p. 46
Operating activities
Operating cash flows before movements in working capital$'000	1,673	(2,031)	PDF p. 46
Operating activities - Changes in working capital
– Inventories$'000	(549)	195	PDF p. 46
– Trade and other receivables$'000	(245)	(340)	PDF p. 46
– Contract assets$'000	(1,039)	715	PDF p. 46
– Other assets$'000	163	(454)	PDF p. 46
– Payables and accruals$'000	830	1,305	PDF p. 46
– Contract liabilities$'000	1,473	643	PDF p. 46
Operating activities
Cash generated from operations$'000	2,306	33	PDF p. 46
Tax refunded$'000	–	74	PDF p. 46
Cash flows generated from operating activities$'000	2,306	107	PDF p. 46
Investing activities
Cash and cash equivalents disposed of on liquidation of subsidiary$'000	(5)	–	PDF p. 46
Increase in restricted deposits held with a financial platform$'000	(2,010)	–	PDF p. 46
Payments made to a substantial shareholder and director$'000	(5,429)	(2,028)	PDF p. 46
Repayments made by a substantial shareholder and director$'000	5,404	1,941	PDF p. 46
Payments made to a related party$'000	(2,133)	(2,150)	PDF p. 46
Receipt of deferred consideration from disposal of a subsidiary$'000	320	–	PDF p. 46
Repayments made by a related party$'000	865	270	PDF p. 46
Proceeds from disposal of a subsidiary$'000	–	4,502	PDF p. 46
Purchase of plant and equipment$'000	(28)	(8)	PDF p. 46
Cash flows (used in)/from investing activities$'000	(3,016)	2,527	PDF p. 46
Financing activities
Interest paid$'000	(387)	(321)	PDF p. 46
Loans from a substantial shareholder and director$'000	2,125	3,041	PDF p. 46
Proceeds from other loans and borrowings$'000	1,595	1,216	PDF p. 46
Repayments of lease liabilities$'000	(37)	(68)	PDF p. 46
Repayments of loans and borrowings$'000	(1,765)	(2,898)	PDF p. 46
Repayments of loan from a substantial shareholder and director$'000	(2,125)	(1,770)	PDF p. 46
Cash flows used in financing activities$'000	(594)	(800)	PDF p. 46
Net change in cash
Net (decrease)/increase in cash and cash equivalents$'000	(1,304)	1,834	PDF p. 46
Cash and cash equivalents at beginning of the year$'000	2,221	385	PDF p. 46
Effect of exchange rate fluctuations on cash held$'000	–	2	PDF p. 46
Cash and cash equivalents at end of the year$'000	917	2,221	PDF p. 46

Definitions & sources

Original report: PDF p. 46 ↗

* Less than $1,000

No separate Company cash flow statement presented in the pages read.

Note A: Reconciliation of liabilities arising from financing activities (Group) - total column

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Note A: Reconciliation of liabilities arising from financing activities (Group) - total column from ANNUAL REPORT 2026
Metric / unit	2025Total, year ended 31 March 2025 (Restated), $'000	2026Total, year ended 31 March 2026, $'000	Source
Note A
At 31 March 2026$'000	–	1,777	PDF p. 47

Definitions & sources

Original report: PDF p. 47 ↗

Columns: Loans and borrowings, Lease liabilities, Substantial shareholder and director, Total. Only totals captured here; component columns for the quoted rows: 1 Apr 2024 4,830/475/(1,271); 31 Mar 2025 2,837/442/–; 31 Mar 2026 1,765/12/–.

Summarised financial information of subsidiary with material NCI (Agrimal; NCI 31.8%)

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Summarised financial information of subsidiary with material NCI (Agrimal; NCI 31.8%) from ANNUAL REPORT 2026
Metric / unit	2026Agrimal, $'000	2025Agrimal, $'000	Source
Agrimal
Total comprehensive loss for the year$'000	135	221	PDF p. 75
Attributable to NCI
– Total comprehensive loss for the year$'000	43	70	PDF p. 75
Agrimal
Net assets attributable to NCI$'000	57	61	PDF p. 75
Carrying amount of NCI$'000	1,486	1,443	PDF p. 75

Definitions & sources

Original report: PDF p. 75 ↗

Printed as summarised financial information prepared under SFRS(I)s, modified for fair value adjustments on acquisition.

Financial Highlights (Group, S$ Million)

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Financial Highlights (Group, S$ Million) from ANNUAL REPORT 2026
Metric / unit	2020Group, S$ Million	2022Group, S$ Million	2023Group, S$ Million	2024Group, S$ Million	2025Group, S$ Million	2026Group, S$ Million	Source
Financial Highlights
Revenue (from continuing operations and discontinued operation)S$ Million	12.3	15.2	9.6	14.8	5.7	11.3	PDF p. 7
Profit/(Loss) before tax (from continuing operations and discontinued operation)S$ Million	0.1	(3.3)	(7.1)	0.2	(3.7)	(0.16)	PDF p. 7
Equity attributable to owners of the CompanyS$ Million	17.7	14.7	7.1	6.9	4.18	4.17	PDF p. 7
Total assetsS$ Million	31.0	28.2	22.1	22.1	16.5	17.5	PDF p. 7

Definitions & sources

Original report: PDF p. 7 ↗

Printed columns are 2020, 2022, 2023, 2024, 2025, 2026; no 2021 column is printed. Column headers are printed as bare years.

Revenue by segment (Financial and Operations Review)

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Revenue by segment (Financial and Operations Review) from ANNUAL REPORT 2026
Metric / unit	2026FY2026 S$'000	2026FY2026 % of total	2025FY2025 S$'000	2025FY2025 % of total	2026Variance (%), FY2026 vs FY2025	Source
Continuing Operations
ProjectsS$'000 / %	10,878	96.3	4,665	92.2	133.2	PDF p. 6
Others(1)S$'000 / %	417	3.7	393	7.8	6.1	PDF p. 6
Total RevenueS$'000 / %	11,295	100.0	5,058	100.0	123.3	PDF p. 6
Discontinued Operation
Power PlantS$'000 / %	-	-	609	100.0	NM	PDF p. 6

Definitions & sources

Original report: PDF p. 6 ↗

Others comprises rental income from a leasehold property.

Revenue from discontinued operation relates to Shanxi Weineng Coal Mine Gas Development Co., Ltd. (SXWN); the Group disposed of its entire interest on 30 September 2024.

NM – Not meaningful

Revenue by geography (Financial and Operations Review)

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Revenue by geography (Financial and Operations Review) from ANNUAL REPORT 2026
Metric / unit	2026FY2026 S$'000	2026FY2026 % of total	2025FY2025 S$'000	2025FY2025 % of total	2026Variance (%), FY2026 vs FY2025	Source
Continuing Operations
SingaporeS$'000 / %	11,295	100.0	4,556	90.1	147.9	PDF p. 6
Asia (excluding Singapore)S$'000 / %	-	-	502	9.9	NM	PDF p. 6
Total RevenueS$'000 / %	11,295	100.0	5,058	100.0	123.3	PDF p. 6

Definitions & sources

Original report: PDF p. 6 ↗

NM – Not meaningful (per first table on page).

Loss per share (income statement, cents per share)

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Loss per share (income statement, cents per share) from ANNUAL REPORT 2026
Metric / unit	2026Group, cents per share	2025Group, cents per share (Restated)	Source
Loss per share attributable to owners of the Company (cents per share)
Basic and diluted – Continuing operationscents per share	(0.21)	(5.94)	PDF p. 44
Basic and diluted – Discontinued operationcents per share	–	0.86	PDF p. 44

Definitions & sources

Original report: PDF p. 44 ↗

Total basic and diluted loss per share printed as (0.21) for 2026 and (5.08) for 2025.

Where the money comes from

Segment information

By business

Operating segments FY2026 (continuing operations) 13 lines

Operating segments FY2026 (continuing operations)
Item / unit	2026Projects, continuing operations, $'000	2026Others, continuing operations, $'000	2026Group, continuing operations, $'000	Source
Revenue
External customers$'000	10,878	417	11,295	PDF p. 98
2026
Finance costs$'000	(1,178)	(132)	(1,310)	PDF p. 98
Depreciation$'000	(287)	–	(287)	PDF p. 98
Share of results of an associate$'000	–	13	13	PDF p. 98
Segment loss before income tax (excluding share of results of associates)$'000	127	(299)	(172)	PDF p. 98
Other material profit or loss items
Loss on liquidation of subsidiaries$'000	(361)	–	(361)	PDF p. 98
Derecognition of trade payables$'000	51	–	51	PDF p. 98
Provision for liquidated damages from a customer$'000	(244)	–	(244)	PDF p. 98
Allowance for ECLs on other receivables$'000	(49)	–	(49)	PDF p. 98
2026
Capital expenditure$'000	28	–	28	PDF p. 98
Reportable segment assets$'000	16,530	327	16,857	PDF p. 98
Investment in associates$'000	–	642	642	PDF p. 98
Reportable segment liabilities$'000	8,914	2,931	11,845	PDF p. 98

Notes

Reportable segments: Projects; Others (Power plant segment discontinued in 2026).

Operating segments FY2025 (restated) 14 lines

Operating segments FY2025 (restated)
Item / unit	2025Projects, continuing operations, $'000	2025Others, continuing operations, $'000 (Restated)	2025Total continuing operations, $'000 (Restated)	2025Power plant, discontinued operation, $'000	2025Group Total, $'000 (Restated)	Source
Revenue
External customers$'000	4,665	393	5,058	609	5,667	PDF p. 99
2025
Finance costs$'000	(229)	(241)	(470)	–	(470)	PDF p. 99
Depreciation$'000	(331)	–	(331)	(261)	(592)	PDF p. 99
Share of results of associates$'000	–	134	134	–	134	PDF p. 99
Segment (loss)/profit before income tax (excluding share of results of associates)$'000	(3,781)	(813)	(4,594)	563	(4,031)	PDF p. 99
Other material profit or loss items
Allowance for ECLs on contract assets$'000	(675)	–	(675)	–	(675)	PDF p. 99
Allowance for ECLs on trade receivables$'000	(100)	–	(100)	–	(100)	PDF p. 99
Trade receivables written off$'000	(28)	–	(28)	–	(28)	PDF p. 99
Fair value loss on derivative financial instruments$'000	–	(5)	(5)	–	(5)	PDF p. 99
Provision for potential back charges$'000	(1,427)	–	(1,427)	–	(1,427)	PDF p. 99
2025
Capital expenditure$'000	8	–	8	–	8	PDF p. 99
Reportable segment assets$'000	12,489	3,379	15,868	–	15,868	PDF p. 99
Investment in associates$'000	–	616	616	–	616	PDF p. 99
Reportable segment liabilities$'000	7,983	2,881	10,864	–	10,864	PDF p. 99

Notes

Others, continuing Total and Group Total columns marked (Restated).

By geography

Geographical information: non-current assets and revenue 5 lines

Geographical information: non-current assets and revenue
Item / unit	2026Non-current assets, $'000	2025Non-current assets, $'000	2026Revenue, $'000	2025Revenue, $'000	Source
Continuing operations
Singapore$'000	350	1,506	11,295	4,556	PDF p. 100
Asia (excluding Singapore)$'000	–	2,850	–	502	PDF p. 100
Total continuing operations$'000	350	4,356	11,295	5,058	PDF p. 100
Discontinued operation
Asia (excluding Singapore)$'000	–	–	–	609	PDF p. 100
Total including discontinued operation$'000	350	4,356	11,295	5,667	PDF p. 100

Notes

Based on the geographical location of customers and assets. Non-current assets include property, plant and equipment, right-of-use assets and investment property.

Debt

Borrowings

Liquidity risk – contractual undiscounted cash flow maturity profile

Liquidity risk – contractual undiscounted cash flow maturity profile — Group
Item / unit	2026Within 1 year	20262 to 5 years	2026More than 5 years	2026Total	Source
Group 2026
Loans and borrowings$'000	2,249	624	–	2,873	PDF p. 105
Lease liabilities$'000	12	1	–	13	PDF p. 105

Notes

Based on contractual undiscounted cash flows.

Liquidity risk – Group 2025 maturity profile

Liquidity risk – Group 2025 maturity profile — Group
Item / unit	2025Within 1 year	20252 to 5 years	2025More than 5 years	2025Total	Source
Group 2025
Loans and borrowings$'000	627	2,564	–	3,191	PDF p. 105
Lease liabilities$'000	67	233	304	604	PDF p. 105

Notes

Based on contractual undiscounted cash flows.

Liquidity risk – Company 2026 maturity profile

Liquidity risk – Company 2026 maturity profile — Company
Item / unit	2026Within 1 year	20262 to 5 years	2026More than 5 years	2026Total	Source
Company 2026
Loans and borrowings$'000	1,585	–	–	1,585	PDF p. 105

Notes

Based on contractual undiscounted cash flows.

Liquidity risk – Company 2025 maturity profile

Liquidity risk – Company 2025 maturity profile — Company
Item / unit	2025Within 1 year	20252 to 5 years	2025More than 5 years	2025Total	Source
Company 2025
Loans and borrowings$'000	128	1,585	–	1,713	PDF p. 105

Notes

Based on contractual undiscounted cash flows.

Borrowing notes 5 tables

Loans and borrowings

Loans and borrowings
Item / unit	2026Group	2025Group (Restated)	2026Company	2025Company (Restated)	Source
Non-current
Term loan - secured (Note a)$'000	–	933	–	–	PDF p. 84
Redeemable convertible bond$'000	–	1,505	–	1,505	PDF p. 84
Non-current total$'000	–	2,438	–	1,505	PDF p. 84
Current
Term loan – secured (Note a)$'000	–	261	–	–	PDF p. 84
Temporary bridging loan – unsecured (Note b)$'000	–	138	–	–	PDF p. 84
Individual loans – unsecured (Note c)$'000	260	–	–	–	PDF p. 84
Redeemable convertible bond (Note d)$'000	1,505	–	1,505	–	PDF p. 84
Current total$'000	1,765	399	1,505	–	PDF p. 84
Total
Total loans and borrowings$'000	1,765	2,837	1,505	1,505	PDF p. 84

Notes

(a) Term loan (secured): repayable by monthly instalment, due 26 February 2028; corporate guarantee from the Company; interest rate 6.90% per annum (1% below Enterprise Base Rate); secured by first mortgage over Group's leasehold property and leasehold land. Transferred to liabilities directly associated with assets held-for-sale at 31 March 2026.

(b) Temporary bridging loan (unsecured): due 4 June 2025; interest rate 4.75% per annum; corporate guarantee from the Company; fully repaid during the year.

(c) Individual loans: administrative fee of 5% at inception and interest rate at 2% per month; late payment 1.5% per month; maturities extended to 22 July 2026 and 3 August 2026.

(d) RCB: principal $1,500,000, maturity 30 November 2026, fixed interest 8.5% (2025: 8.5%) per annum; effective interest rate of host debt 9.2% (2025: 9.2%).

2025 comparatives restated (Note 33).

Note 17(c) Individual loans (unsecured)

Note 17(c) Individual loans (unsecured)
Item / unit	2026Group	2025Group	2026Company	2025Company	Source
Individual loans
Loans from spouse of a key management personnel$'000	186	–	–	–	PDF p. 85
Loan from an employee of the Group$'000	74	–	–	–	PDF p. 85
Total individual loans$'000	260	–	–	–	PDF p. 85

Note 17(d) Redeemable convertible bond composition

Note 17(d) Redeemable convertible bond composition
Item / unit	2026Group and Company	2025Group and Company (Restated)	Source
Redeemable convertible bond
Host debt at amortised cost$'000	1,497	1,493	PDF p. 85
Derivative financial instruments at fair value through profit or loss$'000	8	12	PDF p. 85

Notes

RCB maturity 30 November 2026, fixed interest 8.5% (2025: 8.5%) per annum.

Floating rate loans and borrowings

Floating rate loans and borrowings
Item / unit	2026Group	2025Group	Source
Floating rate
Loans and borrowings$'000	902	1,194	PDF p. 107

Financial liabilities at amortised cost – borrowings and lease liabilities

Financial liabilities at amortised cost – borrowings and lease liabilities
Item / unit	2026Group	2025Group	2026Company	2025Company	Source
Financial liabilities at amortised cost
Lease liabilities$'000	12	442	–	–	PDF p. 108

Notes

Loans and borrowings (excluding derivative financial instruments) (Restated) were 1,757 / 2,825 / 1,497 / 1,493; row label wraps across lines.

Payout

Dividends & distributions

Dividend policy

Item	Value	Period / scope	Source
Dividend policy	The Company does not have a fixed dividend policy at present. The frequency and amount of dividends declared each year will take into consideration the Group’s profit growth, cash position, projected capital requirements for business growth and other factors as the Board may deem appropriate.	Company	PDF p. 27

Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.

Auditor’s report

Audit & risk signals

Audit opinion

Item	Value	Period / scope	Source
Audit firm	Foo Kon Tan LLP	Group	PDF p. 42
Engagement partner	Mr. Chin Bo Wui	Group	PDF p. 42
Opinion	Our opinion is not modified in respect of this matter.	Group and Company · As at 2026-03-31	PDF p. 37

Going concern

Item	Value	Period / scope	Source
Material Uncertainty Related to Going Concern	indicate that a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern	Group · As at 2026-03-31	PDF p. 37
Going concern (Note 2(a))	The events or conditions set out above indicate that a material uncertainty exists that may cast significant doubt on the Group’s ability to continue as a going concern.	Group · As at 2026-03-31	PDF p. 49

Key audit matters

Item	Value	Period / scope	Source
Key audit matter (1)	Revenue recognition – Sale of power generators (Note 20)	Group	PDF p. 38
Key audit matter (2)	Impairment assessment of trade and other receivables and contract assets (Note 9 and 11)	Group · As at 2026-03-31	PDF p. 38
Key audit matter (3)	Impairment assessment of investment in subsidiaries (Note 7)	Group · As at 2026-03-31	PDF p. 39
Key audit matter (4)	Significant related party transactions and possible non-compliance with the Singapore Companies Act 1967 and the Singapore Exchange Securities Trading Limited (“SGX-ST”) Listing Manual (Notes 27 and 28(iv))	Group	PDF p. 39

Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.

How to read these figures

Group and parent company or bank figures are labelled separately. Parentheses indicate negative amounts; a dash and NA retain the report’s notation.

Comparative figures follow ANNUAL REPORT 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

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