Nam Lee Metal G0I
SGD 0.52
+0.00% +0.00 Updated 28 Oct 2026, 17:16 SGT
Financials
Nam Lee Annual Report 2025
Explore the statements
26 tablesGroup profit or loss
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group profit or loss | |||
| RevenueSGD thousand | 208,595 | 180,273 | PDF p. 88 |
| Cost of salesSGD thousand | (157,538) | (145,881) | PDF p. 88 |
| Gross profitSGD thousand | 51,057 | 34,392 | PDF p. 88 |
| Selling and distribution expensesSGD thousand | (2,287) | (2,253) | PDF p. 88 |
| Administrative expensesSGD thousand | (15,034) | (11,674) | PDF p. 88 |
| Other operating expensesSGD thousand | (2,026) | (3,363) | PDF p. 88 |
| Operating profitSGD thousand | 31,710 | 17,102 | PDF p. 88 |
| Interest incomeSGD thousand | 34 | 19 | PDF p. 88 |
| Finance costsSGD thousand | (2,072) | (2,130) | PDF p. 88 |
| Other incomeSGD thousand | 1,110 | 1,018 | PDF p. 88 |
| Profit before taxSGD thousand | 30,782 | 16,009 | PDF p. 88 |
| Income tax expenseSGD thousand | (5,969) | (3,768) | PDF p. 88 |
| Profit for the yearSGD thousand | 24,813 | 12,241 | PDF p. 88 |
| Owners of the CompanySGD thousand | 24,813 | 12,241 | PDF p. 88 |
| Total profit attributable to ownersSGD thousand | 24,813 | 12,241 | PDF p. 88 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 88 ↗
Group earnings per share
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group profit or loss | |||
| Basic earnings per shareSGD cents per share | 10.25 | 5.06 | PDF p. 88 |
| Diluted earnings per shareSGD cents per share | 10.25 | 5.06 | PDF p. 88 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 88 ↗
Group comprehensive income
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group comprehensive income | |||
| Profit for the yearSGD thousand | 24,813 | 12,241 | PDF p. 89 |
| Foreign currency translationSGD thousand | (857) | 3,744 | PDF p. 89 |
| Other comprehensive income for the year, net of taxSGD thousand | (857) | 3,744 | PDF p. 89 |
| Total comprehensive income for the year, net of taxSGD thousand | 23,956 | 15,985 | PDF p. 89 |
| Owners of the CompanySGD thousand | 23,956 | 15,985 | PDF p. 89 |
| Total comprehensive income attributable to ownersSGD thousand | 23,956 | 15,985 | PDF p. 89 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 89 ↗
Group and Company financial position
35 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Group and Company financial position | |||||
| Property, plant and equipmentSGD thousand | 59,387 | 63,579 | 28,854 | 30,869 | PDF p. 90 |
| Right-of-use assetsSGD thousand | 8,671 | 8,814 | 8,096 | 8,644 | PDF p. 90 |
| Quoted securitiesSGD thousand | * | * | * | * | PDF p. 90 |
| Investment in subsidiariesSGD thousand | – | – | 31,749 | 31,749 | PDF p. 90 |
| Deferred tax assetsSGD thousand | 364 | 393 | – | – | PDF p. 90 |
| Total non-current assetsSGD thousand | 68,422 | 72,786 | 68,699 | 71,262 | PDF p. 90 |
| InventoriesSGD thousand | 63,236 | 63,564 | 10,563 | 7,983 | PDF p. 90 |
| Trade receivablesSGD thousand | 63,924 | 51,444 | 48,316 | 30,557 | PDF p. 90 |
| Contract assetsSGD thousand | 15,927 | 14,521 | – | – | PDF p. 90 |
| Other receivables and depositsSGD thousand | 1,874 | 2,126 | 247 | 214 | PDF p. 90 |
| PrepaymentsSGD thousand | 779 | 740 | 225 | 156 | PDF p. 90 |
| Amounts due from subsidiaries (non-trade)SGD thousand | – | – | 35,877 | 52,781 | PDF p. 90 |
| DerivativesSGD thousand | 238 | 137 | 238 | 137 | PDF p. 90 |
| Tax recoverableSGD thousand | 898 | 417 | – | – | PDF p. 90 |
| Cash and fixed depositsSGD thousand | 32,053 | 31,032 | 18,663 | 16,619 | PDF p. 90 |
| Total current assetsSGD thousand | 178,929 | 163,981 | 114,129 | 108,447 | PDF p. 90 |
| Total assetsSGD thousand | 247,351 | 236,767 | 182,828 | 179,709 | PDF p. 90 |
| Trade payablesSGD thousand | 7,058 | 6,250 | 37,871 | 25,061 | PDF p. 90 |
| Other payables and accrualsSGD thousand | 24,574 | 16,940 | 11,969 | 7,343 | PDF p. 90 |
| Provision for warrantySGD thousand | 1,600 | 1,157 | – | – | PDF p. 90 |
| Loans and borrowingsSGD thousand | 10,570 | 30,590 | 9,593 | 22,829 | PDF p. 90 |
| Lease liabilities — currentSGD thousand | 463 | 560 | 256 | 430 | PDF p. 90 |
| Income tax payablesSGD thousand | 4,339 | 1,870 | 1,052 | 530 | PDF p. 90 |
| Total current liabilitiesSGD thousand | 48,604 | 57,367 | 60,741 | 56,193 | PDF p. 90 |
| Lease liabilities — non-currentSGD thousand | 9,901 | 9,880 | 9,526 | 9,774 | PDF p. 90 |
| Deferred tax liabilitiesSGD thousand | 1,771 | 1,560 | 478 | 502 | PDF p. 90 |
| Total non-current liabilitiesSGD thousand | 11,672 | 11,440 | 10,004 | 10,276 | PDF p. 90 |
| Total liabilitiesSGD thousand | 60,276 | 68,807 | 70,745 | 66,469 | PDF p. 90 |
| Net assetsSGD thousand | 187,075 | 167,960 | 112,083 | 113,240 | PDF p. 90 |
| Share capitalSGD thousand | 57,582 | 57,582 | 57,582 | 57,582 | PDF p. 90 |
| Treasury sharesSGD thousand | (532) | (532) | (532) | (532) | PDF p. 90 |
| Retained earningsSGD thousand | 140,830 | 120,858 | 55,033 | 56,190 | PDF p. 90 |
| Capital reserveSGD thousand | 104 | 104 | – | – | PDF p. 90 |
| Foreign currency translation reserveSGD thousand | (10,909) | (10,052) | – | – | PDF p. 90 |
| Total equitySGD thousand | 187,075 | 167,960 | 112,083 | 113,240 | PDF p. 90 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 90 ↗
Group cash flows
36 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Group cash flows | |||
| Profit before taxSGD thousand | 30,782 | 16,009 | PDF p. 95 |
| Depreciation of property, plant and equipmentSGD thousand | 5,246 | 4,680 | PDF p. 95 |
| Depreciation of right-of-use assetsSGD thousand | 640 | 601 | PDF p. 95 |
| (Gain)/Loss on disposal of property, plant and equipment, netSGD thousand | (23) | 2 | PDF p. 95 |
| Property, plant and equipment written offSGD thousand | 9 | – | PDF p. 95 |
| Gain on derecognition of right-of-use assetsSGD thousand | (1) | (4) | PDF p. 95 |
| Fair value loss on derivativesSGD thousand | 36 | 108 | PDF p. 95 |
| Finance costsSGD thousand | 2,072 | 2,130 | PDF p. 95 |
| Interest incomeSGD thousand | (34) | (19) | PDF p. 95 |
| Provision for warrantySGD thousand | 443 | 225 | PDF p. 95 |
| Allowance for expected credit lossSGD thousand | – | 71 | PDF p. 95 |
| (Write back of)/Provision for onerous contractsSGD thousand | (26) | 50 | PDF p. 95 |
| Write back of inventory obsolescence and slow movingSGD thousand | – | (44) | PDF p. 95 |
| Foreign currency translation adjustmentSGD thousand | (430) | 2,288 | PDF p. 95 |
| Operating cash flows before changes in working capitalSGD thousand | 38,714 | 26,097 | PDF p. 95 |
| Decrease/(Increase) in inventoriesSGD thousand | 330 | (927) | PDF p. 95 |
| Increase in receivables and contract assetsSGD thousand | (13,673) | (17,446) | PDF p. 95 |
| Increase/(Decrease) in payablesSGD thousand | 8,366 | (3,642) | PDF p. 95 |
| Increase in derivativesSGD thousand | (137) | (29) | PDF p. 95 |
| Cash flows generated from operationsSGD thousand | 33,600 | 4,053 | PDF p. 95 |
| Income taxes paidSGD thousand | (3,701) | (1,193) | PDF p. 95 |
| Interest receivedSGD thousand | 34 | 19 | PDF p. 95 |
| Net cash flows generated from operating activitiesSGD thousand | 29,933 | 2,879 | PDF p. 95 |
| Purchase of property, plant and equipmentSGD thousand | (1,604) | (5,678) | PDF p. 95 |
| Proceeds from disposal of property, plant and equipmentSGD thousand | 39 | 126 | PDF p. 95 |
| Net cash flows used in investing activitiesSGD thousand | (1,565) | (5,552) | PDF p. 95 |
| Increase in pledged depositsSGD thousand | – | (5) | PDF p. 95 |
| Interest paidSGD thousand | (1,966) | (1,755) | PDF p. 95 |
| Payment of principal portion of lease liabilitiesSGD thousand | (572) | (485) | PDF p. 95 |
| Net (repayment of)/proceeds from loans and borrowingsSGD thousand | (20,020) | 9,317 | PDF p. 95 |
| Dividends paid on ordinary sharesSGD thousand | (4,841) | (605) | PDF p. 95 |
| Net cash flows (used in)/generated from financing activitiesSGD thousand | (27,399) | 6,467 | PDF p. 95 |
| Net increase in cash and cash equivalentsSGD thousand | 969 | 3,794 | PDF p. 95 |
| Cash and cash equivalents at 1 OctoberSGD thousand | 30,838 | 27,483 | PDF p. 95 |
| Effect of exchange rate changes on cash and cash equivalentsSGD thousand | 93 | (439) | PDF p. 95 |
| Cash and cash equivalents at 30 SeptemberSGD thousand | 31,900 | 30,838 | PDF p. 95 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 95 ↗
Group changes in equity 2025
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025GroupShare capital | 2025GroupTreasury shares | 2025GroupRetained earnings | 2025GroupCapital reserve | 2025GroupForeign currency translation reserve | 2025GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|
| Group changes in equity 2025 | |||||||
| At 1 October 2024SGD thousand | 57,582 | (532) | 120,858 | 104 | (10,052) | 167,960 | PDF p. 91 |
| Profit for the yearSGD thousand | – | – | 24,813 | – | – | 24,813 | PDF p. 91 |
| Foreign currency translationSGD thousand | – | – | – | – | (857) | (857) | PDF p. 91 |
| Total comprehensive income for the year, net of taxSGD thousand | – | – | 24,813 | – | (857) | 23,956 | PDF p. 91 |
| Dividends on ordinary sharesSGD thousand | – | – | (4,841) | – | – | (4,841) | PDF p. 91 |
| At 30 September 2025SGD thousand | 57,582 | (532) | 140,830 | 104 | (10,909) | 187,075 | PDF p. 91 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 91 ↗
Group changes in equity 2024
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024GroupShare capital | 2024GroupTreasury shares | 2024GroupRetained earnings | 2024GroupCapital reserve | 2024GroupForeign currency translation reserve | 2024GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|
| Group changes in equity 2024 | |||||||
| At 1 October 2023SGD thousand | 57,582 | (532) | 109,222 | 104 | (13,796) | 152,580 | PDF p. 92 |
| Profit for the yearSGD thousand | – | – | 12,241 | – | – | 12,241 | PDF p. 92 |
| Foreign currency translationSGD thousand | – | – | – | – | 3,744 | 3,744 | PDF p. 92 |
| Total comprehensive income for the year, net of taxSGD thousand | – | – | 12,241 | – | 3,744 | 15,985 | PDF p. 92 |
| Dividends on ordinary sharesSGD thousand | – | – | (605) | – | – | (605) | PDF p. 92 |
| At 30 September 2024SGD thousand | 57,582 | (532) | 120,858 | 104 | (10,052) | 167,960 | PDF p. 92 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 92 ↗
Company changes in equity 2025
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025CompanyShare capital | 2025CompanyTreasury shares | 2025CompanyRetained earnings | 2025CompanyTotal equity | Source |
|---|---|---|---|---|---|
| Company changes in equity 2025 | |||||
| At 1 October 2024SGD thousand | 57,582 | (532) | 56,190 | 113,240 | PDF p. 93 |
| Profit for the year, representing total comprehensive income for the year, net of taxSGD thousand | – | – | 3,684 | 3,684 | PDF p. 93 |
| Dividends on ordinary sharesSGD thousand | – | – | (4,841) | (4,841) | PDF p. 93 |
| At 30 September 2025SGD thousand | 57,582 | (532) | 55,033 | 112,083 | PDF p. 93 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 93 ↗
Company changes in equity 2024
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024CompanyShare capital | 2024CompanyTreasury shares | 2024CompanyRetained earnings | 2024CompanyTotal equity | Source |
|---|---|---|---|---|---|
| Company changes in equity 2024 | |||||
| At 1 October 2023SGD thousand | 57,582 | (532) | 56,497 | 113,547 | PDF p. 94 |
| Profit for the year, representing total comprehensive income for the year, net of taxSGD thousand | – | – | 298 | 298 | PDF p. 94 |
| Dividends on ordinary sharesSGD thousand | – | – | (605) | (605) | PDF p. 94 |
| At 30 September 2024SGD thousand | 57,582 | (532) | 56,190 | 113,240 | PDF p. 94 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 94 ↗
Cash and fixed deposits — Note30
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Cash and fixed deposits — Note30 | |||||
| Fixed depositsSGD thousand | 613 | 194 | – | – | PDF p. 134 |
| Cash at bank and on handSGD thousand | 31,440 | 30,838 | 18,663 | 16,619 | PDF p. 134 |
| Total cash and fixed depositsSGD thousand | 32,053 | 31,032 | 18,663 | 16,619 | PDF p. 134 |
| Less: fixed deposit pledgedSGD thousand | (153) | (194) | – | – | PDF p. 134 |
| Total cash and cash equivalentsSGD thousand | 31,900 | 30,838 | 18,663 | 16,619 | PDF p. 134 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 134 ↗
Cash and fixed deposits denominated in United States Dollar — Note30
1 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | 2025Company | 2024Company | Source |
|---|---|---|---|---|---|
| Cash and fixed deposits denominated in United States Dollar — Note30 | |||||
| United States DollarSGD thousand | 8,880 | 10,537 | 8,874 | 10,528 | PDF p. 134 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 134 ↗
Earnings per share computation — Note9
3 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Earnings per share computation — Note9 | |||
| Profit for the year, net of tax, attributable to owners of the CompanySGD thousand | 24,813 | 12,241 | PDF p. 115 |
| Weighted average number of ordinary shares (excluding treasury shares)thousand shares | 242,056 | 242,056 | PDF p. 115 |
| Earnings per share — basic and dilutedSGD cents per share | 10.25 | 5.06 | PDF p. 115 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 115 ↗
Five-year highlights as reported
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2021Group | 2022Group | 2023Group | 2024Group | 2025Group | Source |
|---|---|---|---|---|---|---|
| Five-year highlights as reported | ||||||
| TurnoverSGD million | 198.7 | 229.2 | 158.9 | 180.3 | 208.6 | PDF p. 15 |
| Gross profitSGD million | 32.4 | 29.3 | 14.8 | 34.4 | 51.1 | PDF p. 15 |
| Profit before taxSGD million | 20.3 | 13.5 | (0.5) | 16.0 | 30.8 | PDF p. 15 |
| Diluted earnings per shareSGD cents per share | 6.49 | 4.20 | (0.41) | 5.06 | 10.25 | PDF p. 15 |
| Net assets value per shareSGD cents per share | 65.34 | 66.60 | 63.03 | 69.39 | 77.29 | PDF p. 15 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 15 ↗
Group profit or loss — FY2024 original
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group profit or loss | |||
| RevenueSGD thousand | 180,273 | 158,906 | PDF p. 67 |
| Cost of salesSGD thousand | (145,881) | (144,076) | PDF p. 67 |
| Gross profitSGD thousand | 34,392 | 14,830 | PDF p. 67 |
| Selling and distribution expensesSGD thousand | (2,253) | (2,218) | PDF p. 67 |
| Administrative expensesSGD thousand | (11,674) | (8,833) | PDF p. 67 |
| Other operating expensesSGD thousand | (3,363) | (3,646) | PDF p. 67 |
| Operating profitSGD thousand | 17,102 | 133 | PDF p. 67 |
| Interest incomeSGD thousand | 19 | 11 | PDF p. 67 |
| Finance costsSGD thousand | (2,130) | (2,005) | PDF p. 67 |
| Other incomeSGD thousand | 1,018 | 1,325 | PDF p. 67 |
| Profit before taxSGD thousand | 16,009 | (536) | PDF p. 67 |
| Income tax expenseSGD thousand | (3,768) | (468) | PDF p. 67 |
| Profit for the yearSGD thousand | 12,241 | (1,004) | PDF p. 67 |
| Owners of the CompanySGD thousand | 12,241 | (1,004) | PDF p. 67 |
| Total profit attributable to ownersSGD thousand | 12,241 | (1,004) | PDF p. 67 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 67 ↗
Group earnings per share — FY2024 original
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group profit or loss | |||
| Basic earnings per shareSGD cents per share | 5.06 | (0.41) | PDF p. 67 |
| Diluted earnings per shareSGD cents per share | 5.06 | (0.41) | PDF p. 67 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 67 ↗
Group comprehensive income — FY2024 original
6 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group comprehensive income | |||
| Profit for the yearSGD thousand | 12,241 | (1,004) | PDF p. 68 |
| Foreign currency translationSGD thousand | 3,744 | (2,774) | PDF p. 68 |
| Other comprehensive income for the year, net of taxSGD thousand | 3,744 | (2,774) | PDF p. 68 |
| Total comprehensive income for the year, net of taxSGD thousand | 15,985 | (3,778) | PDF p. 68 |
| Owners of the CompanySGD thousand | 15,985 | (3,778) | PDF p. 68 |
| Total comprehensive income attributable to ownersSGD thousand | 15,985 | (3,778) | PDF p. 68 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 68 ↗
Group and Company financial position — FY2024 original
36 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | 2024Company | 2023Company | Source |
|---|---|---|---|---|---|
| Group and Company financial position | |||||
| Property, plant and equipmentSGD thousand | 63,579 | 60,543 | 30,869 | 28,028 | PDF p. 69 |
| Right-of-use assetsSGD thousand | 8,814 | 9,248 | 8,644 | 9,199 | PDF p. 69 |
| Quoted securitiesSGD thousand | * | * | * | * | PDF p. 69 |
| Investment in subsidiariesSGD thousand | – | – | 31,749 | 31,763 | PDF p. 69 |
| Deferred tax assetsSGD thousand | 393 | 866 | – | – | PDF p. 69 |
| Total non-current assetsSGD thousand | 72,786 | 70,657 | 71,262 | 68,990 | PDF p. 69 |
| InventoriesSGD thousand | 63,564 | 62,602 | 7,983 | 4,319 | PDF p. 69 |
| Trade receivablesSGD thousand | 51,444 | 34,227 | 30,557 | 13,903 | PDF p. 69 |
| Contract assetsSGD thousand | 14,521 | 13,774 | – | – | PDF p. 69 |
| Other receivables and depositsSGD thousand | 2,126 | 1,780 | 214 | 94 | PDF p. 69 |
| PrepaymentsSGD thousand | 740 | 1,675 | 156 | 143 | PDF p. 69 |
| Amounts due from subsidiaries (non-trade)SGD thousand | – | – | 52,781 | 56,817 | PDF p. 69 |
| DerivativesSGD thousand | 137 | 216 | 137 | 216 | PDF p. 69 |
| Tax recoverableSGD thousand | 417 | 1,091 | – | – | PDF p. 69 |
| Cash and fixed depositsSGD thousand | 31,032 | 27,659 | 16,619 | 15,399 | PDF p. 69 |
| Total current assetsSGD thousand | 163,981 | 143,024 | 108,447 | 90,891 | PDF p. 69 |
| Total assetsSGD thousand | 236,767 | 213,681 | 179,709 | 159,881 | PDF p. 69 |
| Trade payablesSGD thousand | 6,250 | 6,648 | 25,061 | 17,549 | PDF p. 69 |
| Other payables and accrualsSGD thousand | 16,940 | 19,757 | 7,343 | 5,619 | PDF p. 69 |
| Provision for warrantySGD thousand | 1,157 | 932 | – | – | PDF p. 69 |
| Loans and borrowingsSGD thousand | 30,590 | 18,300 | 22,829 | 9,472 | PDF p. 69 |
| Lease liabilities — currentSGD thousand | 560 | 468 | 430 | 353 | PDF p. 69 |
| Income tax payablesSGD thousand | 1,870 | 459 | 530 | – | PDF p. 69 |
| Total current liabilitiesSGD thousand | 57,367 | 46,564 | 56,193 | 32,993 | PDF p. 69 |
| Loans and borrowings — non-currentSGD thousand | – | 2,973 | – | 2,973 | PDF p. 69 |
| Lease liabilities — non-currentSGD thousand | 9,880 | 10,061 | 9,774 | 9,978 | PDF p. 69 |
| Deferred tax liabilitiesSGD thousand | 1,560 | 1,503 | 502 | 390 | PDF p. 69 |
| Total non-current liabilitiesSGD thousand | 11,440 | 14,537 | 10,276 | 13,341 | PDF p. 69 |
| Total liabilitiesSGD thousand | 68,807 | 61,101 | 66,469 | 46,334 | PDF p. 69 |
| Net assetsSGD thousand | 167,960 | 152,580 | 113,240 | 113,547 | PDF p. 69 |
| Share capitalSGD thousand | 57,582 | 57,582 | 57,582 | 57,582 | PDF p. 69 |
| Treasury sharesSGD thousand | (532) | (532) | (532) | (532) | PDF p. 69 |
| Retained earningsSGD thousand | 120,858 | 109,222 | 56,190 | 56,497 | PDF p. 69 |
| Capital reserveSGD thousand | 104 | 104 | – | – | PDF p. 69 |
| Foreign currency translation reserveSGD thousand | (10,052) | (13,796) | – | – | PDF p. 69 |
| Total equitySGD thousand | 167,960 | 152,580 | 113,240 | 113,547 | PDF p. 69 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 69 ↗
Group cash flows — FY2024 original
36 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Group cash flows | |||
| Profit/(Loss) before taxSGD thousand | 16,009 | (536) | PDF p. 74 |
| Depreciation of property, plant and equipmentSGD thousand | 4,680 | 4,769 | PDF p. 74 |
| Depreciation of right-of-use assetsSGD thousand | 601 | 813 | PDF p. 74 |
| Loss/(Gain) on disposal of property, plant and equipment, netSGD thousand | 2 | (30) | PDF p. 74 |
| Property, plant and equipment written offSGD thousand | – | 42 | PDF p. 74 |
| Gain on derecognition of right-of-use assetsSGD thousand | (4) | (8) | PDF p. 74 |
| Fair value loss/(gain) on derivativesSGD thousand | 108 | 263 | PDF p. 74 |
| Finance costsSGD thousand | 2,130 | 2,005 | PDF p. 74 |
| Interest income from fixed depositsSGD thousand | (19) | (11) | PDF p. 74 |
| Provision/(Reversal of) for warrantySGD thousand | 225 | (165) | PDF p. 74 |
| Allowance for expected credit lossSGD thousand | 71 | 3 | PDF p. 74 |
| Provision for/(Write back of) onerous contractsSGD thousand | 50 | (246) | PDF p. 74 |
| (Write back of)/Allowance for inventory obsolescence and slow movingSGD thousand | (44) | 128 | PDF p. 74 |
| Foreign currency translation adjustmentSGD thousand | 2,288 | (62) | PDF p. 74 |
| Operating cash flows before changes in working capitalSGD thousand | 26,097 | 6,965 | PDF p. 74 |
| (Increase)/Decrease in inventoriesSGD thousand | (927) | 16,249 | PDF p. 74 |
| (Increase)/Decrease in receivables and contract assetsSGD thousand | (17,446) | 12,916 | PDF p. 74 |
| Decrease in payablesSGD thousand | (3,642) | (1,381) | PDF p. 74 |
| Decrease in derivativesSGD thousand | (29) | (744) | PDF p. 74 |
| Cash flows generated from operationsSGD thousand | 4,053 | 34,005 | PDF p. 74 |
| Income taxes paidSGD thousand | (1,193) | (1,222) | PDF p. 74 |
| Interest receivedSGD thousand | 19 | 11 | PDF p. 74 |
| Interest paidSGD thousand | (1,755) | (1,833) | PDF p. 74 |
| Net cash flows generated from operating activitiesSGD thousand | 1,124 | 30,961 | PDF p. 74 |
| Purchase of property, plant and equipmentSGD thousand | (5,678) | (5,312) | PDF p. 74 |
| Proceeds from disposal of property, plant and equipmentSGD thousand | 126 | 230 | PDF p. 74 |
| Net cash flows used in investing activitiesSGD thousand | (5,552) | (5,082) | PDF p. 74 |
| Increase in pledged depositsSGD thousand | (5) | (4) | PDF p. 74 |
| Payment of principal portion of lease liabilitiesSGD thousand | (485) | (659) | PDF p. 74 |
| Net proceeds from/(repayment of) loans and borrowingsSGD thousand | 9,317 | (22,607) | PDF p. 74 |
| Dividends paid on ordinary sharesSGD thousand | (605) | (4,841) | PDF p. 74 |
| Net cash flows (used in)/generated from financing activitiesSGD thousand | 8,222 | (28,111) | PDF p. 74 |
| Net increase/(decrease) in cash and cash equivalentsSGD thousand | 3,794 | (2,232) | PDF p. 74 |
| Cash and cash equivalents at 1 OctoberSGD thousand | 27,483 | 30,606 | PDF p. 74 |
| Effect of exchange rate changes on cash and cash equivalentsSGD thousand | (439) | (891) | PDF p. 74 |
| Cash and cash equivalents at 30 SeptemberSGD thousand | 30,838 | 27,483 | PDF p. 74 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 74 ↗
Group profit or loss — FY2022 original
15 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Group profit or loss | |||
| RevenueSGD thousand | 229,153 | 198,687 | PDF p. 47 |
| Cost of salesSGD thousand | (199,847) | (166,297) | PDF p. 47 |
| Gross profitSGD thousand | 29,306 | 32,390 | PDF p. 47 |
| Selling and distribution expensesSGD thousand | (2,583) | (2,627) | PDF p. 47 |
| Administrative expensesSGD thousand | (11,360) | (12,753) | PDF p. 47 |
| Other operating expensesSGD thousand | (2,252) | (2,681) | PDF p. 47 |
| Operating profitSGD thousand | 13,111 | 14,329 | PDF p. 47 |
| Interest incomeSGD thousand | 38 | 61 | PDF p. 47 |
| Finance costsSGD thousand | (1,803) | (1,029) | PDF p. 47 |
| Other incomeSGD thousand | 2,197 | 6,889 | PDF p. 47 |
| Profit before taxSGD thousand | 13,543 | 20,250 | PDF p. 47 |
| Income tax expenseSGD thousand | (3,386) | (4,534) | PDF p. 47 |
| Profit for the yearSGD thousand | 10,157 | 15,716 | PDF p. 47 |
| Owners of the CompanySGD thousand | 10,157 | 15,716 | PDF p. 47 |
| Total profit attributable to ownersSGD thousand | 10,157 | 15,716 | PDF p. 47 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 47 ↗
Group earnings per share — FY2022 original
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Group profit or loss | |||
| Basic earnings per shareSGD cents per share | 4.20 | 6.49 | PDF p. 47 |
| Diluted earnings per shareSGD cents per share | 4.20 | 6.49 | PDF p. 47 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 47 ↗
Group comprehensive income — FY2022 original
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Group comprehensive income | |||
| Profit for the yearSGD thousand | 10,157 | 15,716 | PDF p. 48 |
| Foreign currency translationSGD thousand | (2,267) | (453) | PDF p. 48 |
| Fair value adjustment on quoted securitiesSGD thousand | – | (1) | PDF p. 48 |
| Other comprehensive income for the year, net of taxSGD thousand | (2,267) | (454) | PDF p. 48 |
| Total comprehensive income for the year, net of taxSGD thousand | 7,890 | 15,262 | PDF p. 48 |
| Owners of the CompanySGD thousand | 7,890 | 15,262 | PDF p. 48 |
| Total comprehensive income attributable to ownersSGD thousand | 7,890 | 15,262 | PDF p. 48 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 48 ↗
Group and Company financial position — FY2022 original
39 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | 2022Company | 2021Company | Source |
|---|---|---|---|---|---|
| Group and Company financial position | |||||
| Property, plant and equipmentSGD thousand | 62,050 | 63,770 | 26,243 | 25,852 | PDF p. 49 |
| Right-of-use assetsSGD thousand | 10,021 | 11,287 | 9,724 | 10,288 | PDF p. 49 |
| Quoted securitiesSGD thousand | 2 | 2 | 2 | 2 | PDF p. 49 |
| Investment in subsidiariesSGD thousand | – | – | 11,814 | 5,654 | PDF p. 49 |
| Deferred tax assetsSGD thousand | 384 | 456 | – | – | PDF p. 49 |
| Total non-current assetsSGD thousand | 72,457 | 75,515 | 47,783 | 41,796 | PDF p. 49 |
| Quoted securities — currentSGD thousand | – | 1,252 | – | 1,252 | PDF p. 49 |
| InventoriesSGD thousand | 78,972 | 69,699 | 7,345 | 12,304 | PDF p. 49 |
| Trade receivablesSGD thousand | 50,810 | 37,960 | 33,811 | 28,417 | PDF p. 49 |
| Contract assetsSGD thousand | 9,037 | 5,779 | – | – | PDF p. 49 |
| Other receivables and depositsSGD thousand | 2,185 | 1,910 | 323 | 256 | PDF p. 49 |
| PrepaymentsSGD thousand | 2,343 | 2,334 | 298 | 630 | PDF p. 49 |
| Amounts due from subsidiaries (non-trade)SGD thousand | – | – | 79,121 | 75,936 | PDF p. 49 |
| DerivativesSGD thousand | 402 | 1,716 | 402 | 1,716 | PDF p. 49 |
| Tax recoverableSGD thousand | 1,160 | 924 | – | – | PDF p. 49 |
| Cash and fixed depositsSGD thousand | 30,789 | 25,241 | 23,923 | 18,438 | PDF p. 49 |
| Total current assetsSGD thousand | 175,698 | 146,815 | 145,223 | 138,949 | PDF p. 49 |
| Total assetsSGD thousand | 248,155 | 222,330 | 193,006 | 180,745 | PDF p. 49 |
| Trade payablesSGD thousand | 7,741 | 9,617 | 10,539 | 12,079 | PDF p. 49 |
| Other payables and accrualsSGD thousand | 20,119 | 21,141 | 4,646 | 11,121 | PDF p. 49 |
| Provision for warrantySGD thousand | 1,097 | 686 | – | – | PDF p. 49 |
| Loans and borrowingsSGD thousand | 38,030 | 8,326 | 33,519 | 8,253 | PDF p. 49 |
| Derivatives — current liabilitiesSGD thousand | 667 | – | 667 | – | PDF p. 49 |
| Lease liabilities — currentSGD thousand | 665 | 1,008 | 335 | 331 | PDF p. 49 |
| Income tax payablesSGD thousand | 806 | 2,516 | 142 | 2,372 | PDF p. 49 |
| Total current liabilitiesSGD thousand | 69,125 | 43,294 | 49,848 | 34,156 | PDF p. 49 |
| Loans and borrowings — non-currentSGD thousand | 5,850 | 8,775 | 5,850 | 8,775 | PDF p. 49 |
| Lease liabilities — non-currentSGD thousand | 10,491 | 10,970 | 10,292 | 10,628 | PDF p. 49 |
| Deferred tax liabilitiesSGD thousand | 1,490 | 1,141 | 400 | 388 | PDF p. 49 |
| Total non-current liabilitiesSGD thousand | 17,831 | 20,886 | 16,542 | 19,791 | PDF p. 49 |
| Total liabilitiesSGD thousand | 86,956 | 64,180 | 66,390 | 53,947 | PDF p. 49 |
| Net assetsSGD thousand | 161,199 | 158,150 | 126,616 | 126,798 | PDF p. 49 |
| Share capitalSGD thousand | 57,582 | 57,582 | 57,582 | 57,582 | PDF p. 49 |
| Treasury sharesSGD thousand | (532) | (532) | (532) | (532) | PDF p. 49 |
| Retained earningsSGD thousand | 115,071 | 109,755 | 69,570 | 69,752 | PDF p. 49 |
| Capital reserveSGD thousand | 104 | 104 | – | – | PDF p. 49 |
| Foreign currency translation reserveSGD thousand | (11,022) | (8,755) | – | – | PDF p. 49 |
| Fair value adjustment reserveSGD thousand | (4) | (4) | (4) | (4) | PDF p. 49 |
| Total equitySGD thousand | 161,199 | 158,150 | 126,616 | 126,798 | PDF p. 49 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 49 ↗
Group cash flows — FY2022 original
39 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Group cash flows | |||
| Profit before taxSGD thousand | 13,543 | 20,250 | PDF p. 54 |
| Depreciation of property, plant and equipmentSGD thousand | 5,094 | 4,894 | PDF p. 54 |
| Depreciation of right-of-use assetsSGD thousand | 1,117 | 1,457 | PDF p. 54 |
| (Gain)/loss on disposal of property, plant and equipment, netSGD thousand | (7) | 11 | PDF p. 54 |
| Property, plant and equipment written offSGD thousand | 23 | 22 | PDF p. 54 |
| Derecognition of right-of-use assetsSGD thousand | 28 | – | PDF p. 54 |
| Fair value gain on derivativesSGD thousand | (850) | (5,018) | PDF p. 54 |
| Finance costsSGD thousand | 1,803 | 1,029 | PDF p. 54 |
| Interest income from fixed depositsSGD thousand | (5) | (7) | PDF p. 54 |
| Interest income from quoted securitiesSGD thousand | (33) | (54) | PDF p. 54 |
| Provision for warranty and replacement cost, netSGD thousand | 411 | 674 | PDF p. 54 |
| Amortisation of bond premiumSGD thousand | 2 | 4 | PDF p. 54 |
| Provision for onerous contractsSGD thousand | 59 | 368 | PDF p. 54 |
| Provision for/(write back of) — net realizable value and slow movingSGD thousand | 52 | (201) | PDF p. 54 |
| Foreign currency translation adjustmentSGD thousand | (1,125) | 38 | PDF p. 54 |
| Operating cash flows before changes in working capitalSGD thousand | 20,112 | 23,467 | PDF p. 54 |
| Increase in inventoriesSGD thousand | (9,325) | (14,753) | PDF p. 54 |
| Increase in receivables and contract assetsSGD thousand | (16,392) | (11,804) | PDF p. 54 |
| (Decrease)/increase in payablesSGD thousand | (3,349) | 8,086 | PDF p. 54 |
| Increase in derivativesSGD thousand | 2,831 | 4,625 | PDF p. 54 |
| Cash flows (used in)/generated from operationsSGD thousand | (6,123) | 9,621 | PDF p. 54 |
| Income taxes paidSGD thousand | (4,919) | (1,641) | PDF p. 54 |
| Interest receivedSGD thousand | 5 | 7 | PDF p. 54 |
| Interest paidSGD thousand | (1,411) | (1,029) | PDF p. 54 |
| Net cash flows (used in)/generated from operating activitiesSGD thousand | (12,448) | 6,958 | PDF p. 54 |
| Purchase of property, plant and equipmentSGD thousand | (4,922) | (6,098) | PDF p. 54 |
| Proceeds from disposal of property, plant and equipmentSGD thousand | 125 | 166 | PDF p. 54 |
| Proceeds from quoted securitySGD thousand | 1,250 | 4,000 | PDF p. 54 |
| Interest income from quoted securitiesSGD thousand | 33 | 54 | PDF p. 54 |
| Net cash flows used in investing activitiesSGD thousand | (3,514) | (1,878) | PDF p. 54 |
| Increase in fixed deposit — pledgedSGD thousand | (3) | (4) | PDF p. 54 |
| Payment of principal portion of lease liabilitiesSGD thousand | (943) | (1,178) | PDF p. 54 |
| Net proceeds from loans and borrowingsSGD thousand | 26,779 | 5,401 | PDF p. 54 |
| Dividends paid on ordinary sharesSGD thousand | (4,841) | (3,631) | PDF p. 54 |
| Net cash flows generated from financing activitiesSGD thousand | 20,992 | 588 | PDF p. 54 |
| Net increase in cash and cash equivalentsSGD thousand | 5,030 | 5,668 | PDF p. 54 |
| Cash and cash equivalents at 1 OctoberSGD thousand | 25,052 | 19,395 | PDF p. 54 |
| Effect of exchange rate changes on cash and cash equivalentsSGD thousand | 524 | (11) | PDF p. 54 |
| Cash and cash equivalents at 30 SeptemberSGD thousand | 30,606 | 25,052 | PDF p. 54 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 54 ↗
Dividends — Note27
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group and Company | 2024Group and Company | Source |
|---|---|---|---|
| Dividends — Note27 | |||
| Final tax exempt one-tier dividend declared and paid during financial year — FY2024 1.5 cents per share / FY2023 0.25 cents per shareSGD thousand | 3,631 | 605 | PDF p. 132 |
| Special tax exempt one-tier dividend declared and paid during financial year — FY2024 0.5 cents per share / FY2023 nilSGD thousand | 1,210 | – | PDF p. 132 |
| Total dividends declared and paid during financial yearSGD thousand | 4,841 | 605 | PDF p. 132 |
| Proposed final tax exempt one-tier dividend not recognised as liability — FY2025 3.0 cents per share / FY2024 1.5 cents per shareSGD thousand | 7,262 | 3,631 | PDF p. 132 |
| Proposed special tax exempt one-tier dividend not recognised as liability — FY2025 nil / FY2024 0.5 cents per shareSGD thousand | – | 1,210 | PDF p. 132 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 132 ↗
Cash and fixed deposits — FY2024 original Note30
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | 2024Company | 2023Company | Source |
|---|---|---|---|---|---|
| Cash and fixed deposits — FY2024 original Note30 | |||||
| Fixed depositsSGD thousand | 194 | 176 | – | – | PDF p. 113 |
| Cash at bank and on handSGD thousand | 30,838 | 27,483 | 16,619 | 15,399 | PDF p. 113 |
| Total cash and fixed depositsSGD thousand | 31,032 | 27,659 | 16,619 | 15,399 | PDF p. 113 |
| Less: fixed deposit pledgedSGD thousand | (194) | (176) | – | – | PDF p. 113 |
| Total cash and cash equivalentsSGD thousand | 30,838 | 27,483 | 16,619 | 15,399 | PDF p. 113 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 113 ↗
Cash and fixed deposits — FY2022 original Note31
5 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | 2022Company | 2021Company | Source |
|---|---|---|---|---|---|
| Cash and fixed deposits — FY2022 original Note31 | |||||
| Fixed depositsSGD thousand | 183 | 189 | – | – | PDF p. 93 |
| Cash at bank and on handSGD thousand | 30,606 | 25,052 | 23,923 | 18,438 | PDF p. 93 |
| Total cash and fixed depositsSGD thousand | 30,789 | 25,241 | 23,923 | 18,438 | PDF p. 93 |
| Less: fixed deposit pledgedSGD thousand | (183) | (189) | – | – | PDF p. 93 |
| Total cash and cash equivalentsSGD thousand | 30,606 | 25,052 | 23,923 | 18,438 | PDF p. 93 |
No matching metrics in this statement. Try another term or clear the search.
Definitions & sources
Original report: PDF p. 93 ↗
Where the money comes from
Segment information
By business
Business segments (Note 34) - Group 6 lines
| Item / unit | 2025Aluminium | 2024Aluminium | 2025Mild steel and Stainless steel | 2024Mild steel and Stainless steel | 2025UPVC | 2024UPVC | 2025Adjustments | 2024Adjustments | 2025Consolidated | 2024Consolidated | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Segment revenue | |||||||||||
| Sales to external customers$'000 | 134,719 | 117,091 | 38,144 | 36,760 | 35,732 | 26,422 | – | – | 208,595 | 180,273 | PDF p. 150 |
| Results | |||||||||||
| Depreciation$'000 | (5,472) | (4,858) | (280) | (257) | (134) | (166) | – | – | (5,886) | (5,281) | PDF p. 150 |
| Segment results before tax$'000 | 8,752 | 8,705 | 12,304 | 5,472 | 10,654 | 2,925 | (928) | (1,093) | 30,782 | 16,009 | PDF p. 150 |
| Statements of financial position | |||||||||||
| Additions to non-current assets$'000 | 1,752 | 5,670 | 257 | 330 | 92 | 103 | – | – | 2,101 | 6,103 | PDF p. 150 |
| Segment assets$'000 | 177,270 | 166,222 | 41,925 | 40,905 | 27,792 | 29,247 | 364 | 393 | 247,351 | 236,767 | PDF p. 150 |
| Segment liabilities$'000 | 24,044 | 13,729 | 7,060 | 6,514 | 2,128 | 4,104 | 27,044 | 44,460 | 60,276 | 68,807 | PDF p. 150 |
Notes
* In the current year, the Group combined the Mild steel and Stainless steel segments into a single segment to streamline reporting. The comparative figures for the previous year have also been combined accordingly.
Adjustments column has a Note reference: (A) segment results, (B) segment assets, (C) segment liabilities. 'Additions to non-current assets' label wraps over two lines in source.
Note A - Reconciliation of segment results to profit before tax - Group 3 lines
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Note A | |||
| Interest income$'000 | 34 | 19 | PDF p. 151 |
| Finance costs$'000 | (2,072) | (2,130) | PDF p. 151 |
| Unallocated income$'000 | 1,110 | 1,018 | PDF p. 151 |
Notes
Total (928) (1,093) printed unlabelled.
Note B - Items added to segment assets - Group 1 lines
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Note B | |||
| Deferred tax assets$'000 | 364 | 393 | PDF p. 151 |
Note C - Items added to segment liabilities - Group 4 lines
| Item / unit | 2025Group | 2024Group | Source |
|---|---|---|---|
| Note C | |||
| Deferred tax liabilities$'000 | 1,771 | 1,560 | PDF p. 151 |
| Income tax payables$'000 | 4,339 | 1,870 | PDF p. 151 |
| Loans and borrowings$'000 | 10,570 | 30,590 | PDF p. 151 |
| Lease liabilities$'000 | 10,364 | 10,440 | PDF p. 151 |
Notes
Total 27,044 44,460 printed unlabelled.
By geography
Geographical information (Note 34) - Group 3 lines
| Item / unit | 2025Revenue from external customers | 2024Revenue from external customers | 2025Non-current assets | 2024Non-current assets | Source |
|---|---|---|---|---|---|
| Geographical information | |||||
| Singapore$'000 | 203,815 | 176,917 | 38,265 | 41,076 | PDF p. 152 |
| Malaysia$'000 | 4,780 | 3,356 | 29,793 | 31,317 | PDF p. 152 |
| Total (unlabelled)$'000 | 208,595 | 180,273 | 68,058 | 72,393 | PDF p. 152 |
Notes
Revenue and non-current assets, based on the geographical location of customers and non-current assets, respectively. Non-current assets comprise property, plant and equipment and right-of-use assets, as presented in the consolidated statement of financial position.
Major customers: revenue from two (2024: two) major customers amounted to 123 million (2024: $94 million) from the aluminium segment and $7 million (2024: $4 million) from the mild steel and stainless steel segment (printed text, '123 million' as printed).
Debt
Borrowings
Liquidity risk maturity profile, Group, 30 September 2025 (contractual undiscounted)
| Item / unit | 2025Group One year or less $'000 | 2025Group Two to five years $'000 | 2025Group More than five years $'000 | 2025Group Total $'000 | Source |
|---|---|---|---|---|---|
| Financial liabilities | |||||
| Loans and borrowings$'000 | 10,676 | – | – | 10,676 | PDF p. 135 |
| Lease liabilities$'000 | 1,061 | 3,426 | 12,519 | 17,006 | PDF p. 135 |
Notes
Based on contractual undiscounted repayment obligations.
Liquidity risk maturity profile, Group, 30 September 2024 (contractual undiscounted)
| Item / unit | 2024Group One year or less $'000 | 2024Group Two to five years $'000 | 2024Group More than five years $'000 | 2024Group Total $'000 | Source |
|---|---|---|---|---|---|
| Financial liabilities | |||||
| Loans and borrowings$'000 | 31,128 | – | – | 31,128 | PDF p. 136 |
| Lease liabilities$'000 | 1,191 | 3,266 | 13,234 | 17,691 | PDF p. 136 |
Notes
Based on contractual undiscounted repayment obligations.
Liquidity risk maturity profile, Company, 30 September 2025 (contractual undiscounted)
| Item / unit | 2025Company One year or less $'000 | 2025Company Two to five years $'000 | 2025Company More than five years $'000 | 2025Company Total $'000 | Source |
|---|---|---|---|---|---|
| Financial liabilities | |||||
| Loans and borrowings$'000 | 9,682 | – | – | 9,682 | PDF p. 137 |
| Lease liabilities$'000 | 838 | 3,039 | 12,519 | 16,396 | PDF p. 137 |
Notes
Based on contractual undiscounted repayment obligations.
Liquidity risk maturity profile, Company, 30 September 2024 (contractual undiscounted)
| Item / unit | 2024Company One year or less $'000 | 2024Company Two to five years $'000 | 2024Company More than five years $'000 | 2024Company Total $'000 | Source |
|---|---|---|---|---|---|
| Financial liabilities | |||||
| Loans and borrowings$'000 | 23,289 | – | – | 23,289 | PDF p. 138 |
| Lease liabilities$'000 | 1,051 | 3,153 | 13,234 | 17,438 | PDF p. 138 |
Notes
Based on contractual undiscounted repayment obligations.
Borrowing notes 1 tables
Loans and borrowings (current)
| Item / unit | 2025Group $'000 | 2024Group $'000 | 2025Company $'000 | 2024Company $'000 | Source |
|---|---|---|---|---|---|
| Current | |||||
| Term loan 1 (Note A)$'000 | – | 2,925 | – | 2,925 | PDF p. 127 |
| Term loan 2 (Note B)$'000 | – | 2,811 | – | 2,811 | PDF p. 127 |
| Trust receipts (Note C)$'000 | 10,570 | 24,854 | 9,593 | 17,093 | PDF p. 127 |
| Total current loans and borrowings (unlabelled subtotal)$'000 | 10,570 | 30,590 | 9,593 | 22,829 | PDF p. 127 |
Notes
Note A: The term loan is denominated in Singapore dollar (“SGD”) and has a maturity period of 5 years. The loan is secured by a leased building (Note 10) and bears an effective interest rate of 1.85% (2024: 1.85%) per annum. The loan was fully repaid during the year and the security discharged.
Note B: The term loan is denominated in Singapore dollar (“SGD”) and has a maturity period of 2.5 years. The loan is secured by a leased building (Note 10) and bears floating interest rate of SORA+1.37% per annum. The loan was fully repaid during the year and the security discharged.
Note C: Trust receipts are denominated in United States dollar (“USD”) and Singapore dollar (“SGD”) and have a range of maturity period between 4 to 6 months (2024: 4 to 6 months). The trust receipts bear a range of effective interest rate of 4.11% - 6.73% per annum (2024: 4.79% - 7.83%).
All borrowings are classified as current; no non-current borrowings are presented.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | The Company has adopted a dividend policy that aims to provide shareholders of the Company of not less than 33% of the net profit attributable to Shareholders excluding non-controlling interests and non-recurring, one-off and exceptional items. | Company dividend policy | PDF p. 71 |
| Dividend distribution approach | The Company aims to balance the distribution of dividends to shareholders with the funding needs of the Company. The Company strives to provide consistent dividend payments to its shareholders on an annual basis, taking into consideration the Group’s earnings, cash position, projected capital requirements for business growth and other factors as the Board may deem appropriate for prudent capital management and an efficient capital structure. | Company dividend policy | PDF p. 71 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Final tax exempt (one-tier) dividend for 2025 | 3.0 cents per share | FY2025 (year ended 30 September 2025), proposed, Group and Company; tax exempt (one-tier); subject to shareholders' approval at AGM; comparative 2024: 1.5 cents | PDF p. 132 |
| Final tax exempt (one-tier) dividend for 2024 | 1.5 cents per share | FY2024 (year ended 30 September 2024), comparative, declared and paid during FY2025, Group and Company; tax exempt (one-tier) | PDF p. 132 |
| Special tax exempt (one-tier) dividend for 2024 | 0.5 cents per share | FY2024 (year ended 30 September 2024), comparative, declared and paid during FY2025, Group and Company; tax exempt (one-tier) | PDF p. 132 |
| Special tax exempt (one-tier) dividend for 2025 | nil | FY2025 proposed, Group and Company; comparative 2024: 0.5 cents | PDF p. 132 |
| Total dividends | 4,841 $'000 | Declared and paid during FY2025, Group and Company; comparative 2024: 605 | PDF p. 132 |
| Resolution 2 final dividend | To declare a final ordinary one-tier tax exempt dividend of Singapore 3.0 cents per ordinary share for the financial year ended 30 September 2025. | FY2025 proposed; FY2024 comparative: final 1.5 cents and special 0.5 cents | PDF p. 155 |
Extracted from Nam Lee 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 |
|---|---|---|---|
| Auditor | Ernst & Young LLP | Group | PDF p. 87 |
| Engagement partner | Ho Shyan Yan | Group | PDF p. 87 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Expected credit losses (“ECL”) for trade receivables and contract assets | This assessment involves significant management judgement and estimation uncertainty. | Group | PDF p. 85 |
| Impairment assessment of investments in subsidiaries | Management identified investment in a subsidiary for impairment assessment. | Company | PDF p. 85 |
Going concern
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Basis of preparation | The financial statements of the Company and Group have been prepared on the basis that they will continue as a going concern. | Group and Company | PDF p. 96 |
Extracted from Nam Lee 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 Nam Lee Annual Report 2025, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Amounts are SGD thousands, except five-year money highlights in SGD millions and EPS/NAV per share in SGD cents. Group and Company scopes remain separate; FY2021–2025 figures link to their original reports.
Cash equivalents exclude pledged deposits: SGD153,000 (2025), SGD194,000 (2024), SGD176,000 (2023), SGD183,000 (2022) and SGD189,000 (2021). Quoted-security * means below SGD1,000; the cashflow * instead denotes SGD233,000 noncash hire-purchase acquisitions.
FY2024 interest paid of SGD1,755,000 is operating in the FY2024 original and financing in the FY2025 comparative; both CFO/CFF versions are retained. Declared-and-paid dividends are separate from the proposed FY2025 final dividend of 3.0 SGD cents, subject to shareholder approval and unrecognised as a year-end liability.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.