Grand Banks G50
Financials
Annual Report 2026
Explore the statements
11 tablesStatements of Financial Position (Group and Company) as at 30 June 2026
34 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Property, plant and equipment$’000 | 96,809 | 68,852 | – | – | PDF p. 77 |
| Right-of-use assets$’000 | 6,028 | 5,781 | – | – | PDF p. 77 |
| Subsidiaries$’000 | – | – | 36,948 | 36,948 | PDF p. 77 |
| Intangible assets$’000 | 6,470 | 6,172 | – | – | PDF p. 77 |
| Deferred tax assets$’000 | 1,244 | 1,019 | – | – | PDF p. 77 |
| Subtotal$’000 | 110,551 | 81,824 | 36,948 | 36,948 | PDF p. 77 |
| Current assets | |||||
| Inventories$’000 | 45,855 | 28,948 | – | – | PDF p. 77 |
| Contract assets$’000 | 15,647 | 3,326 | – | – | PDF p. 77 |
| Trade and other receivables$’000 | 7,262 | 8,092 | 10,112 | 2,474 | PDF p. 77 |
| Prepayments and advances$’000 | 2,884 | 5,480 | 27 | 27 | PDF p. 77 |
| Current tax recoverable$’000 | 1,208 | 446 | – | – | PDF p. 77 |
| Cash and fixed deposits$’000 | 19,846 | 51,517 | 2,768 | 9,008 | PDF p. 77 |
| Subtotal$’000 | 92,702 | 97,809 | 12,907 | 11,509 | PDF p. 77 |
| Assets | |||||
| Total assets$’000 | 203,253 | 179,633 | 49,855 | 48,457 | PDF p. 77 |
| Current liabilities | |||||
| Trade and other payables$’000 | 19,488 | 13,948 | 627 | 586 | PDF p. 77 |
| Contract liabilities$’000 | 21,896 | 25,671 | – | – | PDF p. 77 |
| Provisions$’000 | 6,462 | 6,693 | – | – | PDF p. 77 |
| Interest-bearing loans and borrowings$’000 | 7,546 | 1,925 | – | – | PDF p. 77 |
| Deferred considerations$’000 | 4,572 | 2,532 | – | – | PDF p. 77 |
| Lease liabilities$’000 | 413 | 376 | – | – | PDF p. 77 |
| Current tax payables$’000 | 2,032 | 1,986 | – | – | PDF p. 77 |
| Subtotal$’000 | 62,409 | 53,131 | 627 | 586 | PDF p. 77 |
| Non-current liabilities | |||||
| Deferred tax liabilities$’000 | 1,665 | 433 | – | – | PDF p. 77 |
| Interest-bearing loans and borrowings$’000 | 5,663 | 5,257 | – | – | PDF p. 77 |
| Deferred considerations$’000 | 16,868 | 18,350 | – | – | PDF p. 77 |
| Lease liabilities$’000 | 254 | 308 | – | – | PDF p. 77 |
| Subtotal$’000 | 24,450 | 24,348 | – | – | PDF p. 77 |
| Liabilities | |||||
| Total liabilities$’000 | 86,859 | 77,479 | 627 | 586 | PDF p. 77 |
| Capital and reserves | |||||
| Share capital$’000 | 43,580 | 43,580 | 43,580 | 43,580 | PDF p. 77 |
| Share-based compensation reserve$’000 | 1,163 | 890 | 1,163 | 890 | PDF p. 77 |
| Foreign currency translation reserve$’000 | (2,687) | (6,057) | – | – | PDF p. 77 |
| Accumulated profits$’000 | 74,338 | 63,741 | 4,485 | 3,401 | PDF p. 77 |
| Total equity$’000 | 116,394 | 102,154 | 49,228 | 47,871 | PDF p. 77 |
| Total equity and liabilities$’000 | 203,253 | 179,633 | 49,855 | 48,457 | PDF p. 77 |
Definitions & sources
Original report: PDF p. 77 ↗
AS AT 30 JUNE 2026. The accompanying notes form an integral part of these financial statements.
Unlabelled subtotals have empty original_label.
Consolidated Income Statement, year ended 30 June 2026
14 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Income statement | |||
| Revenue$’000 | 173,187 | 162,316 | PDF p. 78 |
| Cost of sales$’000 | (125,092) | (113,849) | PDF p. 78 |
| Gross profit$’000 | 48,095 | 48,467 | PDF p. 78 |
| Other income$’000 | 1,307 | 1,548 | PDF p. 78 |
| Selling and marketing expenses$’000 | (16,545) | (12,486) | PDF p. 78 |
| Administrative expenses$’000 | (11,250) | (9,869) | PDF p. 78 |
| Other operating expenses, net$’000 | (1,884) | (1,570) | PDF p. 78 |
| Profit from operations$’000 | 19,723 | 26,090 | PDF p. 78 |
| Finance cost$’000 | (1,764) | (640) | PDF p. 78 |
| Profit before tax$’000 | 17,959 | 25,450 | PDF p. 78 |
| Tax expense$’000 | (4,563) | (7,229) | PDF p. 78 |
| Profit for the year attributable to owners of the Company$’000 | 13,396 | 18,221 | PDF p. 78 |
| Earnings per share | |||
| – BasicCents | 7.18 | 9.79 | PDF p. 78 |
| – DilutedCents | 7.00 | 9.58 | PDF p. 78 |
Definitions & sources
Original report: PDF p. 78 ↗
YEAR ENDED 30 JUNE 2026. Earnings per share shown in Cents under a separate sub-header. The accompanying notes form an integral part of these financial statements.
Only Group statements are presented; no Company income statement is printed.
Consolidated Statement of Comprehensive Income, year ended 30 June 2026
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Comprehensive income | |||
| Profit for the year$’000 | 13,396 | 18,221 | PDF p. 79 |
| Other comprehensive income - Items that may be reclassified subsequently to profit or loss | |||
| Translation differences relating to financial statements of foreign subsidiaries$’000 | 3,370 | (1,226) | PDF p. 79 |
| Other comprehensive income | |||
| Other comprehensive income for the year, net of income tax$’000 | 3,370 | (1,226) | PDF p. 79 |
| Comprehensive income | |||
| Total comprehensive income for the year attributable to owners of the Company$’000 | 16,766 | 16,995 | PDF p. 79 |
Definitions & sources
Original report: PDF p. 79 ↗
YEAR ENDED 30 JUNE 2026. The accompanying notes form an integral part of these financial statements.
Consolidated Statement of Comprehensive Income (Group), year ended 30 June 2026
4 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 30 June 2026, $'000 | 2025Group, year ended 30 June 2025, $'000 | Source |
|---|---|---|---|
| Comprehensive income | |||
| Profit for the year$'000 | 13,396 | 18,221 | PDF p. 79 |
| Other comprehensive income - Items that may be reclassified subsequently to profit or loss | |||
| Translation differences relating to financial statements of foreign subsidiaries$'000 | 3,370 | (1,226) | PDF p. 79 |
| Other comprehensive income | |||
| Other comprehensive income for the year, net of income tax$'000 | 3,370 | (1,226) | PDF p. 79 |
| Total comprehensive income | |||
| Total comprehensive income for the year attributable to owners of the Company$'000 | 16,766 | 16,995 | PDF p. 79 |
Definitions & sources
Original report: PDF p. 79 ↗
Translation differences row label wraps: 'Translation differences relating to financial statements of foreign / subsidiaries'. Total comprehensive income label wraps: '...attributable to owners / of the Company'. No non-controlling interests; no Company-level comprehensive income statement presented.
Consolidated Statement of Changes in Equity (Group), year ended 30 June 2025 (opening 1 July 2024)
9 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Share capital, $'000 | 2025Group, Share-based compensation reserve, $'000 | 2025Group, Foreign currency translation reserve, $'000 | 2025Group, Accumulated profits, $'000 | 2025Group, Total, $'000 | Source |
|---|---|---|---|---|---|---|
| Group | ||||||
| At 1 July 2024$'000 | 43,136 | 617 | (4,831) | 48,319 | 87,241 | PDF p. 80 |
| Total comprehensive income for the year | ||||||
| Profit for the year$'000 | – | – | – | 18,221 | 18,221 | PDF p. 80 |
| Other comprehensive income | ||||||
| Total other comprehensive income$'000 | – | – | (1,226) | – | (1,226) | PDF p. 80 |
| Total comprehensive income for the year | ||||||
| Total comprehensive income for the year$'000 | – | – | (1,226) | 18,221 | 16,995 | PDF p. 80 |
| Transactions with owners, recorded directly in equity | ||||||
| Share-based payments (Note 23)$'000 | – | 273 | – | – | 273 | PDF p. 80 |
| Issue of new ordinary shares (Note 17)$'000 | 444 | – | – | – | 444 | PDF p. 80 |
| Tax exempt (one-tier) dividends paid (Note 17)$'000 | – | – | – | (2,799) | (2,799) | PDF p. 80 |
| Total transactions with owners$'000 | 444 | 273 | – | (2,799) | (2,082) | PDF p. 80 |
| Group | ||||||
| At 30 June 2025$'000 | 43,580 | 890 | (6,057) | 63,741 | 102,154 | PDF p. 80 |
Definitions & sources
Original report: PDF p. 80 ↗
Labels wrap across lines in source (e.g. 'Issue of new ordinary shares / (Note 17)', 'Tax exempt (one-tier) dividends / paid (Note 17)'). Quotes for these rows use the final printed line carrying the figures. No non-controlling interest column. No Company statement of changes in equity is presented.
Consolidated Statement of Changes in Equity (Group), year ended 30 June 2026 (opening 1 July 2025)
8 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Share capital, $'000 | 2026Group, Share-based compensation reserve, $'000 | 2026Group, Foreign currency translation reserve, $'000 | 2026Group, Accumulated profits, $'000 | 2026Group, Total, $'000 | Source |
|---|---|---|---|---|---|---|
| Group | ||||||
| At 1 July 2025$'000 | 43,580 | 890 | (6,057) | 63,741 | 102,154 | PDF p. 80 |
| Total comprehensive income for the year | ||||||
| Profit for the year$'000 | – | – | – | 13,396 | 13,396 | PDF p. 80 |
| Other comprehensive income | ||||||
| Total other comprehensive income$'000 | – | – | 3,370 | – | 3,370 | PDF p. 80 |
| Total comprehensive income for the year | ||||||
| Total comprehensive income for the year$'000 | – | – | 3,370 | 13,396 | 16,766 | PDF p. 80 |
| Transactions with owners, recorded directly in equity | ||||||
| Share-based payments (Note 23)$'000 | – | 273 | – | – | 273 | PDF p. 80 |
| Tax exempt (one-tier) dividends paid (Note 17)$'000 | – | – | – | (2,799) | (2,799) | PDF p. 80 |
| Total transactions with owners$'000 | – | 273 | – | (2,799) | (2,526) | PDF p. 80 |
| Group | ||||||
| At 30 June 2026$'000 | 43,580 | 1,163 | (2,687) | 74,338 | 116,394 | PDF p. 80 |
Definitions & sources
Original report: PDF p. 80 ↗
No non-controlling interest column. No Company statement of changes in equity is presented.
Consolidated Statement of Cash Flows (Group) - operating and investing activities
28 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 30 June 2026, $'000 | 2025Group, year ended 30 June 2025, $'000 | Source |
|---|---|---|---|
| Cash flows from operating activities | |||
| Profit for the year$'000 | 13,396 | 18,221 | PDF p. 81 |
| Adjustments for | |||
| Depreciation of property, plant and equipment$'000 | 6,598 | 5,145 | PDF p. 81 |
| Depreciation of right-of-use assets$'000 | 764 | 612 | PDF p. 81 |
| Amortisation of intangible assets$'000 | 113 | 110 | PDF p. 81 |
| Gain on disposal of property, plant and equipment$'000 | (3) | (448) | PDF p. 81 |
| Property, plant and equipment written off$'000 | 11 | – | PDF p. 81 |
| Allowance/(Write-back) for inventories obsolescence, net$'000 | 58 | (214) | PDF p. 81 |
| Interest income$'000 | (465) | (957) | PDF p. 81 |
| Share-based payment expenses$'000 | 273 | 273 | PDF p. 81 |
| Interest expense$'000 | 1,764 | 493 | PDF p. 81 |
| Tax expense$'000 | 4,563 | 7,229 | PDF p. 81 |
| Unrealised foreign exchange loss$'000 | 351 | 1,193 | PDF p. 81 |
| Changes in | |||
| – Inventories$'000 | (15,620) | 1,473 | PDF p. 81 |
| – Trade and other receivables$'000 | 2,342 | 159 | PDF p. 81 |
| – Prepayments and advances$'000 | 2,664 | (4,000) | PDF p. 81 |
| – Contract assets$'000 | (12,119) | 6,324 | PDF p. 81 |
| – Contract liabilities$'000 | (4,339) | 3,811 | PDF p. 81 |
| – Trade and other payables$'000 | 4,210 | 611 | PDF p. 81 |
| – Provisions$'000 | (810) | (598) | PDF p. 81 |
| Cash flows from operating activities | |||
| Cash generated from operations$'000 | 3,751 | 39,437 | PDF p. 81 |
| Net income taxes paid$'000 | (4,239) | (8,188) | PDF p. 81 |
| Net cash (used in)/from operating activities$'000 | (488) | 31,249 | PDF p. 81 |
| Cash flows from investing activities | |||
| Interest received$'000 | 465 | 933 | PDF p. 81 |
| Proceeds from fixed deposits$'000 | – | 1,322 | PDF p. 81 |
| Restricted cash$'000 | (325) | (2,936) | PDF p. 81 |
| Proceeds from disposal of property, plant and equipment$'000 | 3 | 2,009 | PDF p. 81 |
| Purchase of property, plant and equipment$'000 | (29,620) | (18,640) | PDF p. 81 |
| Net cash used in investing activities$'000 | (29,477) | (17,312) | PDF p. 81 |
Definitions & sources
Original report: PDF p. 81 ↗
Note reference column (4, 5, 7, 21, 22) printed between label and values; not part of values. Only Group cash flow presented; no Company cash flow statement.
Consolidated Statement of Cash Flows (Group) - financing activities and closing cash
12 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 30 June 2026, $'000 | 2025Group, year ended 30 June 2025, $'000 | Source |
|---|---|---|---|
| Cash flows from financing activities | |||
| Interest paid$'000 | (1,738) | (444) | PDF p. 82 |
| Dividends paid$'000 | (2,799) | (2,799) | PDF p. 82 |
| Repayment of lease liabilities$'000 | (490) | (374) | PDF p. 82 |
| Proceeds from interest-bearing loans and borrowings$'000 | 10,637 | 82 | PDF p. 82 |
| Repayment of interest-bearing loans and borrowings$'000 | (5,869) | (625) | PDF p. 82 |
| Repayment of deferred considerations$'000 | (2,503) | (92) | PDF p. 82 |
| Proceeds from issue of new ordinary shares$'000 | – | 444 | PDF p. 82 |
| Net cash used in financing activities$'000 | (2,762) | (3,808) | PDF p. 82 |
| Net change in cash | |||
| Net (decrease)/increase in cash and cash equivalents$'000 | (32,727) | 10,129 | PDF p. 82 |
| Cash and cash equivalents at beginning of year$'000 | 47,168 | 39,305 | PDF p. 82 |
| Effect of exchange rate changes on balances held in foreign currency$'000 | 731 | (2,266) | PDF p. 82 |
| Cash and cash equivalents at end of year$'000 | 15,172 | 47,168 | PDF p. 82 |
Definitions & sources
Original report: PDF p. 82 ↗
Significant non-cash transactions: (i) FY2026 land and building in USA for total considerations of $2,071,000, of which $964,000 financed by seller via deferred payment (Note 16); (ii) sailing yacht amounting to $12,112,000, of which $1,745,000 financed via deferred payment (Note 16); (iii) inventories of $820,000 financed through an unsecured bank loan paid directly to vendors (Note 15). In 2025: factory expansion in Malaysia, $4,078,000 financed through bank loan (Note 15); Newport, Rhode Island, USA PP&E total considerations of $27,100,000, of which $19,836,000 financed by seller via deferred payment (Note 16).
Effect of exchange rate changes label wraps: '...on balances held in / foreign currency'.
Earnings per share (Group) - Income statement and Note 24
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, year ended 30 June 2026 | 2025Group, year ended 30 June 2025 | Source |
|---|---|---|---|
| Earnings per share | |||
| – BasicCents | 7.18 | 9.79 | PDF p. 78 |
| – DilutedCents | 7.00 | 9.58 | PDF p. 78 |
Definitions & sources
Original report: PDF p. 78 ↗
Note 24 Earnings per share - share counts
7 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Basic earnings per share | |||
| Profit for the year ($’000)$’000 | 13,396 | 18,221 | PDF p. 131 |
| Issued ordinary shares at 1 July (’000)’000 shares | 186,585 | 184,635 | PDF p. 131 |
| Effects of new ordinary shares issued during the year (’000)’000 shares | – | 1,543 | PDF p. 131 |
| Weighted-average number of ordinary shares during the’000 shares | 186,585 | 186,178 | PDF p. 131 |
| Diluted earnings per share | |||
| Weighted-average number of ordinary shares (basic) (’000)’000 shares | 186,585 | 186,178 | PDF p. 131 |
| Effects of ESOS on issue (’000)’000 shares | 4,831 | 4,001 | PDF p. 131 |
| Weighted-average number of ordinary shares (diluted) during’000 shares | 191,416 | 190,179 | PDF p. 131 |
Definitions & sources
Original report: PDF p. 131 ↗
Note 17 Dividends declared and paid (Group and Company)
2 metricsUnits appear below each metric. Scroll to compare years
| Metric / unit | 2026Group and Company, year ended 30 June 2026 | 2025Group and Company, year ended 30 June 2025 | Source |
|---|---|---|---|
| Dividends | |||
| Interim dividends of $0.005 per ordinary share in respect of financial year ended 30 June 2026 (2025: $0.005 – For financial year ended 30 June 2025)$’000 | 933 | 933 | PDF p. 121 |
| Final dividends of $0.010 per ordinary share in respect of financial year ended 30 June 2025 (2025: $0.010 – For financial year ended 30 June 2024)$’000 | 1,866 | 1,866 | PDF p. 121 |
Definitions & sources
Original report: PDF p. 121 ↗
The following exempt (one-tier) dividends were declared and paid by the Group and Company. Total 2,799 (2026) and 2,799 (2025). Proposed FY2026 final dividend 1.0 Singapore cent per share; total FY2026 dividend 1.5 Singapore cents, unchanged from FY2025 (Chairman's statement, p.3). NAV per share 62.38 Singapore cents at 30 June 2026 vs 54.75 at 30 June 2025 (p.9).
Where the money comes from
Segment information
By business
Operating segments – revenue, results and profit (Group, FY ended 30 June) 10 lines
| Item / unit | 2026Manufacturing and trading segment | 2025Manufacturing and trading segment | 2026Others | 2025Others | 2026Corporate | 2025Corporate | 2026Reconciliation Adjustments | 2025Reconciliation Adjustments | 2026Consolidated | 2025Consolidated | Source |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue and expenses | |||||||||||
| External revenue$'000 | 131,974 | 115,798 | 41,213 | 46,518 | – | – | – | – | 173,187 | 162,316 | PDF p. 142 |
| Inter-segment revenue$'000 | 8,556 | 10,387 | 23,629 | 19,966 | 5,180 | 4,088 | (37,365) | (34,441) | – | – | PDF p. 142 |
| Total revenue$'000 | 140,530 | 126,185 | 64,842 | 66,484 | 5,180 | 4,088 | (37,365) | (34,441) | 173,187 | 162,316 | PDF p. 142 |
| Segment results*$'000 | 47,001 | 57,561 | 13,215 | 5,163 | 3,882 | 2,717 | (37,365) | (34,441) | 26,733 | 31,000 | PDF p. 142 |
| Depreciation and amortisation$'000 | (7,195) | (5,615) | (280) | (252) | – | – | – | – | (7,475) | (5,867) | PDF p. 142 |
| Interest income$'000 | 465 | 957 | – | – | – | – | – | – | 465 | 957 | PDF p. 142 |
| Interest expense$'000 | (1,764) | (640) | – | – | – | – | – | – | (1,764) | (640) | PDF p. 142 |
| Operating profit before tax$'000 | 38,507 | 52,263 | 12,935 | 4,911 | 3,882 | 2,717 | (37,365) | (34,441) | 17,959 | 25,450 | PDF p. 142 |
| Income tax expense$'000 | (3,416) | (6,608) | (1,147) | (621) | – | – | – | – | (4,563) | (7,229) | PDF p. 142 |
| Segment profit$'000 | 35,091 | 45,655 | 11,788 | 4,290 | 3,882 | 2,717 | (37,365) | (34,441) | 13,396 | 18,221 | PDF p. 142 |
Notes
* Segment results: Earnings before Interest, Taxation, Depreciation and Amortisation.
Segments: Manufacturing & trading (manufacturing and sales of yachts to end customers); Others (ancillary sales such as brokerage income, service income and sales of trade-in and pre-owned boats).
Operating segments – non-cash items, assets, liabilities and capital expenditures 8 lines
| Item / unit | 2026Manufacturing and trading segment | 2025Manufacturing and trading segment | 2026Others | 2025Others | 2026Corporate | 2025Corporate | 2026Consolidated | 2025Consolidated | Source |
|---|---|---|---|---|---|---|---|---|---|
| Other material non-cash items | |||||||||
| Gain on disposal of property, plant and equipment$'000 | – | 448 | 3 | – | – | – | 3 | 448 | PDF p. 143 |
| (Allowance)/Write-back for inventories obsolescence, net$'000 | (58) | 214 | – | – | – | – | (58) | 214 | PDF p. 143 |
| Provision for warranty claims, net$'000 | (732) | (2,297) | – | – | – | – | (732) | (2,297) | PDF p. 143 |
| Assets and liabilities | |||||||||
| Segment assets$'000 | 175,438 | 159,165 | 22,568 | 9,968 | 2,795 | 9,035 | 200,801 | 178,168 | PDF p. 143 |
| Tax assets$'000 | 2,180 | 1,415 | 272 | 50 | – | – | 2,452 | 1,465 | PDF p. 143 |
| Segment liabilities$'000 | 81,211 | 74,078 | 1,324 | 396 | 627 | 586 | 83,162 | 75,060 | PDF p. 143 |
| Tax liabilities *$'000 | 3,697 | 2,258 | – | 161 | – | – | 3,697 | 2,419 | PDF p. 143 |
| Capital expenditures$'000 | 33,040 | 42,898 | – | – | – | – | 33,040 | 42,898 | PDF p. 143 |
Notes
* Tax liabilities comprise of current tax payables and deferred tax liabilities.
By geography
Geographical segments – non-current assets by location 5 lines
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Non-current assets by geographical location | |||
| Malaysia$'000 | 36,941 | 29,561 | PDF p. 144 |
| United States of America$'000 | 53,293 | 44,151 | PDF p. 144 |
| Australia$'000 | 18,357 | 7,042 | PDF p. 144 |
| Others$'000 | 716 | 51 | PDF p. 144 |
| Total non-current assets (unlabelled total)$'000 | 109,307 | 80,805 | PDF p. 144 |
Notes
Geographical segment information is analysed by the principal geographical locations of the customers where the yachts are sold (see Note 20). Non-current assets, primarily manufacturing and service facilities, are located in the locations shown.
The total row has no printed label.
Revenue contributed by primary geographical markets 5 lines
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Revenue contributed by primary geographical markets | |||
| United States of America$'000 | 127,080 | 132,332 | PDF p. 125 |
| Australia$'000 | 28,036 | 23,318 | PDF p. 125 |
| Europe$'000 | 13,483 | 1,308 | PDF p. 125 |
| Asia$'000 | 4,588 | 5,358 | PDF p. 125 |
| Total revenue (unlabelled total)$'000 | 173,187 | 162,316 | PDF p. 125 |
Notes
Revenue is disaggregated by primary geographical markets; Note 28 refers to Note 20 for geographical revenue detail.
The total row has no printed label.
Debt
Borrowings
Borrowing notes 2 tables
Interest-bearing loans and borrowings
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Secured bank loan | |||
| – Current$'000 | 7,546 | 1,925 | PDF p. 117 |
| – Non-current$'000 | 5,663 | 5,257 | PDF p. 117 |
| Total interest-bearing loans and borrowings$'000 | 13,209 | 7,182 | PDF p. 117 |
Notes
Printed under heading 'Secured bank loan'; total includes unsecured bank loans per terms table (Note 15 page 118). Total row has no printed label.
Terms and conditions of outstanding loans and borrowings
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Currency MYR; nominal interest rate 5.20%; year of maturity 2025-2033 | |||
| Secured bank loan(i)$'000 | 5,516 | 5,814 | PDF p. 118 |
| Currency USD; nominal interest rate 5.25%; year of maturity 2025-2026 | |||
| Secured bank loan (ii)$'000 | 1,045 | 1,167 | PDF p. 118 |
| Currency USD; nominal interest rate 4.25%; year of maturity 2025-2027 | |||
| Secured bank loan (iii)$'000 | 122 | 201 | PDF p. 118 |
| Currency MYR; nominal interest rate 5.20%; year of maturity 2025-2029 | |||
| Secured bank loan (iv)$'000 | 1,034 | – | PDF p. 118 |
| Currency MYR; nominal interest rate 5.35%; year of maturity 2026 | |||
| Revolving Credit(v)$'000 | 3,180 | – | PDF p. 118 |
| Currency USD; nominal interest rate 7.62%; year of maturity 2026 | |||
| Unsecured bank loan (vi)$'000 | 1,486 | – | PDF p. 118 |
| Currency EUR; nominal interest rate 4.49%-4.59%; year of maturity 2026 | |||
| Unsecured bank loan (vii)$'000 | 826 | – | PDF p. 118 |
| Terms table total | |||
| Total$'000 | 13,209 | 7,182 | PDF p. 118 |
Notes
^ Calendar year basis (year of maturity).
Loans (i)-(v) secured; (vi),(vii) unsecured. All secured bank loans and drawn down revolving credit facility are supported by corporate guarantee issued by the Company.
Total row has no printed label.
Payout
Dividends & distributions
Dividend policy
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend policy | Payment of dividends will depend on the Group’s earnings, financial position, results or operations, capital needs, plans for expansion, and other factors as the Board may deem appropriate. | Company | PDF p. 55 |
Dividends declared and proposed
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Interim dividends | 0.005 $ per ordinary share | FY2026 (year ended 30 June 2026), Group and Company, paid | PDF p. 121 |
| Interim dividend payment date | 27th March 2026 | FY2026 interim dividend | PDF p. 55 |
| Final dividends | 0.010 $ per ordinary share | FY2026 (year ended 30 June 2026), Group and Company, proposed after reporting date, not provided for | PDF p. 122 |
| Record Date | Friday, 6 November 2026 | FY2026 proposed final dividend | PDF p. 157 |
| Proposed Final Dividend payment date | Tuesday, 17 November 2026 | FY2026 proposed final dividend | PDF p. 157 |
| aggregate of the interim and final dividends for FY2026 | S$0.015 per ordinary share | FY2026; comparative FY2025: S$0.015 per ordinary share | PDF p. 55 |
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 |
|---|---|---|---|
| KPMG LLP | KPMG LLP | Group and Company, year ended 30 June 2026 | PDF p. 76 |
| Engagement partner | Loo Kwok Chiang, Adrian | Group | PDF p. 76 |
Key audit matters
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Impairment of non-financial assets, including goodwill and other intangible assets | Impairment of non-financial assets, including goodwill and other intangible assets | Group | PDF p. 72 |
| Impairment of non-financial assets - description | The recoverable amount of the CGU is determined using the value-in-use method. | Group | PDF p. 72 |
| Accounting for construction contracts | Accounting for construction contracts | Group | PDF p. 73 |
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.