Lum Chang L19

SGD 0.55 +0.91% +0.01 Updated 22 Oct 2026, 17:16 SGT
+ Add holding ☆ Watchlist Email updates Compare
More
My transactions Market links SGXGoogleYahooTradingView

Financials

ANNUAL REPORT

Open annual report

Explore the statements

29 tables

Consolidated income statement

16 metrics

Units appear below each metric. Scroll to compare years

Consolidated income statement from ANNUAL REPORT
Metric / unit 2026Group2025Group Source
income
Revenue$’000 645,935462,868 PDF p. 75
Cost of sales$’000 (540,757)(409,572) PDF p. 75
Gross profit$’000 105,17853,296 PDF p. 75
Other income$’000 3,3573,749 PDF p. 75
Other losses - net$’000 (1,420)(51) PDF p. 75
Expenses - Distribution and marketing$’000 (262)(317) PDF p. 75
- Administrative and general$’000 (41,202)(31,260) PDF p. 75
- Finance$’000 (1,344)(1,984) PDF p. 75
Share of profits of associated companies$’000 111,509 PDF p. 75
Share of losses of joint ventures$’000 (253)(2,287) PDF p. 75
Profit before income tax$’000 64,06522,655 PDF p. 75
Income tax expense$’000 (12,209)(3,918) PDF p. 75
Net profit$’000 51,85618,737 PDF p. 75
Net profit attributable to:
Equity holders of the Company$’000 35,43615,579 PDF p. 75
Non-controlling interests$’000 16,4203,158 PDF p. 75
Subtotal$’000 51,85618,737 PDF p. 75
Definitions & sources

Original report: PDF p. 75 ↗

Earnings per ordinary share

2 metrics

Units appear below each metric. Scroll to compare years

Earnings per ordinary share from ANNUAL REPORT
Metric / unit 2026Group2025Group Source
Net profit attributable to:
Earnings per ordinary share attributable to the equity holders of the Company (cents per share) - Basiccents per share 9.464.16 PDF p. 75
- Dilutedcents per share 9.464.16 PDF p. 75
Definitions & sources

Original report: PDF p. 75 ↗

Consolidated statement of comprehensive income

13 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of comprehensive income from ANNUAL REPORT
Metric / unit 2026Group2025Group Source
comprehensive income
Net profit$’000 51,85618,737 PDF p. 76
Items that may be reclassified subsequently to profit or loss:
Currency translation differences arising from consolidation - Gains 2$’000 1,2161,835 PDF p. 76
- Reclassification 2$’000 2245 PDF p. 76
Subtotal$’000 1,2381,880 PDF p. 76
Items that will not be reclassified subsequently to profit or loss:
Currency translation differences arising from consolidation - Gains 2$’000 25 PDF p. 76
Financial assets, at fair value through other comprehensive income (“FVOCI”) - Fair value gains/(losses) 2$’000 1,867(532) PDF p. 76
Share of other comprehensive loss of associated companies$’000 (8)- PDF p. 76
Subtotal$’000 1,861(527) PDF p. 76
Other comprehensive income for the year, net of tax$’000 3,0991,353 PDF p. 76
Total comprehensive income for the year$’000 54,95520,090 PDF p. 76
Total comprehensive income attributable to:
Equity holders of the Company$’000 38,53316,927 PDF p. 76
Non-controlling interests$’000 16,4223,163 PDF p. 76
Subtotal$’000 54,95520,090 PDF p. 76
Definitions & sources

Original report: PDF p. 76 ↗

Balance sheet — Group

39 metrics

Units appear below each metric. Scroll to compare years

Balance sheet — Group from ANNUAL REPORT
Metric / unit 2026Group2025Group Source
Current assets
Cash and cash equivalents$’000 175,32880,739 PDF p. 77
Trade and other receivables 1$’000 116,63368,488 PDF p. 77
Contract assets 4$’000 21,26620,797 PDF p. 77
Other financial assets$’000 -2,071 PDF p. 77
Tax recoverable 9$’000 28734 PDF p. 77
Properties held for sale$’000 14,2992,429 PDF p. 77
Development properties$’000 10,60427,001 PDF p. 77
Other current assets 1$’000 11,87711,695 PDF p. 77
Subtotal$’000 350,294213,254 PDF p. 77
Non-current assets
Trade and other receivables 1$’000 107,263102,025 PDF p. 77
Club memberships$’000 87103 PDF p. 77
Other financial assets$’000 14,44112,572 PDF p. 77
Investments in joint ventures$’000 12,34212,206 PDF p. 77
Investments in associated companies$’000 5,5827,619 PDF p. 77
Investment properties$’000 17,22119,092 PDF p. 77
Property, plant and equipment$’000 40,10135,857 PDF p. 77
Deferred income tax assets$’000 1,6451,613 PDF p. 77
Other non-current assets 1$’000 615907 PDF p. 77
Subtotal$’000 199,297191,994 PDF p. 77
Total assets$’000 549,591405,248 PDF p. 77
Current liabilities
Trade and other payables 2$’000 137,73598,163 PDF p. 77
Contract liabilities 4$’000 72,02336,825 PDF p. 77
Provision for other liabilities 2$’000 17,70521,431 PDF p. 77
Current income tax liabilities$’000 11,7813,670 PDF p. 77
Borrowings$’000 13,3079,361 PDF p. 77
Subtotal$’000 252,551169,450 PDF p. 77
Non-current liabilities
Trade and other payables 2$’000 29,43631,528 PDF p. 77
Borrowings$’000 29,77830,657 PDF p. 77
Deferred income tax liabilities$’000 8686 PDF p. 77
Subtotal$’000 59,30062,271 PDF p. 77
Total liabilities$’000 311,851231,721 PDF p. 77
NET ASSETS$’000 237,740173,527 PDF p. 77
EQUITY Capital and reserves attributable to the equity holders of the Company Share capital$’000 86,57286,572 PDF p. 77
Treasury shares$’000 (3,443)(3,443) PDF p. 77
Capital and other reserves 2$’000 28,94025,843 PDF p. 77
Retained profits 3$’000 96,36258,332 PDF p. 77
Subtotal$’000 208,431167,304 PDF p. 77
Non-controlling interests$’000 29,3096,223 PDF p. 77
Total equity$’000 237,740173,527 PDF p. 77
Definitions & sources

Original report: PDF p. 77 ↗

Balance sheet — Company

26 metrics

Units appear below each metric. Scroll to compare years

Balance sheet — Company from ANNUAL REPORT
Metric / unit 2026Company2025Company Source
Current assets
Cash and cash equivalents$’000 6,2565,645 PDF p. 78
Trade and other receivables 1$’000 21,15410,529 PDF p. 78
Other current assets 1$’000 76 PDF p. 78
Subtotal$’000 27,41716,180 PDF p. 78
Non-current assets
Trade and other receivables 1$’000 114,106112,915 PDF p. 78
Club memberships$’000 265167 PDF p. 78
Investments in subsidiaries$’000 41,16341,055 PDF p. 78
Investment properties$’000 3,8003,800 PDF p. 78
Property, plant and equipment$’000 2,0692,823 PDF p. 78
Other non-current assets 1$’000 126126 PDF p. 78
Subtotal$’000 161,529160,886 PDF p. 78
Total assets$’000 188,946177,066 PDF p. 78
Current liabilities
Trade and other payables 2$’000 74,14269,729 PDF p. 78
Current income tax liabilities 9$’000 304- PDF p. 78
Borrowings$’000 10,4515,426 PDF p. 78
Subtotal$’000 84,89775,155 PDF p. 78
Non-current liabilities
Trade and other payables 2$’000 2322 PDF p. 78
Borrowings$’000 316767 PDF p. 78
Subtotal$’000 339789 PDF p. 78
Total liabilities$’000 85,23675,944 PDF p. 78
NET ASSETS$’000 103,710101,122 PDF p. 78
EQUITY Capital and reserves attributable to the equity holders of the Company Share capital$’000 86,57286,572 PDF p. 78
Treasury shares$’000 (3,443)(3,443) PDF p. 78
Capital and other reserves 2$’000 3,1823,182 PDF p. 78
Retained profits 3$’000 17,39914,811 PDF p. 78
Total equity$’000 103,710101,122 PDF p. 78
Definitions & sources

Original report: PDF p. 78 ↗

Consolidated statement of changes in equity — FY2026

12 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of changes in equity — FY2026 from ANNUAL REPORT
Metric / unit 2026Group — Share capital2026Group — Treasury shares2026Group — Capital and other reserves2026Group — Retained profits2026Group — Total attributable to equity holders of the Company2026Group — Non-controlling interests2026Group — Total equity Source
2026
Balance as at 1 July 2025$’000 86,572(3,443)25,84358,332167,3046,223173,527 PDF p. 79
Net profit$’000 ---35,43635,43616,42051,856 PDF p. 79
Other comprehensive income$’000 --3,097-3,09723,099 PDF p. 79
Total comprehensive income$’000 --3,09735,43638,53316,42254,955 PDF p. 79
Dividends paid 3$’000 ---(14,985)(14,985)-(14,985) PDF p. 79
Capital contribution by non- controlling shareholders of a subsidiary$’000 -----300300 PDF p. 79
Dividends paid to non-controlling shareholders of subsidiaries$’000 -----(4,522)(4,522) PDF p. 79
Issuance of shares by a listed subsidiary, net of capitalised expenses (Note 1)$’000 ---9,9049,9049,47519,379 PDF p. 79
Divestment of interest in a subsidiary$’000 -----3030 PDF p. 79
Divestment of interest in a listed subsidiary without loss of control, net of expenses (Note 2)$’000 ---7,6757,6751,3819,056 PDF p. 79
Total transactions with owners, recognised directly in equity$’000 ---2,5942,5946,6649,258 PDF p. 79
Balance as at 30 June 2026$’000 86,572(3,443)28,94096,362208,43129,309237,740 PDF p. 79
Definitions & sources

Original report: PDF p. 79 ↗

Note 1: During the financial year, a listed subsidiary of the Company, Lum Chang Creations Limited (“LCC”), issued new ordinary shares as follows: (a) 35,000,000 ordinary shares at $0.25 per share pursuant to its initial public offering (“IPO”) on 21 July 2025 and received net proceeds of $8.3 million; and (b) 15,000,000 ordinary shares at $0.759 per share pursuant to a placement exercise which was completed on 30 June 2026 for net proceeds of $11.1 million. Note 2: On 18 June 2026, the Company divested 12,300,000 ordinary shares of LCC at $0.759 per share pursuant to the placement exercise referred to in Note 1(b) for net proceeds of $9.1 million, without a loss of control in LCC. The placement exercise resulted in an approximate 6.96% dilution in the Company’s effective interest in LCC from 71.11% to 64.15%.

Consolidated statement of changes in equity — FY2025

11 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of changes in equity — FY2025 from ANNUAL REPORT
Metric / unit 2025Group — Share capital2025Group — Treasury shares2025Group — Capital and other reserves2025Group — Retained profits2025Group — Total attributable to equity holders of the Company2025Group — Non-controlling interests2025Group — Total equity Source
2025
Balance as at 1 July 2024$’000 86,572(3,303)24,49553,992161,7564,177165,933 PDF p. 80
Net profit$’000 ---15,57915,5793,15818,737 PDF p. 80
Other comprehensive income$’000 --1,348-1,34851,353 PDF p. 80
Total comprehensive income$’000 --1,34815,57916,9273,16320,090 PDF p. 80
Purchase of treasury shares$’000 -(140)--(140)-(140) PDF p. 80
Dividends paid$’000 ---(11,239)(11,239)-(11,239) PDF p. 80
Capital contribution by a non-controlling shareholder of a subsidiary$’000 -----3030 PDF p. 80
Dividends paid to non-controlling shareholders of subsidiaries$’000 -----(1,108)(1,108) PDF p. 80
Transaction with non-controlling interest$’000 -----(39)(39) PDF p. 80
Total transactions with owners, recognised directly in equity$’000 -(140)-(11,239)(11,379)(1,117)(12,496) PDF p. 80
Balance as at 30 June 2025$’000 86,572(3,443)25,84358,332167,3046,223173,527 PDF p. 80
Definitions & sources

Original report: PDF p. 80 ↗

Consolidated statement of cash flows

54 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of cash flows from ANNUAL REPORT
Metric / unit 2026Group2025Group Source
Cash flows from operating activities
Net profit$’000 51,85618,737 PDF p. 81
Adjustments for:
- Income tax expense$’000 12,2093,918 PDF p. 81
- Share of losses of associated companies and joint ventures$’000 242778 PDF p. 81
- Amortisation of club memberships$’000 1716 PDF p. 81
- Depreciation of property, plant and equipment$’000 6,4906,322 PDF p. 81
- Dividend income from financial assets, at FVOCI$’000 (361)(739) PDF p. 81
- Fair value losses on investment properties$’000 795301 PDF p. 81
- Fair value losses on financial asset, at FVPL$’000 27217 PDF p. 81
- Write back on club memberships$’000 (1)- PDF p. 81
- Loss/ (gain) on disposal of property, plant and equipment - net$’000 301(291) PDF p. 81
- Interest income$’000 (1,207)(2,167) PDF p. 81
- Finance expense$’000 1,3441,984 PDF p. 81
- Property, plant and equipment written off$’000 12629 PDF p. 81
- Loss on liquidation of a joint venture$’000 19- PDF p. 81
Operating cash flows before working capital changes$’000 72,10228,905 PDF p. 81
Changes in working capital:
- Trade and other receivables (Note 1 & 2)$’000 (33,675)5,812 PDF p. 82
- Contract assets$’000 (469)69,815 PDF p. 82
- Contract liabilities$’000 35,19823,807 PDF p. 82
- Other current and non-current assets$’000 110(1,349) PDF p. 82
- Development properties/properties held for sale$’000 5,322(6,133) PDF p. 82
- Trade and other payables and provision for other liabilities$’000 38,196(41,127) PDF p. 82
Cash generated from operations$’000 116,78479,730 PDF p. 82
Income tax paid$’000 (4,342)(2,384) PDF p. 82
Net cash provided by operating activities$’000 112,44277,346 PDF p. 82
Cash flows from investing activities
Acquisition of non-controlling interest in a subsidiary$’000 -(39) PDF p. 82
Investment in an associated company$’000 (229)(233) PDF p. 82
Investment in financial assets, at FVOCI$’000 (2)- PDF p. 82
Dividends received from a joint venture$’000 -115 PDF p. 82
Dividends received from financial assets, at FVOCI$’000 361739 PDF p. 82
Interest income received$’000 1,5101,965 PDF p. 82
Proceeds from disposal of club memberships$’000 -22 PDF p. 82
Proceeds from disposal of property, plant and equipment$’000 2,324996 PDF p. 82
Proceeds from liquidation of a joint venture$’000 9- PDF p. 82
Purchase of property, plant and equipment$’000 (11,298)(9,111) PDF p. 82
Net cash used in investing activities$’000 (7,325)(5,546) PDF p. 82
Cash flows from financing activities
Cash and cash equivalents pledged$’000 (32)(40) PDF p. 83
Dividends paid 32$’000 (14,985)(11,239) PDF p. 83
Dividends paid to non-controlling shareholders of subsidiaries$’000 (4,522)(1,108) PDF p. 83
Proceeds from issuance of shares by a listed subsidiary, net of expenses (Note 1)$’000 9,585- PDF p. 83
Proceeds from issuance of shares to non-controlling shareholders by a subsidiary$’000 30030 PDF p. 83
Proceeds from divestment of interest in a subsidiary$’000 30- PDF p. 83
Purchase of treasury shares 28$’000 -(140) PDF p. 83
Bank facility fees$’000 -(20) PDF p. 83
Interest paid$’000 (1,318)(1,955) PDF p. 83
Advances from associated company$’000 -1,919 PDF p. 83
Proceeds from short term borrowings - net$’000 5,000- PDF p. 83
Repayment of short term borrowings - net$’000 -(26,207) PDF p. 83
Repayment of bank and other loans$’000 (2,860)(2,203) PDF p. 83
Repayment of lease liabilities and hire purchase loan$’000 (2,119)(1,890) PDF p. 83
Net cash used in financing activities$’000 (10,921)(42,853) PDF p. 83
Net change in cash and cash equivalents$’000 94,19628,947 PDF p. 83
Cash and cash equivalents at beginning of financial year$’000 80,13350,682 PDF p. 83
Effect of changes in currency translation rates on cash and cash equivalents$’000 361504 PDF p. 83
Cash and cash equivalents at end of financial year$’000 174,69080,133 PDF p. 83
Definitions & sources

Original report: PDF p. 81 ↗ PDF p. 82 ↗ PDF p. 83 ↗

Note 1: During the financial year, a listed subsidiary of the Company, Lum Chang Creations Limited (“LCC”), issued new ordinary shares as follows: (a) 35,000,000 ordinary shares at $0.25 per share pursuant to its initial public offering (“IPO”) on 21 July 2025 and received net proceeds of $8.3 million; and (b) 15,000,000 ordinary shares at $0.759 per share pursuant to a placement exercise which was completed on 30 June 2026 for net proceeds of $11.1 million. The net proceeds for the IPO were fully received during the financial year. For the placement under (b), $1.3 million of the net proceeds was received by 30 June 2026. The remaining $9.8 million was recorded as other receivables as at 30 June 2026 and received subsequent to financial year end on 1 July 2026. Accordingly, the remaining placement proceeds of $9.8 million received after the financial year end will be reflected in the consolidated statement of cash flows for the financial year ended 30 June 2027. Note 2: On 18 June 2026, the Group divested 12,300,000 ordinary shares of LCC at $0.759 per share pursuant to the placement exercise referred to in Note 1(b) for net proceeds of $9.1 million, without a loss of control in LCC. The divestment proceeds were recorded as other receivables as at 30 June 2026 and received on 1 July 2026. Accordingly, the receipts will be reflected in the consolidated statement of cash flows for the financial year ended 30 June 2027.

Group Financial Highlights

14 metrics

Units appear below each metric. Scroll to compare years

Group Financial Highlights from ANNUAL REPORT
Metric / unit 2026Group2025Group Source
For the Year
Revenue$’000 645,935462,868 PDF p. 64
Profit
Before income tax$’000 64,06522,655 PDF p. 64
After income tax$’000 51,85618,737 PDF p. 64
Attributable to equity holders of the Company$’000 35,43615,579 PDF p. 64
Profit attributable to equity holders of the Company as a percentage of
Total revenue% 5.493.37 PDF p. 64
Average shareholders’ equity% 18.869.47 PDF p. 64
At 30 June
Shareholders’ equity$’000 208,431167,304 PDF p. 64
Total equity$’000 237,740173,527 PDF p. 64
Total assets$’000 549,591405,248 PDF p. 64
Per share
Profit attributable to equity holders of the Company (Note 1)¢ per share 9.464.16 PDF p. 64
Net asset value (Note 2)$ per share 0.560.45 PDF p. 64
Dividends paid & proposed (Note 3)
Special dividend¢ per share 3.501.00 PDF p. 64
Interim dividend¢ per share 0.502.00 PDF p. 64
Final dividend¢ per share 1.001.00 PDF p. 64
Definitions & sources

Original report: PDF p. 64 ↗

1. Earnings per share (basic) is computed based on the weighted average capital (excluding treasury shares) during the year.

2. Net asset value per share is computed by dividing the shareholders’ equity by the number of ordinary shares (excluding treasury shares) in issue at each year end.

3. Please refer to Note 32 of the Notes to the Financial Statements for the treatment of the proposed dividend in the accounts.

The original attached currency, percentage and cents glyphs are represented by the row units. No value or unit conversion is performed.

Group financial highlights — change (%)

9 metrics

Units appear below each metric. Scroll to compare years

Group financial highlights — change (%) from ANNUAL REPORT
Metric / unit 2026Group — Increase/(Decrease) (%) 2026 vs 2025 Source
For the Year
Revenue% 40 PDF p. 64
Profit
Before income tax% 183 PDF p. 64
After income tax% 177 PDF p. 64
Attributable to equity holders of the Company% 127 PDF p. 64
At 30 June
Shareholders’ equity% 25 PDF p. 64
Total equity% 37 PDF p. 64
Total assets% 36 PDF p. 64
Per share
Profit attributable to equity holders of the Company (Note 1)% 127 PDF p. 64
Net asset value (Note 2)% 24 PDF p. 64
Definitions & sources

Original report: PDF p. 64 ↗

1. Earnings per share (basic) is computed based on the weighted average capital (excluding treasury shares) during the year.

2. Net asset value per share is computed by dividing the shareholders’ equity by the number of ordinary shares (excluding treasury shares) in issue at each year end.

3. Please refer to Note 32 of the Notes to the Financial Statements for the treatment of the proposed dividend in the accounts.

The original attached currency, percentage and cents glyphs are represented by the row units. No value or unit conversion is performed.

Five-Year Financial Summary

27 metrics

Units appear below each metric. Scroll to compare years

Five-Year Financial Summary from ANNUAL REPORT
Metric / unit 2026Group2025Group2024Group2023Group2022Group Source
Consolidated Income Statement
Revenue$’000 645,935462,868500,418393,421416,790 PDF p. 65
Profit/(loss) before income tax$’000 64,06522,65512,509(23,398)(11,876) PDF p. 65
Profit/(loss) after income tax$’000 51,85618,7379,261(27,610)(11,382) PDF p. 65
Profit/(loss) attributable to equity holders of the Company$’000 35,43615,5797,361(28,662)(10,828) PDF p. 65
Profit/(loss) attributable to non-controlling interests$’000 16,4203,1581,9001,052(554) PDF p. 65
Consolidated Balance Sheet
Property, plant and equipment & investment properties$’000 57,32254,94951,24053,29455,766 PDF p. 65
Investments in associated companies & joint ventures$’000 17,92419,82520,24423,46627,539 PDF p. 65
Other assets$’000 474,345330,474367,480365,004376,894 PDF p. 65
Total assets$’000 549,591405,248438,964441,764460,199 PDF p. 65
Total borrowings$’000 43,08540,01867,63065,62570,787 PDF p. 65
Other liabilities$’000 268,766191,703205,401205,592179,707 PDF p. 65
Total liabilities$’000 311,851231,721273,031271,217250,494 PDF p. 65
Net assets$’000 237,740173,527165,933170,547209,705 PDF p. 65
Share capital$’000 86,57286,57286,57286,57286,572 PDF p. 65
Treasury shares$’000 (3,443)(3,443)(3,303)(2,845)(2,845) PDF p. 65
Capital and other reserves$’000 28,94025,84324,49530,80536,255 PDF p. 65
Retained profits$’000 96,36258,33253,99252,28187,535 PDF p. 65
Shareholders’ equity$’000 208,431167,304161,756166,813207,517 PDF p. 65
Non-controlling interests$’000 29,3096,2234,1773,7342,188 PDF p. 65
Total equity$’000 237,740173,527165,933170,547209,705 PDF p. 65
Ratios: Profit/(loss) attributable to equity holders of the Company as a percentage of
Total revenue% 5.493.371.47(7.29)(2.60) PDF p. 65
Average shareholders’ equity% 18.869.474.48(15.31)(4.85) PDF p. 65
Per share
Earnings/(loss) attributable to the equity holders of the Company (Note 1)¢ per share 9.464.161.96(7.61)(2.87) PDF p. 65
Net asset value (Note 2)$ per share 0.560.450.430.440.55 PDF p. 65
Dividends paid & proposed (Note 3)
Special dividend¢ per share 3.501.00--2.25 PDF p. 65
Interim dividend¢ per share 0.502.000.500.750.75 PDF p. 65
Final dividend¢ per share 1.001.001.001.001.00 PDF p. 65
Definitions & sources

Original report: PDF p. 65 ↗

1. Earnings per share (basic) is computed based on the weighted average capital (excluding treasury shares) during the year.

2. Net asset value per share is computed by dividing the shareholders’ equity by the number of ordinary shares (excluding treasury shares) in issue at each year end.

3. Please refer to Note 32 of the Notes to the Financial Statements for the treatment of the proposed dividend in the accounts.

The original attached currency, percentage and cents glyphs are represented by the row units. No value or unit conversion is performed.

Reconciliation of liabilities arising from financing activities — FY2026

3 metrics

Units appear below each metric. Scroll to compare years

Reconciliation of liabilities arising from financing activities — FY2026 from ANNUAL REPORT
Metric / unit 2025Group — 1 July2026Group — Principal and interest payments2026Group — Proceeds from short term borrowings – net2026Group — Repayment of short term borrowings - net2026Group — Modification of lease liability2026Group — Addition during the year2026Group — Interest expense2026Group — Disposal during the year2026Group — Other Payable2026Group — Foreign exchange movement2026Group — 30 June Source
Reconciliation of liabilities arising from financing activities
Bank and other loans$’000 37,006(2,860)5,000---20--13239,298 PDF p. 84
Lease liabilities and hire purchase loan$’000 3,012(2,258)--1,1213,212139(1,042)(420)233,787 PDF p. 84
Trade and other pa Loan interest payable$’000 3(1,179)----1,185--110 PDF p. 84
Definitions & sources

Original report: PDF p. 84 ↗

Reconciliation of liabilities arising from financing activities — FY2025

3 metrics

Units appear below each metric. Scroll to compare years

Reconciliation of liabilities arising from financing activities — FY2025 from ANNUAL REPORT
Metric / unit 2024Group — 1 July2025Group — Principal and interest payments2025Group — Proceeds from short term borrowings – net2025Group — Repayment of short term borrowings - net2025Group — Modification of lease liability2025Group — Addition during the year2025Group — Interest expense2025Group — Disposal of lease liability2025Group — Foreign exchange movement2025Group — 30 June Source
Reconciliation of liabilities arising from financing activities
Bank and other loans$’000 65,051(2,203)-(26,207)--80-28537,006 PDF p. 84
Lease liabilities and hire purchase loan$’000 2,579(1,926)--1,41586036-483,012 PDF p. 84
Trade and other pa Loan interest payable$’000 14(1,919)----1,848-603 PDF p. 84
Definitions & sources

Original report: PDF p. 84 ↗

Balance sheet — Company — FY2024 report

24 metrics

Units appear below each metric. Scroll to compare years

Balance sheet — Company — FY2024 report from ANNUAL REPORT
Metric / unit 2024Company2023Company (Restated) Source
Current assets
Cash and cash equivalents$’000 12,86450,825 PDF p. 73
Trade and other receivables 1$’000 43,12142,590 PDF p. 73
Other current assets 1$’000 13269 PDF p. 73
Subtotal$’000 56,11793,484 PDF p. 73
Non-current assets
Trade and other receivables 1$’000 113,361118,856 PDF p. 73
Club memberships$’000 177297 PDF p. 73
Investments in subsidiaries$’000 27,30035,828 PDF p. 73
Property, plant and equipment$’000 1,9561,977 PDF p. 73
Other non-current assets 1$’000 -126 PDF p. 73
Subtotal$’000 142,794157,084 PDF p. 73
Total assets$’000 198,911250,568 PDF p. 73
Current liabilities
Trade and other payables 2$’000 96,50597,225 PDF p. 73
Financial liability, at FVPL 2$’000 -20,000 PDF p. 73
Borrowings$’000 6,33325,495 PDF p. 73
Subtotal$’000 102,838142,720 PDF p. 73
Non-current liabilities
Borrowings$’000 -333 PDF p. 73
Subtotal$’000 -333 PDF p. 73
Total liabilities$’000 102,838143,053 PDF p. 73
NET ASSETS$’000 96,073107,515 PDF p. 73
EQUITY Capital and reserves attributable to the equity holders of the Company Share capital$’000 86,57286,572 PDF p. 73
Treasury shares$’000 (3,303)(2,845) PDF p. 73
Capital and other reserves 2$’000 3,1823,182 PDF p. 73
Retained profits 3$’000 9,62220,606 PDF p. 73
Total equity$’000 96,073107,515 PDF p. 73
Definitions & sources

Original report: PDF p. 73 ↗

The original Company FY2023 comparative column is marked (Restated); figures are retained from this FY2024 report.

Consolidated statement of changes in equity — FY2024

9 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of changes in equity — FY2024 from ANNUAL REPORT
Metric / unit 2024Group — Share capital2024Group — Treasury shares2024Group — Capital and other reserves2024Group — Retained profits2024Group — Total attributable to equity holders of the Company2024Group — Non-controlling interests2024Group — Total equity Source
2024
Balance as at 1 July 2023$’000 86,572(2,845)30,80552,281166,8133,734170,547 PDF p. 74
Net profit$’000 ---7,3617,3611,9009,261 PDF p. 74
Other comprehensive loss$’000 --(6,310)-(6,310)(11)(6,321) PDF p. 74
Total comprehensive (loss)/income$’000 --(6,310)7,3611,0511,8892,940 PDF p. 74
Purchase of treasury shares$’000 -(458)--(458)-(458) PDF p. 74
Dividends paid$’000 ---(5,650)(5,650)-(5,650) PDF p. 74
Dividends paid to non- controlling shareholders of subsidiaries$’000 -----(1,446)(1,446) PDF p. 74
Total transactions with owners, recognised directly in equity$’000 -(458)-(5,650)(6,108)(1,446)(7,554) PDF p. 74
Balance as at 30 June 2024$’000 86,572(3,303)24,49553,992161,7564,177165,933 PDF p. 74
Definitions & sources

Original report: PDF p. 74 ↗

Consolidated statement of changes in equity — FY2023

8 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of changes in equity — FY2023 from ANNUAL REPORT
Metric / unit 2023Group — Share capital2023Group — Treasury shares2023Group — Capital and other reserves2023Group — Retained profits2023Group — Total attributable to equity holders of the Company2023Group — Non-controlling interests2023Group — Total equity Source
2023
Balance as at 1 July 2022$’000 86,572(2,845)36,25587,535207,5172,188209,705 PDF p. 75
Net (loss)/profit$’000 ---(28,662)(28,662)1,052(27,610) PDF p. 75
Other comprehensive (loss)/income$’000 --(5,450)-(5,450)4(5,446) PDF p. 75
Total comprehensive (loss)/income$’000 --(5,450)(28,662)(34,112)1,056(33,056) PDF p. 75
Dividends paid$’000 ---(6,592)(6,592)-(6,592) PDF p. 75
Capital contribution by a non- controlling shareholder of subsidiary$’000 -----490490 PDF p. 75
Total transactions with owners, recognised directly in equity$’000 ---(6,592)(6,592)490(6,102) PDF p. 75
Balance as at 30 June 2023$’000 86,572(2,845)30,80552,281166,8133,734170,547 PDF p. 75
Definitions & sources

Original report: PDF p. 75 ↗

Consolidated statement of cash flows — FY2024 report

56 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of cash flows — FY2024 report from ANNUAL REPORT
Metric / unit 2024Group2023Group Source
Cash flows from operating activities
Net profit/(loss)$’000 9,261(27,610) PDF p. 76
Adjustments for:
- Income tax expense 9(a)$’000 3,2484,212 PDF p. 76
- Share of losses of associated companies and joint ventures$’000 3,5322,480 PDF p. 76
- Allowance for impairment of non-trade receivables$’000 -55 PDF p. 76
- Amortisation of club memberships 6$’000 2123 PDF p. 76
- Depreciation of property, plant and equipment 6$’000 5,6246,116 PDF p. 76
- Dividend income from financial assets, at FVOCI 4(a)$’000 (863)(903) PDF p. 76
- Fair value losses/(gains) on investment properties 5(b)$’000 29(77) PDF p. 76
- Fair value gain on financial liability, at FVPL 5(b)$’000 -(547) PDF p. 76
- Fair value gain on financial asset, at FVPL 15(a)$’000 (1,989)- PDF p. 76
- Impairment/(writeback) on club memberships 17$’000 1(2) PDF p. 76
- Gain on disposal of property, plant and equipment - net 5(b)$’000 (135)(172) PDF p. 76
- Interest income 5(a)$’000 (1,431)(1,557) PDF p. 76
- Finance expense 8$’000 2,8953,156 PDF p. 76
- (Writeback of impairment)/impairment of property, plant and equipment 6$’000 (125)986 PDF p. 76
- Property, plant and equipment written off 6$’000 5746 PDF p. 76
- Gain on disposal of club memberships 5(b)$’000 (326)- PDF p. 76
Operating cash flows before working capital changes$’000 19,799(13,794) PDF p. 76
Changes in working capital:
- Trade and other receivables$’000 (18,948)(6,797) PDF p. 76
- Contract assets$’000 (28,285)1,810 PDF p. 76
- Contract liabilities$’000 (17,532)24,221 PDF p. 76
- Other current assets$’000 (3,026)6,811 PDF p. 76
- Development properties/properties held for sale$’000 70112,528 PDF p. 76
- Trade and other payables and provision for other liabilities$’000 37,7552,480 PDF p. 76
Cash (used in)/generated from operations$’000 (9,536)27,259 PDF p. 76
Income tax paid 9(b$’000 (304)(1,739) PDF p. 76
Net cash (used in)/provided by operating activities$’000 (9,840)25,520 PDF p. 76
Cash flows from investing activities
Investment in a joint venture$’000 (719)- PDF p. 77
Investment in an associated company$’000 (23)(26) PDF p. 77
Dividends received from a joint venture$’000 -97 PDF p. 77
Dividends received from financial assets, at FVOCI$’000 863903 PDF p. 77
Interest income received$’000 1,3841,317 PDF p. 77
Proceeds from disposal of club memberships$’000 430- PDF p. 77
Proceeds from disposal of property, plant and equipment$’000 1,449415 PDF p. 77
Proceeds from dissolution of a joint venture$’000 -235 PDF p. 77
Proceeds from disposal of financial assets, at amortised cost$’000 -4,000 PDF p. 77
Purchase of property, plant and equipment$’000 (4,597)(2,704) PDF p. 77
Purchase of investment properties$’000 -(701) PDF p. 77
Net cash (used in)/provided by investing activities$’000 (1,213)3,536 PDF p. 77
Cash flows from financing activities
Cash and cash equivalents pledged$’000 (11)34 PDF p. 77
Dividends paid 3$’000 (5,650)(6,592) PDF p. 77
Dividends paid to non-controlling shareholders of subsidiaries$’000 (1,446)- PDF p. 77
Proceeds from issuance of shares to non-controlling interest by a subsidiary$’000 -490 PDF p. 77
Purchase of treasury shares 2$’000 (458)- PDF p. 77
Bank facility fees$’000 (25)(32) PDF p. 77
Interest paid$’000 (2,852)(3,127) PDF p. 77
Proceeds from short term borrowings - net$’000 26,267- PDF p. 77
Proceeds from bank and other loans$’000 -38,893 PDF p. 77
Repayment of bank and other loans$’000 (22,436)(43,339) PDF p. 77
Repayment of lease liabilities and hire purchase loan$’000 (2,018)(2,040) PDF p. 77
Repayment of financial liability, at FVPL$’000 (20,000)- PDF p. 77
Net cash used in financing activities$’000 (28,629)(15,713) PDF p. 77
Net change in cash and cash equivalents$’000 (39,682)13,343 PDF p. 77
Cash and cash equivalents at beginning of financial year$’000 90,48078,675 PDF p. 77
Effect of changes in currency translation rates on cash and cash equivalents$’000 (116)(1,538) PDF p. 77
Cash and cash equivalents at end of financial year$’000 50,68290,480 PDF p. 77
Definitions & sources

Original report: PDF p. 76 ↗ PDF p. 77 ↗

Reconciliation of liabilities arising from financing activities — FY2024

4 metrics

Units appear below each metric. Scroll to compare years

Reconciliation of liabilities arising from financing activities — FY2024 from ANNUAL REPORT
Metric / unit 2023Group — 1 July2024Group — Proceeds from loans2024Group — Principal and interest payments2024Group — Proceeds from short term borrowings – net2024Group — Modification of lease liability2024Group — Addition during the year2024Group — Fair value gain2024Group — Interest expense2024Group — Disposal of lease liability2024Group — Foreign exchange movement2024Group — 30 June Source
Reconciliation of liabilities arising from financing activities
Bank and other loans$’000 61,266-(22,436)26,267---20-(66)65,051 PDF p. 78
Lease liabilities and hire purchase loan$’000 4,359-(2,079)-220503-61(478)(7)2,579 PDF p. 78
Financial liability, a Financial liability, at FVPL$’000 20,000-(20,026)----26--- PDF p. 78
Trade and other payabl Loan interest payable$’000 16-(2,765)----2,763--14 PDF p. 78
Definitions & sources

Original report: PDF p. 78 ↗

Reconciliation of liabilities arising from financing activities — FY2023

4 metrics

Units appear below each metric. Scroll to compare years

Reconciliation of liabilities arising from financing activities — FY2023 from ANNUAL REPORT
Metric / unit 2022Group — 1 July2023Group — Proceeds from loans2023Group — Principal and interest payments2023Group — Proceeds from short term borrowings – net2023Group — Modification of lease liability2023Group — Addition during the year2023Group — Fair value gain2023Group — Interest expense2023Group — Disposal of lease liability2023Group — Foreign exchange movement2023Group — 30 June Source
Reconciliation of liabilities arising from financing activities
Bank and other loans$’000 66,60238,893(43,339)----19-(909)61,266 PDF p. 78
Lease liabilities and hire purchase loan$’000 4,185-(2,110)-1,2721,091-70-(149)4,359 PDF p. 78
Financial liability, a Financial liability, at FVPL$’000 20,547-(444)---(547)444--20,000 PDF p. 78
Trade and other payabl Loan interest payable$’000 37-(2,613)----2,592--16 PDF p. 78
Definitions & sources

Original report: PDF p. 78 ↗

Consolidated income statement — FY2022 report

16 metrics

Units appear below each metric. Scroll to compare years

Consolidated income statement — FY2022 report from ANNUAL REPORT
Metric / unit 2022Group2021Group Source
income
Revenue$’000 416,790325,621 PDF p. 98
Cost of sales$’000 (400,140)(292,691) PDF p. 98
Gross profit$’000 16,65032,930 PDF p. 98
Other income$’000 4,3157,896 PDF p. 98
Other gains - net$’000 1,2658,303 PDF p. 98
Expenses - Distribution and marketing$’000 (1,962)(1,129) PDF p. 98
- Administrative and general$’000 (25,346)(25,746) PDF p. 98
- Finance$’000 (3,749)(4,772) PDF p. 98
Share of profits of associated companies$’000 415655 PDF p. 98
Share of losses of joint ventures$’000 (3,464)(7,084) PDF p. 98
(Loss)/profit before income tax$’000 (11,876)11,053 PDF p. 98
Income tax credit/(expense)$’000 494(2,996) PDF p. 98
Net (loss)/profit$’000 (11,382)8,057 PDF p. 98
Net (loss)/profit attributable to: Equity holders of the Company$’000 (10,828)2,973 PDF p. 98
Non-controlling interests$’000 (554)5,084 PDF p. 98
Subtotal$’000 (11,382)8,057 PDF p. 98
Definitions & sources

Original report: PDF p. 98 ↗

Earnings per share — FY2022 report

2 metrics

Units appear below each metric. Scroll to compare years

Earnings per share — FY2022 report from ANNUAL REPORT
Metric / unit 2022Group2021Group Source
income
(Loss)/earnings per ordinary share attributable to the equity holders of the Company (cents per share) - Basiccents per share (2.87)0.79 PDF p. 98
- Dilutedcents per share (2.87)0.79 PDF p. 98
Definitions & sources

Original report: PDF p. 98 ↗

Consolidated statement of comprehensive income — FY2022 report

13 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of comprehensive income — FY2022 report from ANNUAL REPORT
Metric / unit 2022Group2021Group Source
oci
Net (loss)/profit$’000 (11,382)8,057 PDF p. 99
Items that may be reclassified subsequently to profit or loss:
Currency translation differences arising from consolidation - (Losses)/gains$’000 (1,761)2,586 PDF p. 99
- Reclassification$’000 (798)86 PDF p. 99
Share of other comprehensive income of associated companies$’000 -22 PDF p. 99
Subtotal$’000 (2,559)2,694 PDF p. 99
Items that will not be reclassified subsequently to profit or loss:
Currency translation differences arising from consolidation - (Losses)/gains$’000 (545)1,255 PDF p. 99
Financial assets, at fair value through other comprehensive income (“FVOCI”) - Fair value losses$’000 (2,714)(1,193) PDF p. 99
Subtotal$’000 (3,259)62 PDF p. 99
Other comprehensive (loss)/income for the year, net of tax$’000 (5,818)2,756 PDF p. 99
Total comprehensive (loss)/income for the year$’000 (17,200)10,813 PDF p. 99
Total comprehensive (loss)/income attributable to: Equity holders of the Company$’000 (16,101)4,474 PDF p. 99
Non-controlling interests$’000 (1,099)6,339 PDF p. 99
Subtotal$’000 (17,200)10,813 PDF p. 99
Definitions & sources

Original report: PDF p. 99 ↗

Balance sheet — Group — FY2022 report

40 metrics

Units appear below each metric. Scroll to compare years

Balance sheet — Group — FY2022 report from ANNUAL REPORT
Metric / unit 2022Group2021Group Source
Current assets
Cash and cash equivalents$’000 79,264100,078 PDF p. 100
Trade and other receivables 1$’000 45,02149,487 PDF p. 100
Contract assets 4$’000 64,13656,777 PDF p. 100
Other financial assets$’000 4,000- PDF p. 100
Tax recoverable 9$’000 195244 PDF p. 100
Properties held for sale$’000 15,9181,352 PDF p. 100
Development properties$’000 21,46394,648 PDF p. 100
Other current assets 1$’000 14,1986,046 PDF p. 100
Subtotal$’000 244,195308,632 PDF p. 100
Non-current assets
Trade and other receivables 1$’000 103,93986,594 PDF p. 100
Club memberships$’000 288309 PDF p. 100
Other financial assets$’000 21,24123,953 PDF p. 100
Investments in joint ventures$’000 21,06924,932 PDF p. 100
Investments in associated companies$’000 6,4705,622 PDF p. 100
Investment properties$’000 19,286119,833 PDF p. 100
Property, plant and equipment$’000 36,48036,447 PDF p. 100
Deferred income tax assets$’000 6,3914,598 PDF p. 100
Other non-current assets 1$’000 8404,154 PDF p. 100
Subtotal$’000 216,004306,442 PDF p. 100
Total assets$’000 460,199615,074 PDF p. 100
Current liabilities
Trade and other payables 2$’000 93,44197,628 PDF p. 100
Contract liabilities 4$’000 6,3301,125 PDF p. 100
Provision for other liabilities 2$’000 33,00712,274 PDF p. 100
Current income tax liabilities 9$’000 1,4281,051 PDF p. 100
Borrowings$’000 48,44252,606 PDF p. 100
Subtotal$’000 182,648164,684 PDF p. 100
Non-current liabilities
Trade and other payables 2$’000 24,73117,565 PDF p. 100
Financial liability, at FVPL 2$’000 20,547- PDF p. 100
Borrowings$’000 22,345174,640 PDF p. 100
Deferred income tax liabilities$’000 223139 PDF p. 100
Subtotal$’000 67,846192,344 PDF p. 100
Total liabilities$’000 250,494357,028 PDF p. 100
NET ASSETS$’000 209,705258,046 PDF p. 100
EQUITY Capital and reserves attributable to the equity holders of the Company Share capital$’000 86,57286,572 PDF p. 100
Treasury shares$’000 (2,845)(2,845) PDF p. 100
Capital and other reserves 2$’000 36,25541,528 PDF p. 100
Retained profits 3$’000 87,535113,431 PDF p. 100
Subtotal$’000 207,517238,686 PDF p. 100
Non-controlling interests$’000 2,18819,360 PDF p. 100
Total equity$’000 209,705258,046 PDF p. 100
Definitions & sources

Original report: PDF p. 100 ↗

Balance sheet — Company — FY2022 report

25 metrics

Units appear below each metric. Scroll to compare years

Balance sheet — Company — FY2022 report from ANNUAL REPORT
Metric / unit 2022Company2021Company Source
Current assets
Cash and cash equivalents$’000 28,08715,418 PDF p. 101
Trade and other receivables 1$’000 49,94454,425 PDF p. 101
Other current assets 1$’000 3124 PDF p. 101
Subtotal$’000 78,03469,967 PDF p. 101
Non-current assets
Trade and other receivables 1$’000 132,457130,012 PDF p. 101
Club memberships$’000 311325 PDF p. 101
Investments in subsidiaries$’000 35,82872,311 PDF p. 101
Property, plant and equipment$’000 2,6261,518 PDF p. 101
Other non-current assets 1$’000 126- PDF p. 101
Subtotal$’000 171,348204,166 PDF p. 101
Total assets$’000 249,382274,133 PDF p. 101
Current liabilities
Trade and other payables 2$’000 98,482139,726 PDF p. 101
Current income tax liabilities 9$’000 160198 PDF p. 101
Borrowings$’000 51240,319 PDF p. 101
Subtotal$’000 99,154180,243 PDF p. 101
Non-current liabilities
Financial liability, at FVPL 2$’000 20,547- PDF p. 101
Borrowings$’000 20,82741 PDF p. 101
Subtotal$’000 41,37441 PDF p. 101
Total liabilities$’000 140,528180,284 PDF p. 101
NET ASSETS$’000 108,85493,849 PDF p. 101
EQUITY Capital and reserves attributable to the equity holders of the Company Share capital$’000 86,57286,572 PDF p. 101
Treasury shares$’000 (2,845)(2,845) PDF p. 101
Capital and other reserves 2$’000 3,1823,182 PDF p. 101
Retained profits 3$’000 21,9456,940 PDF p. 101
Total equity$’000 108,85493,849 PDF p. 101
Definitions & sources

Original report: PDF p. 101 ↗

Consolidated statement of changes in equity — FY2022

12 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of changes in equity — FY2022 from ANNUAL REPORT
Metric / unit 2022Group — Share capital2022Group — Treasury shares2022Group — Capital and other reserves2022Group — Retained profits2022Group — Total attributable to equity holders of the Company2022Group — Non-controlling interests2022Group — Total equity Source
2022
Balance as at 1 July 2021$’000 86,572(2,845)41,528113,431238,68619,360258,046 PDF p. 102
Net loss$’000 ---(10,828)(10,828)(554)(11,382) PDF p. 102
Other comprehensive loss$’000 --(5,273)-(5,273)(545)(5,818) PDF p. 102
Total comprehensive loss$’000 --(5,273)(10,828)(16,101)(1,099)(17,200) PDF p. 102
Interim dividend for FY2022$’000 ---(2,825)(2,825)-(2,825) PDF p. 102
Special dividend for FY2022$’000 ---(8,476)(8,476)-(8,476) PDF p. 102
Final dividend for FY2021$’000 ---(3,767)(3,767)-(3,767) PDF p. 102
Capital contribution by a non- controlling shareholder of subsidiary$’000 -----300300 PDF p. 102
Interim dividend paid to non- controlling shareholders of subsidiaries 2$’000 -----(1,599)(1,599) PDF p. 102
Transaction with non- controlling shareholders of subsidiaries 2$’000 -----(14,774)(14,774) PDF p. 102
Total transactions with owners, recognised directly in equity$’000 ---(15,068)(15,068)(16,073)(31,141) PDF p. 102
Balance as at 30 June 2022$’000 86,572(2,845)36,25587,535207,5172,188209,705 PDF p. 102
Definitions & sources

Original report: PDF p. 102 ↗

Consolidated statement of changes in equity — FY2021

10 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of changes in equity — FY2021 from ANNUAL REPORT
Metric / unit 2021Group — Share capital2021Group — Treasury shares2021Group — Capital and other reserves2021Group — Retained profits2021Group — Total attributable to equity holders of the Company2021Group — Non-controlling interests2021Group — Total equity Source
2021
Balance as at 1 July 2020$’000 86,572(2,845)40,027133,059256,81313,609270,422 PDF p. 103
Net profit$’000 ---2,9732,9735,0848,057 PDF p. 103
Other comprehensive income$’000 --1,501-1,5011,2552,756 PDF p. 103
Total comprehensive income$’000 --1,5012,9734,4746,33910,813 PDF p. 103
Interim dividend for FY2021 3$’000 ---(2,825)(2,825)-(2,825) PDF p. 103
Special dividend for FY2021 3$’000 ---(16,009)(16,009)-(16,009) PDF p. 103
Final dividend for FY2020 3$’000 ---(3,767)(3,767)-(3,767) PDF p. 103
Interim dividend paid/ payable to non-controlling shareholders of subsidiaries 2$’000 -----(588)(588) PDF p. 103
Total transactions with owners, recognised directly in equity$’000 ---(22,601)(22,601)(588)(23,189) PDF p. 103
Balance as at 30 June 2021$’000 86,572(2,845)41,528113,431238,68619,360258,046 PDF p. 103
Definitions & sources

Original report: PDF p. 103 ↗

Consolidated statement of cash flows — FY2022 report

58 metrics

Units appear below each metric. Scroll to compare years

Consolidated statement of cash flows — FY2022 report from ANNUAL REPORT
Metric / unit 2022Group2021Group Source
Cash flows from operating activities
Net (loss)/profit$’000 (11,382)8,057 PDF p. 104
Adjustments for:
- Income tax (credit)/expense$’000 (494)2,996 PDF p. 104
- Share of losses of associated companies and joint ventures$’000 3,0496,429 PDF p. 104
- Allowance for impairment of receivables$’000 55791 PDF p. 104
- Amortisation of club memberships$’000 2433 PDF p. 104
- Depreciation of property, plant and equipment$’000 6,4205,455 PDF p. 104
- Dividend income from financial assets, at FVOCI$’000 (880)(832) PDF p. 104
- Fair value gains on investment properties$’000 (100)(16,393) PDF p. 104
- Fair value loss on financial assets, at FVPL$’000 -7,748 PDF p. 104
- Fair value loss on financial liability, at FVPL$’000 547- PDF p. 104
- Gain on disposal of subsidiaries$’000 (827)- PDF p. 104
- Write back on club memberships$’000 (3)- PDF p. 104
- Gain on disposal of property, plant and equipment - net$’000 (62)(522) PDF p. 104
- Interest income$’000 (224)(287) PDF p. 104
- Finance expense$’000 3,7494,772 PDF p. 104
- Property, plant and equipment written off$’000 2644 PDF p. 104
Operating cash flow before working capital changes$’000 (102)18,291 PDF p. 104
Change in working capital, net of effects from disposal of subsidiaries: - Trade and other receivables$’000 (11,142)(27,665) PDF p. 104
- Contract assets$’000 (7,359)(40,056) PDF p. 104
- Contract liabilities$’000 5,204(27,284) PDF p. 104
- Other current assets$’000 (6,325)1,331 PDF p. 104
- Development properties/properties held for sale$’000 57,54926,087 PDF p. 104
- Trade and other payables and provision for other liabilities$’000 26,53622,408 PDF p. 104
Cash generated from/(used in) operations$’000 64,361(26,888) PDF p. 104
Income tax paid$’000 (837)(6,130) PDF p. 104
Net cash provided by/(used in) operating activities$’000 63,524(33,018) PDF p. 104
Cash flows from investing activities
Investment in an associated company$’000 (343)(301) PDF p. 105
Investment in financial asset, at amortised cost 1$’000 (4,000)- PDF p. 105
Dividends received from a joint venture$’000 -1,958 PDF p. 105
Dividends received from financial assets, at FVOCI 4$’000 880832 PDF p. 105
Expenditure on investment property$’000 -(44,065) PDF p. 105
Interest income received$’000 184268 PDF p. 105
Proceeds from disposal of subsidiaries, net of cash disposed$’000 51,279- PDF p. 105
Proceeds from disposal of club memberships$’000 -10 PDF p. 105
Proceeds from disposal of property, plant and equipment$’000 4991,275 PDF p. 105
Purchase of financial assets, at FVOCI$’000 (2)- PDF p. 105
Purchase of property, plant and equipment$’000 (2,472)(8,702) PDF p. 105
Advances to joint ventures$’000 (3,350)(49) PDF p. 105
Repayment from a joint venture$’000 49- PDF p. 105
Net cash provided by/(used in) investing activities$’000 42,724(48,774) PDF p. 105
Cash flows from financing activities
Cash and cash equivalents pledged$’000 9(5) PDF p. 105
Dividends paid$’000 (15,068)(22,601) PDF p. 105
Dividends paid to non-controlling shareholders of subsidiaries$’000 (1,692)(201) PDF p. 105
Distributions to non-controlling shareholder of a subsidiary$’000 (14,774)- PDF p. 105
Bank facility fees$’000 (38)(38) PDF p. 105
Interest paid$’000 (4,331)(5,709) PDF p. 105
Proceeds from bank loans$’000 31,21867,294 PDF p. 105
Proceeds from financial liability, at FVPL 2$’000 20,000- PDF p. 105
Repayment of bank loans$’000 (97,067)(8,826) PDF p. 105
Redemption of medium term note$’000 (40,000)- PDF p. 105
Repayment of lease liabilities and hire purchase loan$’000 (2,261)(1,381) PDF p. 105
Repayment of advance to a non-controlling shareholder of a subsidiary$’000 (1,107)- PDF p. 105
Advance from a non-controlling shareholder of a subsidiary$’000 -1,122 PDF p. 105
Net cash (used in)/provided by financing activities$’000 (125,111)29,655 PDF p. 105
Net change in cash and cash equivalents$’000 (18,863)(52,137) PDF p. 105
Cash and cash equivalents at beginning of financial year$’000 99,480150,433 PDF p. 105
Effect of changes in currency translation rates on cash and cash equivalents$’000 (1,942)1,184 PDF p. 105
Cash and cash equivalents at end of financial year$’000 78,67599,480 PDF p. 105
Definitions & sources

Original report: PDF p. 104 ↗ PDF p. 105 ↗

Reconciliation of liabilities arising from financing activities — FY2022

6 metrics

Units appear below each metric. Scroll to compare years

Reconciliation of liabilities arising from financing activities — FY2022 from ANNUAL REPORT
Metric / unit 2021Group — 1 July2022Group — Proceeds from loans2022Group — Principal and interest payments2022Group — Disposal of subsidiaries (Note 11)2022Group — Addition during the year2022Group — Fair value loss2022Group — Interest expense2022Group — Foreign exchange movement2022Group — 30 June Source
Reconciliation of liabilities arising from financing activities
Bank loans$’000 182,73731,218(97,067)(49,570)--18(734)66,602 PDF p. 106
Lease liabilities and hire purchase loan$’000 4,526-(2,351)-1,979-90(59)4,185 PDF p. 106
Medium term notes, net of transaction costs$’000 39,983-(40,000)---17-- PDF p. 106
Financial liability, at Financial liability, at FVPL$’000 -20,000(420)--547420-20,547 PDF p. 106
Loan interest payable$’000 692-(3,821)---3,166-37 PDF p. 106
Advances from non-controlling shareholders of subsidiaries$’000 1,122-(1,107)----(15)- PDF p. 106
Definitions & sources

Original report: PDF p. 106 ↗

Reconciliation of liabilities arising from financing activities — FY2021

5 metrics

Units appear below each metric. Scroll to compare years

Reconciliation of liabilities arising from financing activities — FY2021 from ANNUAL REPORT
Metric / unit 2020Group — 1 July2021Group — Proceeds from loans2021Group — Principal and interest payments2021Group — Addition during the year2021Group — Modification of lease liability2021Group — Interest expense2021Group — Foreign exchange movement2021Group — 30 June Source
Reconciliation of liabilities arising from financing activities
Bank loans$’000 124,36867,294(8,826)--18(117)182,737 PDF p. 106
Lease liabilities and hire purchase loan$’000 4,276-(1,493)1,860(216)112(13)4,526 PDF p. 106
Medium term notes, net of transaction costs$’000 39,911----72-39,983 PDF p. 106
Loan interest payable$’000 678-(5,597)--5,611-692 PDF p. 106
Advances from non- controlling shareholders of subsidiaries$’000 -1,122-----1,122 PDF p. 106
Definitions & sources

Original report: PDF p. 106 ↗

Where the money comes from

Segment information

By business

Segment information - income statement items, FY ended 30 June 9 lines
Segment information - income statement items, FY ended 30 June
Item / unit 2026Construction2026Restoration & interior fit-out2026Property development and investment2026Investment holding and others2026Total2025Construction2025Restoration & interior fit-out2025Property development and investment2025Investment holding and others2025Total Source
Financial year ended 30 June
Total segment sales$’000 522,242101,57326,16421,080671,059342,065113,55015,80413,294484,713 PDF p. 168PDF p. 169
Inter-segment revenue$’000 -(3,201)(1,474)(20,449)(25,124)-(8,253)(1,437)(12,155)(21,845) PDF p. 168PDF p. 169
Sales to external parties$’000 522,24298,37224,690631645,935342,065105,29714,3671,139462,868 PDF p. 168PDF p. 169
Segment results$’000 45,11328,237841(8,782)65,4099,52216,5622,610(4,055)24,639 PDF p. 168PDF p. 169
Finance expense$’000 (26)(153)(995)(170)(1,344)(67)(58)(1,702)(157)(1,984) PDF p. 168PDF p. 169
Income tax expense$’000 (6,208)(5,194)(502)(305)(12,209) PDF p. 168
Net profit/(loss)$’000 38,87922,890(656)(9,257)51,8569,47213,492(15)(4,212)18,737 PDF p. 168PDF p. 169
Segment results include
Interest income$’000 519464171531,2071,120340536542,167 PDF p. 168PDF p. 169
Depreciation of property, plant and equipment$’000 (4,281)(972)(890)(347)(6,490)(4,674)(510)(792)(346)(6,322) PDF p. 168PDF p. 169
Notes

Segment information for financial year ended 30 June 2026 (Note 37). Amounts in $'000.

Segment information for financial year ended 30 June 2025 (Note 37). Amounts in $'000.

Segment assets and liabilities as at 30 June 4 lines
Segment assets and liabilities as at 30 June
Item / unit 2026Construction2026Restoration & interior fit-out2026Property development and investment2026Investment holding and others2026Elimination2026Total2025Construction2025Restoration & interior fit-out2025Property development and investment2025Investment holding and others2025Elimination2025Total Source
As at 30 June
Segment assets$’000 268,07081,530172,55036,844(11,335)547,659143,01466,551176,73428,089(10,787)403,601 PDF p. 170PDF p. 171
Segment assets include
Investment in associates and joint ventures$’000 --17,85470-17,924--19,676149-19,825 PDF p. 170PDF p. 171
Capital expenditure on property, plant and equipment$’000 9,8032,582202753-13,3405,1583,956150707-9,971 PDF p. 170PDF p. 171
As at 30 June
Segment liabilities$’000 (226,985)(24,631)(6,835)(5,371)6,923(256,899)(141,714)(38,970)(9,161)(3,639)5,537(187,947) PDF p. 170PDF p. 171
Notes

Amounts in $'000. Borrowings, deferred income tax and current income tax liabilities are not allocated to segments.

Amounts in $'000.

By geography

Geographical information - total sales and non-current assets 4 lines
Geographical information - total sales and non-current assets
Item / unit 2026Total sales2025Total sales2026Non-current assets*2025Non-current assets* Source
Geographical information
Singapore$’000 621,434449,15056,84754,711 PDF p. 173
Malaysia$’000 24,50113,718489615 PDF p. 173
Thailand$’000 --688633 PDF p. 173
Total (geographical subtotal)$’000 645,935462,86858,02455,959 PDF p. 173
Notes

* Non-current assets exclude trade and other receivables, other financial assets, and deferred tax assets.

Revenue and non-current segment assets are shown by the geographical area where the assets are located.

Debt

Borrowings

Borrowing notes 2 tables

Borrowings

Borrowings
Item / unit 2026Group $'0002025Group $'0002026Company $'0002025Company $'000 Source
Current
Term loans$'000 11,3337,76210,0005,000 PDF p. 148
Lease liabilities$'000 1,8021,494451426 PDF p. 148
Hire purchase loan$'000 172105-- PDF p. 148
Current total$'000 13,3079,36110,4515,426 PDF p. 148
Non-current
Term loans$'000 27,96529,244-- PDF p. 148
Lease liabilities$'000 1,3321,085316767 PDF p. 148
Hire purchase loan$'000 481328-- PDF p. 148
Non-current total$'000 29,77830,657316767 PDF p. 148
Total
Total borrowings$'000 43,08540,01810,7676,193 PDF p. 148
Notes

Secured: Certain revolving and term loans amounting to $29,299,000 (2025: $32,006,000) are secured by a development property, an investment property, a leasehold building, assignment of sales and rental proceeds and insurance policies, and corporate guarantee from the Company.

Carrying amount of non-current borrowings approximates fair value.

Covenants: major non-current term loans carrying amount $27,965,000 (2025: $27,946,000); debt servicing ratio not less than 100%; secured term loans not to exceed 75% of mortgaged properties' market values. Complied.

Variable rate borrowings denominated mainly in SGD and RM (2025: SGD and RM). Bank loans variable rate; term loan fixed rate. No interest rate percentage range printed.

Note 35(a)(iii) Interest rate exposure and repricing of borrowings

Note 35(a)(iii) Interest rate exposure and repricing of borrowings
Item / unit 2026Group 30 June $'0002025Group 30 June $'0002026Company 30 June $'0002025Company 30 June $'000 Source
Interest rate exposure
Variable rate borrowings$'000 39,29837,00610,0005,000 PDF p. 157
Fixed rate borrowings - repricing or maturity dates
Less than 6 months$'000 1,6151,024222207 PDF p. 157
6 to 12 months$'000 359575229219 PDF p. 157
1 to 5 years$'000 1,8131,413316767 PDF p. 157
Total
Total$'000 43,08540,01810,7676,193 PDF p. 157
Notes

A 0.5% change in interest rates of variable borrowings would not have a material impact on profit after tax.

Payout

Dividends & distributions

Dividend policy

ItemValuePeriod / scopeSource
DIVIDEND POLICY The Company has not formally instituted a dividend policy. However, it has a good track record of paying annual dividends to shareholders since its listing on the Singapore Exchange in 1984. Company PDF p. 56

Dividends declared and proposed

ItemValuePeriod / scopeSource
final ordinary dividend 1.0 cents per share FY2026 proposed, subject to shareholder approval PDF p. 20
special dividend 2.0 cents per share FY2026 proposed, subject to shareholder approval PDF p. 20
interim ordinary dividend 0.5 cents per share FY2026 interim, paid in March PDF p. 20
special dividend 1.5 cents per share FY2026 interim special, paid in March PDF p. 20
Transfer Books and Register of Members closed 6 November 2026 Proposed FY2026 final and special dividends · As at 2026-11-06 PDF p. 185
Proposed Final and Special Dividends payment 23 November 2026 Proposed FY2026 final and special dividends · As at 2026-11-23 PDF p. 185
proposed final and special dividend amount $11,239,000 Group and Company, FY2026 proposed PDF p. 153
Interim dividend 2.00¢ FY2025 comparative PDF p. 64
Final dividend 1.00¢ FY2025 comparative PDF p. 64
Special dividend 3.50¢ FY2026 (paid and proposed); FY2025 was 1.00¢ PDF p. 64

Payout

ItemValuePeriod / scopeSource
total dividend payout 5.0 cents per share FY2026 total PDF p. 20

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

Auditor’s report

Audit & risk signals

Audit opinion

ItemValuePeriod / scopeSource
Audit firm PricewaterhouseCoopers LLP Group and Company, FY ended 30 June 2026 PDF p. 74
Engagement partner Mr Toh Wee Keong Group and Company, FY ended 30 June 2026 PDF p. 74
Our Opinion In our opinion, the accompanying consolidated financial statements of Lum Chang Holdings Limited (“the Company”) and its subsidiaries (“the Group”) and the balance sheet of the Company are properly drawn up Group and Company, FY ended 30 June 2026 PDF p. 69

Key audit matters

ItemValuePeriod / scopeSource
Accounting for construction contracts Accounting for construction contracts Group, FY ended 30 June 2026 PDF p. 70
Accounting for construction contracts - description Significant judgement is required to Group, FY ended 30 June 2026 PDF p. 70

Extracted from ANNUAL REPORT 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, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.

The source prints a Company balance sheet and consolidated income, comprehensive income, equity and cash-flow statements; separate Company statements for the latter types are not disclosed in the statement section.

Consolidated cash-flow and changes-in-equity statements are printed; separate Company statements are not printed.

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