Jubilee Industries Holdings Ltd. Annual Report 2026
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Other income | |||
| - Interest income from bank depositsS$'000 | 100 | 51 | PDF p. 64 |
| - OthersS$'000 | 336 | 26 | PDF p. 64 |
| Other gains/(losses) - net | |||
| - Fair value gain on financial assets, at FVPLS$'000 | 195 | 36 | PDF p. 64 |
| - Currency exchange gains – netS$'000 | 15 | 186 | PDF p. 64 |
| - Allowance for impairment of other receivablesS$'000 | (26) | (2,121) | PDF p. 64 |
| - Other receivables written offS$'000 | – | (616) | PDF p. 64 |
| - OthersS$'000 | – | 70 | PDF p. 64 |
| Expenses | |||
| - Distribution and marketingS$'000 | – | (270) | PDF p. 64 |
| - AdministrativeS$'000 | (2,732) | (3,074) | PDF p. 64 |
| Continuing Operations | |||
| Share of losses of associatesS$'000 | (284) | (636) | PDF p. 64 |
| Loss before income taxS$'000 | (2,396) | (6,348) | PDF p. 64 |
| Income tax creditS$'000 | 32 | – | PDF p. 64 |
| Net loss for the year from continuing operationsS$'000 | (2,364) | (6,348) | PDF p. 64 |
| Discontinued Operations | |||
| Loss for the year from discontinued operationsS$'000 | – | (149) | PDF p. 64 |
| Total loss for the yearS$'000 | (2,364) | (6,497) | PDF p. 64 |
| Other comprehensive income, net of tax: Items that will not be reclassified | |||
| Fair value loss on equity investments at FVOCIS$'000 | (14) | – | PDF p. 64 |
| Other comprehensive income, net of tax: Items that will be reclassified | |||
| Gains of currency translation differences arising from consolidationS$'000 | 63 | 160 | PDF p. 64 |
| Other comprehensive income | |||
| Other comprehensive income, net of taxS$'000 | 49 | 160 | PDF p. 64 |
| Total comprehensive loss for the yearS$'000 | (2,315) | (6,337) | PDF p. 64 |
| Loss for the year attributable to | |||
| Equity holders of the CompanyS$'000 | (2,364) | (6,497) | PDF p. 64 |
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyS$'000 | (2,315) | (6,337) | PDF p. 64 |
| Loss per share - From continuing and discontinued operations | |||
| -Basiccents per share | (0.74) | (2.06) | PDF p. 64 |
| -Dilutedcents per share | (0.74) | (2.06) | PDF p. 64 |
| Loss per share - From continuing operations | |||
| -Basiccents per share | (0.74) | (2.01) | PDF p. 64 |
| -Dilutedcents per share | (0.74) | (2.01) | PDF p. 64 |
Original report: PDF p. 64 ↗
For the financial year ended 31 March 2026. Only a Group income statement is presented; no separate Company income statement printed.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Current Assets | |||||
| Cash and cash equivalentsS$'000 | 1,949 | 5,329 | 1,851 | 4,090 | PDF p. 65 |
| Financial assets, at fair value through profit or loss (“FVPL”)S$'000 | 274 | 79 | – | – | PDF p. 65 |
| Trade and other receivablesS$'000 | 7,498 | 6,562 | 7,084 | 6,239 | PDF p. 65 |
| Other current assetsS$'000 | 58 | 111 | 26 | 26 | PDF p. 65 |
| Tax recoverableS$'000 | – | 164 | – | – | PDF p. 65 |
| Total Current AssetsS$'000 | 9,779 | 12,245 | 8,961 | 10,355 | PDF p. 65 |
| Non-current Assets | |||||
| Financial assets, at fair value through other comprehensiveS$'000 | 21 | 37 | 21 | 37 | PDF p. 65 |
| Investment in subsidiary corporationsS$'000 | – | – | – | – | PDF p. 65 |
| Investment in associatesS$'000 | – | 284 | – | – | PDF p. 65 |
| Property, plant and equipmentS$'000 | 55 | 72 | – | – | PDF p. 65 |
| Investment propertiesS$'000 | 3,083 | 3,183 | 3,083 | 3,183 | PDF p. 65 |
| Total Non-current AssetsS$'000 | 3,159 | 3,576 | 3,104 | 3,220 | PDF p. 65 |
| ASSETS | |||||
| Total AssetsS$'000 | 12,938 | 15,821 | 12,065 | 13,575 | PDF p. 65 |
| Current Liabilities | |||||
| Trade and other payablesS$'000 | 2,466 | 2,800 | 2,553 | 2,314 | PDF p. 65 |
| BorrowingsS$'000 | – | 234 | – | – | PDF p. 65 |
| Total Current LiabilitiesS$'000 | 2,466 | 3,034 | 2,553 | 2,314 | PDF p. 65 |
| LIABILITIES AND EQUITY | |||||
| Total LiabilitiesS$'000 | 2,466 | 3,034 | 2,553 | 2,314 | PDF p. 65 |
| Capital and Reserves | |||||
| Share capitalS$'000 | 77,474 | 77,474 | 77,474 | 77,474 | PDF p. 65 |
| Capital reserveS$'000 | (142) | (142) | (142) | (142) | PDF p. 65 |
| Other reservesS$'000 | 555 | 506 | (588) | (574) | PDF p. 65 |
| Accumulated lossesS$'000 | (67,415) | (65,051) | (67,232) | (65,497) | PDF p. 65 |
| Total EquityS$'000 | 10,472 | 12,787 | 9,512 | 11,261 | PDF p. 65 |
| LIABILITIES AND EQUITY | |||||
| Total Liabilities and EquityS$'000 | 12,938 | 15,821 | 12,065 | 13,575 | PDF p. 65 |
Original report: PDF p. 65 ↗
As at 31 March 2026. The FVOCI asset label wraps onto a second line (' income (“FVOCI”)').
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$'000 | 2025Group, S$'000 | Source |
|---|---|---|---|
| Other income | |||
| - Interest income from bank depositsS$'000 | 100 | 51 | PDF p. 64 |
| - OthersS$'000 | 336 | 26 | PDF p. 64 |
| Other gains/(losses) - net | |||
| - Fair value gain on financial assets, at FVPLS$'000 | 195 | 36 | PDF p. 64 |
| - Currency exchange gains – netS$'000 | 15 | 186 | PDF p. 64 |
| - Allowance for impairment of other receivablesS$'000 | (26) | (2,121) | PDF p. 64 |
| - Other receivables written offS$'000 | – | (616) | PDF p. 64 |
| Expenses | |||
| - Distribution and marketingS$'000 | – | (270) | PDF p. 64 |
| - AdministrativeS$'000 | (2,732) | (3,074) | PDF p. 64 |
| Continuing Operations | |||
| Share of losses of associatesS$'000 | (284) | (636) | PDF p. 64 |
| Loss before income taxS$'000 | (2,396) | (6,348) | PDF p. 64 |
| Income tax creditS$'000 | 32 | – | PDF p. 64 |
| Net loss for the year from continuing operationsS$'000 | (2,364) | (6,348) | PDF p. 64 |
| Discontinued Operations | |||
| Loss for the year from discontinued operationsS$'000 | – | (149) | PDF p. 64 |
| Total | |||
| Total loss for the yearS$'000 | (2,364) | (6,497) | PDF p. 64 |
| Other comprehensive income - items not reclassified | |||
| Fair value loss on equity investments at FVOCIS$'000 | (14) | – | PDF p. 64 |
| Other comprehensive income - items reclassified | |||
| Gains of currency translation differences arising from consolidationS$'000 | 63 | 160 | PDF p. 64 |
| Other comprehensive income | |||
| Other comprehensive income, net of taxS$'000 | 49 | 160 | PDF p. 64 |
| Total | |||
| Total comprehensive loss for the yearS$'000 | (2,315) | (6,337) | PDF p. 64 |
| Loss for the year attributable to | |||
| Equity holders of the CompanyS$'000 | (2,364) | (6,497) | PDF p. 64 |
| Total comprehensive loss attributable to | |||
| Equity holders of the CompanyS$'000 | (2,315) | (6,337) | PDF p. 64 |
| Loss per share, continuing and discontinued operations | |||
| -Basiccents per share | (0.74) | (2.06) | PDF p. 64 |
| -Dilutedcents per share | (0.74) | (2.06) | PDF p. 64 |
Original report: PDF p. 64 ↗
Unit S$'000. Group only; no separate Company comprehensive income statement printed. Loss and total comprehensive loss attributable to equity holders of the Company only.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, Share capital S$'000 | 2026Group, Capital reserve S$'000 | 2026Group, Other reserves S$'000 | 2026Group, Accumulated losses S$'000 | 2026Group, Total S$'000 | Source |
|---|---|---|---|---|---|---|
| Group | ||||||
| As at 1 April 2025S$'000 | 77,474 | (142) | 506 | (65,051) | 12,787 | PDF p. 66 |
| Loss for the yearS$'000 | – | – | – | (2,364) | (2,364) | PDF p. 66 |
| Other comprehensive income for the financial year, net of taxS$'000 | – | – | 49 | – | 49 | PDF p. 66 |
| Total comprehensive loss for the yearS$'000 | – | – | 49 | (2,364) | (2,315) | PDF p. 66 |
| As at 31 March 2026S$'000 | 77,474 | (142) | 555 | (67,415) | 10,472 | PDF p. 66 |
Original report: PDF p. 66 ↗
Attributable to owners of the Company. Column order: Share capital, Capital reserve, Other reserves, Accumulated losses, Total. No Company-level statement of changes in equity is printed.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group, Share capital S$'000 | 2025Group, Treasury shares S$'000 | 2025Group, Capital reserve S$'000 | 2025Group, Other reserves S$'000 | 2025Group, Accumulated losses S$'000 | 2025Group, Total S$'000 | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| As at 1 April 2024S$'000 | 77,474 | (797) | (142) | 942 | (58,554) | 18,923 | PDF p. 67 |
| Loss for the yearS$'000 | – | – | – | – | (6,497) | (6,497) | PDF p. 67 |
| Other comprehensive income for the financial year, net of taxS$'000 | – | – | – | 160 | – | 160 | PDF p. 67 |
| Total comprehensive loss for the yearS$'000 | – | – | – | 160 | (6,497) | (6,337) | PDF p. 67 |
| Employee compensation via treasury shares (Note 24(a))S$'000 | – | 797 | – | (596) | – | 201 | PDF p. 67 |
| As at 31 March 2025S$'000 | 77,474 | – | (142) | 506 | (65,051) | 12,787 | PDF p. 67 |
Original report: PDF p. 67 ↗
Attributable to owners of the Company. Page printed under the FY2026 heading but movements shown are from 1 April 2024 to 31 March 2025. Column order: Share capital, Treasury shares, Capital reserve, Other reserves, Accumulated losses, Total.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, S$'000 | 2025Group, S$'000 | Source |
|---|---|---|---|
| Cash Flows from Operating Activities | |||
| Total loss for the yearS$'000 | (2,364) | (6,497) | PDF p. 68 |
| Operating - Adjustments for | |||
| Allowance for impairment of other receivables, netS$'000 | 26 | 2,121 | PDF p. 68 |
| Other receivables written offS$'000 | – | 616 | PDF p. 68 |
| DepreciationS$'000 | 120 | 225 | PDF p. 68 |
| Dividend incomeS$'000 | (3) | (14) | PDF p. 68 |
| Fair value gain on financial assets, at FVPLS$'000 | (195) | (36) | PDF p. 68 |
| Interest income – bank depositsS$'000 | (100) | (51) | PDF p. 68 |
| Share of losses of associatesS$'000 | 284 | 636 | PDF p. 68 |
| Employee compensation via treasury sharesS$'000 | – | 201 | PDF p. 68 |
| Net foreign exchange differenceS$'000 | 26 | 136 | PDF p. 68 |
| Cash Flows from Operating Activities | |||
| Operating cash flows before working capital changesS$'000 | (2,206) | (2,663) | PDF p. 68 |
| Operating - Changes in working capital | |||
| Trade and other receivablesS$'000 | 14 | 488 | PDF p. 68 |
| InventoriesS$'000 | – | 105 | PDF p. 68 |
| Other current assetsS$'000 | 53 | (130) | PDF p. 68 |
| Trade and other payablesS$'000 | 134 | (73) | PDF p. 68 |
| Cash Flows from Operating Activities | |||
| Cash used in operationsS$'000 | (2,005) | (2,273) | PDF p. 68 |
| Income tax refunded/(paid)S$'000 | 200 | (20) | PDF p. 68 |
| Net cash used in operating activitiesS$'000 | (1,805) | (2,293) | PDF p. 68 |
| Cash Flows from Investing Activities | |||
| Additions to property, plant and equipmentS$'000 | – | (2) | PDF p. 68 |
| Advances to related partiesS$'000 | (985) | (5,435) | PDF p. 68 |
| Repayment from/(Advances to) immediate and ultimate holding corporationS$'000 | 9 | (269) | PDF p. 68 |
| Receipts from non-related partiesS$'000 | – | 3,775 | PDF p. 68 |
| Proceeds from disposal of discontinued operations – netS$'000 | – | 1,826 | PDF p. 68 |
| Dividend receivedS$'000 | 3 | 14 | PDF p. 68 |
| Interest receivedS$'000 | 100 | 51 | PDF p. 68 |
| Net cash used in investing activitiesS$'000 | (873) | (40) | PDF p. 68 |
| Cash Flows from Financing Activities | |||
| Advances from related partiesS$'000 | 346 | 267 | PDF p. 69 |
| (Repayment)/Drawdown of bank borrowings – netS$'000 | (234) | 94 | PDF p. 69 |
| Repayment of lease liabilitiesS$'000 | – | (87) | PDF p. 69 |
| Repayment to immediate and ultimate holding corporationS$'000 | (814) | (851) | PDF p. 69 |
| Short term bank deposit pledgedS$'000 | (778) | (67) | PDF p. 69 |
| Net cash used in financing activitiesS$'000 | (1,480) | (644) | PDF p. 69 |
| Net change in cash | |||
| Net decrease in cash and cash equivalentsS$'000 | (4,158) | (2,977) | PDF p. 69 |
| Cash and cash equivalents at the beginning of the yearS$'000 | 4,502 | 7,479 | PDF p. 69 |
| Cash and cash equivalents at the end of the yearS$'000 | 344 | 4,502 | PDF p. 69 |
Original report: PDF p. 68 ↗ PDF p. 69 ↗
Unit S$'000. Spans physical pages 68 (operating, investing) and 69 (financing, closing cash). Group only; no Company cash flow statement printed.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group, FY ended 31 March 2026 | 2025Group, FY ended 31 March 2025 | Source |
|---|---|---|---|
| Loss per share | |||
| Net loss attributable to equity holders of the Company (S$’000)S$’000 | (2,364) | (6,497) | PDF p. 91 |
| Weighted average number of ordinary shares outstanding for basic earnings per share (‘000)'000 shares | 317,758 | 315,727 | PDF p. 91 |
| Basic and diluted loss per share | |||
| From continuing operationscents per share | (0.74) | (2.01) | PDF p. 91 |
| From discontinued operationscents per share | – | (0.05) | PDF p. 91 |
| Total basic loss per sharecents per share | (0.74) | (2.06) | PDF p. 91 |
Original report: PDF p. 91 ↗
Basic loss per share = net loss attributable to equity holders divided by weighted average ordinary shares outstanding. Diluted adjusts for all dilutive potential ordinary shares; printed basic and diluted loss per share are the same.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| From continuing and discontinued operations | |||
| -Basic (from continuing and discontinued operations)cents per share | (0.74) | (2.06) | PDF p. 64 |
| -Diluted (from continuing and discontinued operations)cents per share | (0.74) | (2.06) | PDF p. 64 |
Original report: PDF p. 64 ↗
Both the continuing-and-discontinued basic and diluted rows have the same printed label prefix as the continuing-operations rows; the section field distinguishes them. Continuing operations: basic and diluted (0.74) for 2026 and (2.01) for 2025.
Where the money comes from
| Item / unit | 2026MBU | 2026Others | 2026Eliminations | 2026Total | 2025MBU | 2025Others | 2025Eliminations | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|---|
| Other income | |||||||||
| - Interest income from bank depositsS$'000 | – | 100 | – | 100 | – | 51 | – | 51 | PDF p. 117PDF p. 118 |
| - OthersS$'000 | – | 336 | – | 336 | – | 26 | – | 26 | PDF p. 117PDF p. 118 |
| Other gains/(losses) – net | |||||||||
| - Fair value gain on financial assets, at FVPLS$'000 | – | 195 | – | 195 | – | 36 | – | 36 | PDF p. 117PDF p. 118 |
| - Currency exchange gains – netS$'000 | – | 15 | – | 15 | – | 186 | – | 186 | PDF p. 117PDF p. 118 |
| - Allowance for impairment of other receivablesS$'000 | – | (26) | – | (26) | – | (2,121) | – | (2,121) | PDF p. 117PDF p. 118 |
| Expenses | |||||||||
| - AdministrativeS$'000 | – | (2,732) | – | (2,732) | – | (3,074) | – | (3,074) | PDF p. 117PDF p. 118 |
| Results | |||||||||
| Share of losses of associatesS$'000 | (284) | – | – | (284) | (636) | – | – | (636) | PDF p. 117PDF p. 118 |
| Loss before income taxS$'000 | (284) | (2,112) | – | (2,396) | (636) | (5,712) | – | (6,348) | PDF p. 117PDF p. 118 |
| Other segment items | |||||||||
| Depreciation of property, plant and equipmentS$'000 | – | 20 | – | 20 | – | 1 | – | 1 | PDF p. 117PDF p. 118 |
| Depreciation of investment propertiesS$'000 | – | 100 | – | 100 | – | 99 | – | 99 | PDF p. 117PDF p. 118 |
| Other gains/(losses) – net | |||||||||
| - Other receivables written offS$'000 | – | (616) | – | (616) | PDF p. 118 | ||||
| - OthersS$'000 | – | 70 | – | 70 | PDF p. 118 | ||||
| Expenses | |||||||||
| - Distribution and marketingS$'000 | – | (270) | – | (270) | PDF p. 118 | ||||
No segment revenue line is printed for continuing operations. Segment information excludes the discontinued operation (Note 9). MBU = precision plastic injection moulding (PPIM) and design, fabrication and sale of precision plastic injection moulds (MDF). Others comprise mainly corporate holding.
As the amounts of total assets and liabilities for each reportable segment are not regularly provided to Exco, such information is not presented in the segment information.
| Item / unit | 2026Non-current assets | 2025Non-current assets | Source |
|---|---|---|---|
| Non-current assets by geographical area | |||
| MalaysiaS$'000 | 55 | 72 | PDF p. 118 |
| SingaporeS$'000 | 3,104 | 3,504 | PDF p. 118 |
| Total (unlabelled)S$'000 | 3,159 | 3,576 | PDF p. 118 |
The Group has non-current assets in the 2 main geographical areas. The non-current assets are analysed by the geographical area in which the assets are located. The total row has no printed label.
Debt
| Item / unit | 2025Group Carrying amount S$'000 | 2025Group Total contractual cash flow S$'000 | 2025Group Less than 1 year S$'000 | Source |
|---|---|---|---|---|
| Group 2025 | ||||
| BorrowingsS$'000 | 234 | 234 | 234 | PDF p. 115 |
Contractual undiscounted cash flows; balances due within 12 months equal their carrying amounts as the impact of discounting is not significant. No borrowings or lease liabilities shown for 2026 in this table; only Trade and other payables (2,466 for 2026).
| Item / unit | 2026Group S$'000 | 2025Group S$'000 | 2026Company S$'000 | 2025Company S$'000 | Source |
|---|---|---|---|---|---|
| Current | |||||
| Bank borrowingsS$'000 | – | 234 | – | – | PDF p. 101 |
As at 31 March 2025, the bank borrowings incurred interest at 6.35% per annum and were repayable within 12 months.
The bank borrowings were fully repaid during the current financial year ended 31 March 2026.
(a) Security granted: As at 31 March 2026, bank borrowings of the Group were secured by certain of the Group's bank deposits of S$1,605,000 as disclosed in Note 10 to the financial statements.
| Item / unit | 2026Group S$'000 | 2025Group S$'000 | 2026Company S$'000 | 2025Company S$'000 | Source |
|---|---|---|---|---|---|
| Contractual repricing dates | |||||
| 6 months or lessS$'000 | – | 234 | – | – | PDF p. 101 |
The exposure of the borrowings of the Group to interest rate changes and the contractual repricing dates at the reporting date were as follows.
| Item / unit | 2025Group SGD S$'000 | 2025Group USD S$'000 | 2025Group MYR S$'000 | 2025Group Total S$'000 | Source |
|---|---|---|---|---|---|
| Financial liabilities | |||||
| BorrowingsS$'000 | – | 12 | 222 | 234 | PDF p. 106 |
Monetary liabilities denominated in currencies other than the functional currency of the entities holding them. The 2026 Group table (page 105) shows no Borrowings line.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Company currently does not have a fixed dividend policy. | Company | PDF p. 41 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend proposed FY2026 | No dividend was proposed in respect of FY2026. | FY2026 | PDF p. 41 |
Extracted from Jubilee Industries Holdings Ltd. Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Auditor | Moore Stephens LLP | Group | PDF p. 63 |
| Engagement partner | Mr Neo Keng Jin | Group | PDF p. 63 |
| Opinion | In our opinion, the accompanying consolidated financial statements of the Group and the statement of financial position of the Company are properly drawn up in accordance with the provisions of the Companies Act 1967 | Group and Company, as at 31 March 2026 · As at 2026-03-31 | PDF p. 60 |
Extracted from Jubilee Industries Holdings Ltd. Annual Report 2026 and checked against the cited pages; see the original report for full context.
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 Jubilee Industries Holdings Ltd. 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.