ANNUAL REPORT 2026
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Group combined profit and comprehensive income | |||
| RevenueSingapore dollars thousands | 21,269 | 33,528 | PDF p. 90 |
| Cost of salesSingapore dollars thousands | (10,246) | (15,637) | PDF p. 90 |
| Gross profitSingapore dollars thousands | 11,023 | 17,891 | PDF p. 90 |
| Other incomeSingapore dollars thousands | 72 | 1,013 | PDF p. 90 |
| Distribution costsSingapore dollars thousands | (7,916) | (11,590) | PDF p. 90 |
| General and administrative expensesSingapore dollars thousands | (5,586) | (6,251) | PDF p. 90 |
| (Loss)/Profit from operationsSingapore dollars thousands | (2,407) | 1,063 | PDF p. 90 |
| Interest incomeSingapore dollars thousands | 301 | 402 | PDF p. 90 |
| Finance costsSingapore dollars thousands | (276) | (119) | PDF p. 90 |
| Share of results of associated company - net of taxSingapore dollars thousands | 7,575 | 9,295 | PDF p. 90 |
| Profit before income taxSingapore dollars thousands | 5,193 | 10,641 | PDF p. 90 |
| Income tax expenseSingapore dollars thousands | (515) | (1,341) | PDF p. 90 |
| Profit for the year/periodSingapore dollars thousands | 4,678 | 9,300 | PDF p. 90 |
| Profit for the year/period attributable to: | |||
| Owners of the CompanySingapore dollars thousands | 4,678 | 9,300 | PDF p. 91 |
| Earnings per share attributable to owners of the Company (cents per share) | |||
| Basic and dilutedSingapore cents per share | 1.85 | 3.68 | PDF p. 91 |
Original report: PDF p. 90 ↗ PDF p. 91 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Group combined profit and comprehensive income | |||
| Profit for the year/periodSingapore dollars thousands | 4,678 | 9,300 | PDF p. 90 |
| Item that will not be reclassifi ed to profit or loss | |||
| Share of gain on property revaluation of associated companySingapore dollars thousands | 782 | 1,086 | PDF p. 90 |
| Items that may be reclassifi ed subsequently to profit or loss | |||
| Foreign currency translationSingapore dollars thousands | (1,101) | 603 | PDF p. 90 |
| Share of foreign currency translation of associated companySingapore dollars thousands | 1,165 | 1,126 | PDF p. 90 |
| SubtotalSingapore dollars thousands | 64 | 1,729 | PDF p. 90 |
| Other comprehensive income for the year/period, net of taxSingapore dollars thousands | 846 | 2,815 | PDF p. 90 |
| Total comprehensive income for the year/periodSingapore dollars thousands | 5,524 | 12,115 | PDF p. 90 |
| Total comprehensive income attributable to: | |||
| Owners of the CompanySingapore dollars thousands | 5,524 | 12,115 | PDF p. 91 |
Original report: PDF p. 90 ↗ PDF p. 91 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Operating activities | |||
| Profit before income taxSingapore dollars thousands | 5,193 | 10,641 | PDF p. 97 |
| Adjustments for: | |||
| - Gain on disposal of property, plant and equipmentSingapore dollars thousands | – | (48) | PDF p. 97 |
| - Interest incomeSingapore dollars thousands | (301) | (402) | PDF p. 97 |
| - Finance costsSingapore dollars thousands | 276 | 119 | PDF p. 97 |
| - Depreciation of property, plant and equipmentSingapore dollars thousands | 875 | 877 | PDF p. 97 |
| - Depreciation expense of right-of-use assetsSingapore dollars thousands | 680 | 1,234 | PDF p. 97 |
| - Inventories written offSingapore dollars thousands | 10 | 4 | PDF p. 97 |
| - Allowance for/(reversal of allowance for) inventory obsolescence, netSingapore dollars thousands | 372 | (220) | PDF p. 97 |
| - Share of results of associated company, net of taxSingapore dollars thousands | (7,575) | (9,295) | PDF p. 97 |
| - Write-off of property, plant and equipmentSingapore dollars thousands | 3 | – | PDF p. 97 |
| - Unrealised foreign exchange loss/(gain)Singapore dollars thousands | (434) | 70 | PDF p. 97 |
| - Loss on liquidation of subsidiariesSingapore dollars thousands | – | 7 | PDF p. 97 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | (901) | 2,987 | PDF p. 97 |
| Changes in working capital: | |||
| - InventoriesSingapore dollars thousands | (2,086) | 1,496 | PDF p. 97 |
| - Trade and other receivablesSingapore dollars thousands | (1,199) | 2,301 | PDF p. 97 |
| - PrepaymentsSingapore dollars thousands | (134) | 54 | PDF p. 97 |
| - Trade and other payablesSingapore dollars thousands | 1,391 | 105 | PDF p. 97 |
| - Amount due to directorsSingapore dollars thousands | (306) | 283 | PDF p. 97 |
| Cash generated from operationsSingapore dollars thousands | (3,235) | 7,226 | PDF p. 97 |
| - Income tax paidSingapore dollars thousands | (1,262) | (1,419) | PDF p. 97 |
| - Interest income, netSingapore dollars thousands | 135 | 402 | PDF p. 97 |
| Net cash (used in)/generated from operating activitiesSingapore dollars thousands | (4,362) | 6,209 | PDF p. 97 |
| Investing activities | |||
| Dividend received from associated companySingapore dollars thousands | 5,160 | 6,160 | PDF p. 98 |
| Purchase of investment propertiesSingapore dollars thousands | (4,570) | – | PDF p. 98 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (1,306) | (981) | PDF p. 98 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | – | 54 | PDF p. 98 |
| Net cash flow from liquidation of Malaysia subsidiariesSingapore dollars thousands | – | 414 | PDF p. 98 |
| Net cash (used in)/generated from investing activitiesSingapore dollars thousands | (716) | 5,647 | PDF p. 98 |
| Financing activities | |||
| Proceeds from bank borrowingsSingapore dollars thousands | 5,888 | 14,784 | PDF p. 98 |
| Repayment of bank borrowingsSingapore dollars thousands | (6,004) | (16,705) | PDF p. 98 |
| Proceeds from bills payablesSingapore dollars thousands | 1,921 | 3,313 | PDF p. 98 |
| Repayment of bills payablesSingapore dollars thousands | (1,921) | (3,313) | PDF p. 98 |
| Repayment of lease liabilitiesSingapore dollars thousands | (644) | (1,233) | PDF p. 98 |
| Interest paid on lease liabilitiesSingapore dollars thousands | (15) | (31) | PDF p. 98 |
| Decrease in restricted bank depositsSingapore dollars thousands | 26 | 14 | PDF p. 98 |
| Dividend paid to shareholdersSingapore dollars thousands | (4,295) | (1,768) | PDF p. 98 |
| Net cash used in financing activitiesSingapore dollars thousands | (5,044) | (4,939) | PDF p. 98 |
| Net (decrease)/ increase in cash and cash equivalentsSingapore dollars thousands | (10,122) | 6,917 | PDF p. 98 |
| Cash and cash equivalents at beginning of the financial year/periodSingapore dollars thousands | 18,010 | 10,933 | PDF p. 98 |
| Effect of exchange rate changes on cash and cash equivalentsSingapore dollars thousands | (49) | 160 | PDF p. 98 |
| Cash and cash equivalents at end of the financial year/periodSingapore dollars thousands | 7,839 | 18,010 | PDF p. 98 |
Original report: PDF p. 97 ↗ PDF p. 98 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Current assets | |||
| InventoriesSingapore dollars thousands | 13,902 | 12,228 | PDF p. 92 |
| Trade and other receivablesSingapore dollars thousands | 3,163 | 1,975 | PDF p. 92 |
| PrepaymentsSingapore dollars thousands | 148 | 20 | PDF p. 92 |
| Cash and bank balancesSingapore dollars thousands | 8,224 | 18,421 | PDF p. 92 |
| SubtotalSingapore dollars thousands | 25,437 | 32,644 | PDF p. 92 |
| Non-current assets | |||
| Investment in associated companySingapore dollars thousands | 41,026 | 36,664 | PDF p. 92 |
| Investment in subsidiariesSingapore dollars thousands | – | – | PDF p. 92 |
| Investment propertiesSingapore dollars thousands | 20,170 | – | PDF p. 92 |
| Property, plant and equipmentSingapore dollars thousands | 799 | 407 | PDF p. 92 |
| Right-of-use assetsSingapore dollars thousands | 1,102 | 781 | PDF p. 92 |
| Trade and other receivablesSingapore dollars thousands | 158 | 281 | PDF p. 92 |
| Income tax receivableSingapore dollars thousands | 225 | – | PDF p. 92 |
| Deferred tax assetsSingapore dollars thousands | 197 | 251 | PDF p. 92 |
| SubtotalSingapore dollars thousands | 63,677 | 38,384 | PDF p. 92 |
| Total assetsSingapore dollars thousands | 89,114 | 71,028 | PDF p. 92 |
| Current liabilities | |||
| Trade and other payablesSingapore dollars thousands | 4,747 | 3,088 | PDF p. 93 |
| Amount due to directorsSingapore dollars thousands | 582 | 888 | PDF p. 93 |
| Lease liabilitiesSingapore dollars thousands | 687 | 595 | PDF p. 93 |
| Bank borrowingsSingapore dollars thousands | 84 | – | PDF p. 93 |
| Income tax payableSingapore dollars thousands | – | 560 | PDF p. 93 |
| SubtotalSingapore dollars thousands | 6,100 | 5,131 | PDF p. 93 |
| Non-current liabilities | |||
| Trade and other payablesSingapore dollars thousands | 210 | 41 | PDF p. 93 |
| Lease liabilitiesSingapore dollars thousands | 420 | 196 | PDF p. 93 |
| Bank borrowingsSingapore dollars thousands | 15,495 | – | PDF p. 93 |
| SubtotalSingapore dollars thousands | 16,125 | 237 | PDF p. 93 |
| Capital and reserves | |||
| Share capitalSingapore dollars thousands | 31,351 | 31,351 | PDF p. 93 |
| Revaluation reserveSingapore dollars thousands | 4,760 | 3,978 | PDF p. 93 |
| Legal reserveSingapore dollars thousands | 1,651 | 1,651 | PDF p. 93 |
| Translation reserveSingapore dollars thousands | 377 | 313 | PDF p. 93 |
| Accumulated profit/(losses)Singapore dollars thousands | 28,750 | 28,367 | PDF p. 93 |
| Total equitySingapore dollars thousands | 66,889 | 65,660 | PDF p. 93 |
| Total liabilities and equitySingapore dollars thousands | 89,114 | 71,028 | PDF p. 93 |
Original report: PDF p. 92 ↗ PDF p. 93 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Company / 1 July 2025 to 30 June 2026 / 12 months | 2025Company / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Current assets | |||
| InventoriesSingapore dollars thousands | – | – | PDF p. 92 |
| Trade and other receivablesSingapore dollars thousands | 5,980 | 139 | PDF p. 92 |
| PrepaymentsSingapore dollars thousands | 6 | 3 | PDF p. 92 |
| Cash and bank balancesSingapore dollars thousands | 6,551 | 13,740 | PDF p. 92 |
| SubtotalSingapore dollars thousands | 12,537 | 13,882 | PDF p. 92 |
| Non-current assets | |||
| Investment in associated companySingapore dollars thousands | 13,252 | 13,252 | PDF p. 92 |
| Investment in subsidiariesSingapore dollars thousands | 678 | 677 | PDF p. 92 |
| Investment propertiesSingapore dollars thousands | – | – | PDF p. 92 |
| Property, plant and equipmentSingapore dollars thousands | 8 | 8 | PDF p. 92 |
| Right-of-use assetsSingapore dollars thousands | 230 | 84 | PDF p. 92 |
| Trade and other receivablesSingapore dollars thousands | 25 | 42 | PDF p. 92 |
| Income tax receivableSingapore dollars thousands | – | – | PDF p. 92 |
| Deferred tax assetsSingapore dollars thousands | – | – | PDF p. 92 |
| SubtotalSingapore dollars thousands | 14,193 | 14,063 | PDF p. 92 |
| Total assetsSingapore dollars thousands | 26,730 | 27,945 | PDF p. 92 |
| Current liabilities | |||
| Trade and other payablesSingapore dollars thousands | 188 | 205 | PDF p. 93 |
| Amount due to directorsSingapore dollars thousands | 582 | 888 | PDF p. 93 |
| Lease liabilitiesSingapore dollars thousands | 76 | 81 | PDF p. 93 |
| Bank borrowingsSingapore dollars thousands | – | – | PDF p. 93 |
| Income tax payableSingapore dollars thousands | – | – | PDF p. 93 |
| SubtotalSingapore dollars thousands | 846 | 1,174 | PDF p. 93 |
| Non-current liabilities | |||
| Trade and other payablesSingapore dollars thousands | – | – | PDF p. 93 |
| Lease liabilitiesSingapore dollars thousands | 154 | 6 | PDF p. 93 |
| Bank borrowingsSingapore dollars thousands | – | – | PDF p. 93 |
| SubtotalSingapore dollars thousands | 154 | 6 | PDF p. 93 |
| Capital and reserves | |||
| Share capitalSingapore dollars thousands | 31,351 | 31,351 | PDF p. 93 |
| Revaluation reserveSingapore dollars thousands | – | – | PDF p. 93 |
| Legal reserveSingapore dollars thousands | – | – | PDF p. 93 |
| Translation reserveSingapore dollars thousands | – | – | PDF p. 93 |
| Accumulated profit/(losses)Singapore dollars thousands | (5,621) | (4,586) | PDF p. 93 |
| Total equitySingapore dollars thousands | 25,730 | 26,765 | PDF p. 93 |
| Total liabilities and equitySingapore dollars thousands | 26,730 | 27,945 | PDF p. 93 |
Original report: PDF p. 92 ↗ PDF p. 93 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / Share capital | 2026Group / 1 July 2025 to 30 June 2026 / Revaluation reserve | 2026Group / 1 July 2025 to 30 June 2026 / Legal reserve | 2026Group / 1 July 2025 to 30 June 2026 / Translation reserve | 2026Group / 1 July 2025 to 30 June 2026 / Accumulated profits | 2026Group / 1 July 2025 to 30 June 2026 / Total equity | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| Balance as at 1 July 2025Singapore dollars thousands | 31,351 | 3,978 | 1,651 | 313 | 28,367 | 65,660 | PDF p. 94 |
| Profit for the yearSingapore dollars thousands | – | – | – | – | 4,678 | 4,678 | PDF p. 94 |
| Other comprehensive income | |||||||
| - Foreign currency translationSingapore dollars thousands | – | – | – | (1,101) | – | (1,101) | PDF p. 94 |
| - Share of gain on property revaluation of associated companySingapore dollars thousands | – | 782 | – | – | – | 782 | PDF p. 94 |
| - Share of foreign currency translation of associated companySingapore dollars thousands | – | – | – | 1,165 | – | 1,165 | PDF p. 94 |
| Other comprehensive income for the year, net of taxSingapore dollars thousands | – | 782 | – | 64 | – | 846 | PDF p. 94 |
| Total comprehensive income for the yearSingapore dollars thousands | – | 782 | – | 64 | 4,678 | 5,524 | PDF p. 94 |
| Contributions by and distributions to owners | |||||||
| Dividends paid to shareholders (Note 25)Singapore dollars thousands | – | – | – | – | (4,295) | (4,295) | PDF p. 94 |
| Balance as at 30 June 2026Singapore dollars thousands | 31,351 | 4,760 | 1,651 | 377 | 28,750 | 66,889 | PDF p. 94 |
Original report: PDF p. 94 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group / 1 April 2024 to 30 June 2025 / Share capital | 2025Group / 1 April 2024 to 30 June 2025 / Revaluation reserve | 2025Group / 1 April 2024 to 30 June 2025 / Legal reserve | 2025Group / 1 April 2024 to 30 June 2025 / Translation reserve | 2025Group / 1 April 2024 to 30 June 2025 / Accumulated profits | 2025Group / 1 April 2024 to 30 June 2025 / Total equity | Source |
|---|---|---|---|---|---|---|---|
| Group | |||||||
| Balance as at 1 April 2024Singapore dollars thousands | 31,351 | 2,892 | 1,651 | (4,028) | 23,447 | 55,313 | PDF p. 95 |
| Profit for the periodSingapore dollars thousands | – | – | – | – | 9,300 | 9,300 | PDF p. 95 |
| Other comprehensive income | |||||||
| - Foreign currency translationSingapore dollars thousands | – | – | – | 603 | – | 603 | PDF p. 95 |
| - Share of gain on property revaluation of associated companySingapore dollars thousands | – | 1,086 | – | – | – | 1,086 | PDF p. 95 |
| - Share of foreign currency translation of associated companySingapore dollars thousands | – | – | – | 1,126 | – | 1,126 | PDF p. 95 |
| Other comprehensive income for the year, net of taxSingapore dollars thousands | – | 1,086 | – | 1,729 | – | 2,815 | PDF p. 95 |
| Total comprehensive income for the yearSingapore dollars thousands | – | 1,086 | – | 1,729 | 9,300 | 12,115 | PDF p. 95 |
| Realisation of translation reserve due to liquidation of subsidiariesSingapore dollars thousands | – | – | – | 2,612 | (2,612) | – | PDF p. 95 |
| Contributions by and distributions to owners | |||||||
| Dividends paid to shareholders (Note 25)Singapore dollars thousands | – | – | – | – | (1,768) | (1,768) | PDF p. 95 |
| Balance as at 30 June 2025Singapore dollars thousands | 31,351 | 3,978 | 1,651 | 313 | 28,367 | 65,660 | PDF p. 95 |
Original report: PDF p. 95 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Company / 1 July 2025 to 30 June 2026 / Share capital | 2026Company / 1 July 2025 to 30 June 2026 / Accumulated losses | 2026Company / 1 July 2025 to 30 June 2026 / Total equity | Source |
|---|---|---|---|---|
| Company | ||||
| Balance as at 30 June 2025Singapore dollars thousands | 31,351 | (4,586) | 26,765 | PDF p. 96 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | 3,260 | 3,260 | PDF p. 96 |
| Dividends (Note 25)Singapore dollars thousands | – | (4,295) | (4,295) | PDF p. 96 |
| Balance as at 30 June 2026Singapore dollars thousands | 31,351 | (5,621) | 25,730 | PDF p. 96 |
Original report: PDF p. 96 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company / 1 April 2024 to 30 June 2025 / Share capital | 2025Company / 1 April 2024 to 30 June 2025 / Accumulated losses | 2025Company / 1 April 2024 to 30 June 2025 / Total equity | Source |
|---|---|---|---|---|
| Company | ||||
| Balance as at 1 April 2024Singapore dollars thousands | 31,351 | (8,627) | 22,724 | PDF p. 96 |
| Profit for the year, representing total comprehensive income for the periodSingapore dollars thousands | – | 5,809 | 5,809 | PDF p. 96 |
| Dividends (Note 25)Singapore dollars thousands | – | (1,768) | (1,768) | PDF p. 96 |
| Balance as at 30 June 2025Singapore dollars thousands | 31,351 | (4,586) | 26,765 | PDF p. 96 |
Original report: PDF p. 96 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| EPS owner-profit numerator | |||
| Profit attributable to owners of the Company ($)Singapore dollars | 4,678,000 | 9,300,000 | PDF p. 126 |
Original report: PDF p. 126 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| EPS weighted ordinary-share denominator | |||
| Weighted average number of ordinary shares in issue for basic and diluted earnings per share (in units)Shares | 252,629,000 | 252,629,000 | PDF p. 126 |
Original report: PDF p. 126 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original earnings per share | |||
| Earnings per share (cents per share)Singapore cents per share | 1.85 | 3.68 | PDF p. 126 |
Original report: PDF p. 126 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original capital and net debt | |||
| Trade and other payablesSingapore dollars thousands | 4,957 | 3,129 | PDF p. 171 |
| Amounts due to directorsSingapore dollars thousands | 582 | 888 | PDF p. 171 |
| Lease liabilitiesSingapore dollars thousands | 1,107 | 791 | PDF p. 171 |
| Bank borrowingsSingapore dollars thousands | 15,579 | – | PDF p. 171 |
| Less: Cash and bank balancesSingapore dollars thousands | (8,224) | (18,421) | PDF p. 171 |
| Net debt/(cash)Singapore dollars thousands | 14,001 | (13,613) | PDF p. 171 |
| Equity attributable to equity holders of the CompanySingapore dollars thousands | 66,889 | 65,660 | PDF p. 171 |
| Less: Legal reserveSingapore dollars thousands | (1,651) | (1,651) | PDF p. 171 |
| Total capitalSingapore dollars thousands | 65,238 | 64,009 | PDF p. 171 |
| Capital and net debtSingapore dollars thousands | 79,239 | 50,396 | PDF p. 171 |
Original report: PDF p. 171 ↗
Net debt includes trade and other payables, directors, leases and bank borrowings less total cash and bank balances. Capital is owners equity less legal reserve.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original capital management ratio | |||
| Gearing ratioRatio | 0.18 | N.M | PDF p. 171 |
Original report: PDF p. 171 ↗
N.M (*) means not meaningful; it is preserved as printed and is not zero. Numeric gearing is net debt divided by capital plus net debt.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | 2026Company / 1 July 2025 to 30 June 2026 / 12 months | 2025Company / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|---|---|
| Original cash and restricted deposits | |||||
| Cash at banks and on handSingapore dollars thousands | 1,782 | 3,930 | 544 | 489 | PDF p. 128 |
| Fixed depositsSingapore dollars thousands | 6,442 | 14,491 | 6,007 | 13,251 | PDF p. 128 |
| SubtotalSingapore dollars thousands | 8,224 | 18,421 | 6,551 | 13,740 | PDF p. 128 |
| Less: | |||||
| Fixed deposits - restrictedSingapore dollars thousands | (385) | (411) | – | – | PDF p. 128 |
| Cash and cash equivalentsSingapore dollars thousands | 7,839 | 18,010 | 6,551 | 13,740 | PDF p. 128 |
Original report: PDF p. 128 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | 2026Company / 1 July 2025 to 30 June 2026 / 12 months | 2025Company / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|---|---|
| Original associated-company carrying amount | |||||
| Unquoted sharesSingapore dollars thousands | 13,252 | 13,252 | 13,252 | 13,252 | PDF p. 129 |
| Share of post-acquisition reservesSingapore dollars thousands | 27,774 | 23,412 | – | – | PDF p. 129 |
| SubtotalSingapore dollars thousands | 41,026 | 36,664 | 13,252 | 13,252 | PDF p. 129 |
Original report: PDF p. 129 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original associate post-acquisition reserves | |||
| Revenue reserveSingapore dollars thousands | 24,571 | 22,156 | PDF p. 130 |
| Translation reserveSingapore dollars thousands | (1,557) | (2,722) | PDF p. 130 |
| Revaluation reserveSingapore dollars thousands | 4,760 | 3,978 | PDF p. 130 |
| SubtotalSingapore dollars thousands | 27,774 | 23,412 | PDF p. 130 |
Original report: PDF p. 130 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Assets and liabilities: | |||
| Current assetsSingapore dollars thousands | 189 | 61 | PDF p. 130 |
| Non-current assetsSingapore dollars thousands | 102,432 | 91,655 | PDF p. 130 |
| Total assetsSingapore dollars thousands | 102,621 | 91,716 | PDF p. 130 |
| Current liabilities/Total liabilitiesSingapore dollars thousands | 57 | 56 | PDF p. 130 |
| Net assetsSingapore dollars thousands | 102,565 | 91,660 | PDF p. 130 |
| Carrying amount of the investmentSingapore dollars thousands | 41,026 | 36,664 | PDF p. 130 |
Original report: PDF p. 130 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Results: | |||
| Profit for the year/periodSingapore dollars thousands | 18,938 | 23,236 | PDF p. 131 |
| Other comprehensive incomeSingapore dollars thousands | 4,869 | 5,532 | PDF p. 131 |
| Total comprehensive income for the year/periodSingapore dollars thousands | 23,807 | 28,768 | PDF p. 131 |
| Group’s share of profit for the year/periodSingapore dollars thousands | 7,575 | 9,295 | PDF p. 131 |
Original report: PDF p. 131 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / GTR asset acquisition 4 March 2026 | Source |
|---|---|---|
| Assets | ||
| Cash and bank balancesSingapore dollars thousands | 97 | PDF p. 134 |
| PrepaymentSingapore dollars thousands | 6 | PDF p. 134 |
| Investment propertySingapore dollars thousands | 5,500 | PDF p. 134 |
| SubtotalSingapore dollars thousands | 5,603 | PDF p. 134 |
| Liabilities | ||
| Other payablesSingapore dollars thousands | 28 | PDF p. 134 |
| Bank borrowingsSingapore dollars thousands | 4,400 | PDF p. 134 |
| SubtotalSingapore dollars thousands | 4,428 | PDF p. 134 |
| Net identifiable assetsSingapore dollars thousands | 1,175 | PDF p. 134 |
| Total consideration for 100% equity interest acquiredSingapore dollars thousands | 5,582 | PDF p. 134 |
| Settled through: | ||
| - Bank facility obtained by GTRSingapore dollars thousands | (4,400) | PDF p. 134 |
| - Funding from the CompanySingapore dollars thousands | (1,182) | PDF p. 134 |
| Consideration paid in cashSingapore dollars thousands | – | PDF p. 134 |
| Net cash outflow on acquisition during the financial year ended 30 June 2026Singapore dollars thousands | – | PDF p. 134 |
Original report: PDF p. 134 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Historical liquidation / Alstyle Marketing | 2025Historical liquidation / Ossia World of Golf | 2025Historical liquidation / Total | Source |
|---|---|---|---|---|
| Original historical Malaysia liquidation | ||||
| Cash and cash equivalentsSingapore dollars thousands | 54 | 423 | 477 | PDF p. 136 |
| Amount due from holding companySingapore dollars thousands | – | 88 | 88 | PDF p. 136 |
| SubtotalSingapore dollars thousands | 54 | 511 | 565 | PDF p. 136 |
| Other payablesSingapore dollars thousands | (2) | (2) | (4) | PDF p. 136 |
| Amount due to holding companySingapore dollars thousands | – | (11) | (11) | PDF p. 136 |
| Income tax payableSingapore dollars thousands | (1) | – | (1) | PDF p. 136 |
| Net assetsSingapore dollars thousands | 51 | 498 | 549 | PDF p. 136 |
| Loss on liquidation: | ||||
| Cash inflows on liquidationSingapore dollars thousands | 51 | 414 | 465 | PDF p. 136 |
| Reversal of amount from holding company, netSingapore dollars thousands | – | 77 | 77 | PDF p. 136 |
| Net cash inflows on liquidation of subsidiariesSingapore dollars thousands | 51 | 491 | 542 | PDF p. 136 |
| Equity | ||||
| Share capitalSingapore dollars thousands | 202 | 914 | 1,116 | PDF p. 136 |
| Accumulated profitsSingapore dollars thousands | 1,955 | 90 | 2,045 | PDF p. 136 |
| Realisation of translation reserve due to liquidation of subsidiariesSingapore dollars thousands | (2,106) | (506) | (2,612) | PDF p. 136 |
| Adjustment relating to liquidation of subsidiariesSingapore dollars thousands | 51 | 498 | 549 | PDF p. 136 |
| Loss on liquidation of subsidiariesSingapore dollars thousands | – | (7) | (7) | PDF p. 136 |
Original report: PDF p. 136 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original investment property carrying amount | |||
| At fair value At beginning of financial year/periodSingapore dollars thousands | – | – | PDF p. 137 |
| AdditionsSingapore dollars thousands | 20,170 | – | PDF p. 137 |
| At end of financial year/periodSingapore dollars thousands | 20,170 | – | PDF p. 137 |
Original report: PDF p. 137 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original investment property income and expense | |||
| Rental income from investment properties (Note 4)Singapore dollars thousands | 210 | – | PDF p. 137 |
| Direct operating expenses (including repairs and maintenance) arising from rental generating investment propertiesSingapore dollars thousands | (25) | – | PDF p. 137 |
Original report: PDF p. 137 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original bank borrowings | |||
| Bank loansSingapore dollars thousands | 15,579 | – | PDF p. 147 |
Original report: PDF p. 147 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original key management compensation | |||
| Short-term employee benefitsSingapore dollars thousands | 3,411 | 3,662 | PDF p. 150 |
| Central Provident Fund contributionsSingapore dollars thousands | 199 | 65 | PDF p. 150 |
| Other short-term benefitsSingapore dollars thousands | 85 | 145 | PDF p. 150 |
| SubtotalSingapore dollars thousands | 3,695 | 3,872 | PDF p. 150 |
| Included within the above compensation are amounts attributable to: | |||
| - Directors of the CompanySingapore dollars thousands | 2,190 | 1,581 | PDF p. 150 |
| - Other key management personnelSingapore dollars thousands | 1,337 | 2,291 | PDF p. 150 |
| SubtotalSingapore dollars thousands | 3,527 | 3,872 | PDF p. 150 |
Original report: PDF p. 150 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Non-current assets | |||
| Singapore and MalaysiaSingapore dollars thousands | 62,210 | 36,799 | PDF p. 154 |
| TaiwanSingapore dollars thousands | 1,467 | 1,585 | PDF p. 154 |
| SubtotalSingapore dollars thousands | 63,677 | 38,384 | PDF p. 154 |
Original report: PDF p. 154 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original segment result eliminations | |||
| Dividend income from subsidiaries and associated companySingapore dollars thousands | 6,194 | 7,817 | PDF p. 154 |
| Net assets of the liquidated subsidiariesSingapore dollars thousands | – | 549 | PDF p. 154 |
| SubtotalSingapore dollars thousands | 6,194 | 8,366 | PDF p. 154 |
Original report: PDF p. 154 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original segment asset eliminations | |||
| Investment in subsidiariesSingapore dollars thousands | 6,260 | 677 | PDF p. 154 |
| Inter-segment receivablesSingapore dollars thousands | 5,976 | 45 | PDF p. 154 |
| SubtotalSingapore dollars thousands | 12,236 | 722 | PDF p. 154 |
Original report: PDF p. 154 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / 1 July 2025 to 30 June 2026 / 12 months | 2025Group / 1 April 2024 to 30 June 2025 / 15 months | Source |
|---|---|---|---|
| Original segment liability eliminations | |||
| Inter-segment payablesSingapore dollars thousands | 5,976 | 45 | PDF p. 155 |
Original report: PDF p. 155 ↗
Original disclosures and scope retained. Historical expected liquidation proceeds are distinguished from received cash; acquisition consideration is not inferred to equal listed net identifiable assets.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / Singapore / 12 months | 2026Group / Taiwan / 12 months | 2026Group / Adjustments and eliminations / 12 months | 2026Group / Total / 12 months | Source |
|---|---|---|---|---|---|
| Revenue: | |||||
| External customersSingapore dollars thousands | 210 | 21,059 | – | 21,269 | PDF p. 152 |
| Results: | |||||
| Interest incomeSingapore dollars thousands | 275 | 26 | – | 301 | PDF p. 152 |
| Dividend incomeSingapore dollars thousands | 6,194 | – | (6,194) | – | PDF p. 152 |
| Finance costsSingapore dollars thousands | (75) | (201) | – | (276) | PDF p. 152 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | (3) | (872) | – | (875) | PDF p. 152 |
| Depreciation of right-of-use assetsSingapore dollars thousands | (78) | (602) | – | (680) | PDF p. 152 |
| Share of results of associated companySingapore dollars thousands | 7,575 | – | – | 7,575 | PDF p. 152 |
| Other non-cash expensesSingapore dollars thousands | 3 | 412 | – | 415 | PDF p. 152 |
| Income tax expenseSingapore dollars thousands | (228) | (287) | – | (515) | PDF p. 152 |
| Segment profitSingapore dollars thousands | 10,833 | 46 | (6,201) | 4,678 | PDF p. 152 |
| Assets: | |||||
| Investment in associated companySingapore dollars thousands | 41,026 | – | – | 41,026 | PDF p. 152 |
| Additions to property, plant and equipmentSingapore dollars thousands | 6 | 1,300 | – | 1,306 | PDF p. 152 |
| Segment assetsSingapore dollars thousands | 81,902 | 19,448 | (12,236) | 89,114 | PDF p. 152 |
| Segment liabilitiesSingapore dollars thousands | 22,814 | 5,387 | (5,976) | 22,225 | PDF p. 152 |
| Cash flows from: | |||||
| Operating activitiesSingapore dollars thousands | (3,850) | (512) | – | (4,362) | PDF p. 152 |
| Investing activitiesSingapore dollars thousands | (8) | (708) | – | (716) | PDF p. 152 |
| Financing activitiesSingapore dollars thousands | (3,073) | (1,971) | – | (5,044) | PDF p. 152 |
| Total cash flowsSingapore dollars thousands | (6,931) | (3,191) | – | (10,122) | PDF p. 152 |
Original report: PDF p. 152 ↗
FY2026 Singapore geography differs from FY2025 Singapore and Malaysia. Dividend income and intercompany assets/liabilities are eliminated; consolidated profit and cash flows retain their distinct scopes.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group / Singapore and Malaysia / 15 months | 2025Group / Taiwan / 15 months | 2025Group / Adjustments and eliminations / 15 months | 2025Group / Total / 15 months | Source |
|---|---|---|---|---|---|
| Revenue: | |||||
| External customersSingapore dollars thousands | – | 33,528 | – | 33,528 | PDF p. 153 |
| Results: | |||||
| Interest incomeSingapore dollars thousands | 372 | 30 | – | 402 | PDF p. 153 |
| Dividend incomeSingapore dollars thousands | 7,817 | – | (7,817) | – | PDF p. 153 |
| Finance costsSingapore dollars thousands | (7) | (112) | – | (119) | PDF p. 153 |
| Depreciation of property, plant and equipmentSingapore dollars thousands | (5) | (872) | – | (877) | PDF p. 153 |
| Depreciation of right-of-use assetsSingapore dollars thousands | (95) | (1,139) | – | (1,234) | PDF p. 153 |
| Share of results of associated companySingapore dollars thousands | 9,295 | – | – | 9,295 | PDF p. 153 |
| Other non-cash expensesSingapore dollars thousands | – | (216) | – | (216) | PDF p. 153 |
| Income tax expenseSingapore dollars thousands | (375) | (966) | – | (1,341) | PDF p. 153 |
| Segment profitSingapore dollars thousands | 15,103 | 2,563 | (8,366) | 9,300 | PDF p. 153 |
| Assets: | |||||
| Investment in associated companySingapore dollars thousands | 36,664 | – | – | 36,664 | PDF p. 153 |
| Additions to property, plant and equipmentSingapore dollars thousands | 8 | 973 | – | 981 | PDF p. 153 |
| Segment assetsSingapore dollars thousands | 51,359 | 20,391 | (722) | 71,028 | PDF p. 153 |
| Segment liabilitiesSingapore dollars thousands | 1,180 | 4,233 | (45) | 5,368 | PDF p. 153 |
| Cash flows from: | |||||
| Operating activitiesSingapore dollars thousands | (2,579) | 8,788 | – | 6,209 | PDF p. 153 |
| Investing activitiesSingapore dollars thousands | 6,574 | (927) | – | 5,647 | PDF p. 153 |
| Financing activitiesSingapore dollars thousands | (1,957) | (2,982) | – | (4,939) | PDF p. 153 |
| Total cash flowsSingapore dollars thousands | 2,038 | 4,879 | – | 6,917 | PDF p. 153 |
Original report: PDF p. 153 ↗
FY2026 Singapore geography differs from FY2025 Singapore and Malaysia. Dividend income and intercompany assets/liabilities are eliminated; consolidated profit and cash flows retain their distinct scopes.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / At beginning | 2026Group / Financing cash flow | 2026Group / Noncash right-of-use acquisition | 2026Group / Noncash investment property acquisition | 2026Group / Interest expense | 2026Group / Other movements | 2026Group / At end | Source |
|---|---|---|---|---|---|---|---|---|
| Original financing cash and noncash reconciliation | ||||||||
| Pledged depositsSingapore dollars thousands | 411 | (26) | – | – | – | – | 385 | PDF p. 99 |
Original report: PDF p. 99 ↗
Acquisition financing and right-of-use additions are noncash movements. Financing cash-flow columns do not equal the full change in borrowings or leases.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group / At beginning | 2025Group / Financing cash flow | 2025Group / Noncash right-of-use acquisition | 2025Group / Noncash investment property acquisition | 2025Group / Interest expense | 2025Group / Other movements | 2025Group / At end | Source |
|---|---|---|---|---|---|---|---|---|
| Original financing cash and noncash reconciliation | ||||||||
| Pledged depositsSingapore dollars thousands | 425 | (14) | – | – | – | – | 411 | PDF p. 99 |
Original report: PDF p. 99 ↗
Acquisition financing and right-of-use additions are noncash movements. Financing cash-flow columns do not equal the full change in borrowings or leases.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group / At beginning | 2026Group / Financing cash flow | 2026Group / Noncash right-of-use acquisition | 2026Group / Noncash investment property acquisition | 2026Group / Interest expense | 2026Group / Other movements | 2026Group / At end | Source |
|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||
| Bank borrowingsSingapore dollars thousands | – | (116) | – | 15,600 | 95 | – | 15,579 | PDF p. 99 |
| Lease liabilitiesSingapore dollars thousands | 791 | (659) | 1,054 | – | 15 | (94) | 1,107 | PDF p. 99 |
Original report: PDF p. 99 ↗
Acquisition financing and right-of-use additions are noncash movements. Financing cash-flow columns do not equal the full change in borrowings or leases.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group / At beginning | 2025Group / Financing cash flow | 2025Group / Noncash right-of-use acquisition | 2025Group / Noncash investment property acquisition | 2025Group / Interest expense | 2025Group / Other movements | 2025Group / At end | Source |
|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||
| Bank borrowingsSingapore dollars thousands | 1,770 | (1,921) | – | – | 88 | 63 | – | PDF p. 99 |
| Lease liabilitiesSingapore dollars thousands | 837 | (1,264) | 1,162 | – | 31 | 25 | 791 | PDF p. 99 |
Original report: PDF p. 99 ↗
Acquisition financing and right-of-use additions are noncash movements. Financing cash-flow columns do not equal the full change in borrowings or leases.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| Current assets | ||
| InventoriesSingapore dollars thousands | 13,508 | PDF p. 81 |
| Trade and other receivablesSingapore dollars thousands | 4,244 | PDF p. 81 |
| PrepaymentsSingapore dollars thousands | 74 | PDF p. 81 |
| Cash and bank balancesSingapore dollars thousands | 11,358 | PDF p. 81 |
| SubtotalSingapore dollars thousands | 29,184 | PDF p. 81 |
| Non-current assets | ||
| Investment in associated companySingapore dollars thousands | 31,317 | PDF p. 81 |
| Investment in subsidiariesSingapore dollars thousands | – | PDF p. 81 |
| Property, plant and equipmentSingapore dollars thousands | 294 | PDF p. 81 |
| Right-of-use assetsSingapore dollars thousands | 828 | PDF p. 81 |
| Trade and other receivablesSingapore dollars thousands | 313 | PDF p. 81 |
| Deferred tax assetsSingapore dollars thousands | 174 | PDF p. 81 |
| SubtotalSingapore dollars thousands | 32,926 | PDF p. 81 |
| Total assetsSingapore dollars thousands | 62,110 | PDF p. 81 |
| Current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 2,984 | PDF p. 82 |
| Amount due to directorsSingapore dollars thousands | 605 | PDF p. 82 |
| Lease liabilitiesSingapore dollars thousands | 646 | PDF p. 82 |
| Bank borrowingsSingapore dollars thousands | 1,770 | PDF p. 82 |
| Income tax payableSingapore dollars thousands | 561 | PDF p. 82 |
| SubtotalSingapore dollars thousands | 6,566 | PDF p. 82 |
| Non-current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 40 | PDF p. 82 |
| Lease liabilitiesSingapore dollars thousands | 191 | PDF p. 82 |
| SubtotalSingapore dollars thousands | 231 | PDF p. 82 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 31,351 | PDF p. 82 |
| Revaluation reserveSingapore dollars thousands | 2,892 | PDF p. 82 |
| Legal reserveSingapore dollars thousands | 1,651 | PDF p. 82 |
| Translation reserveSingapore dollars thousands | (4,028) | PDF p. 82 |
| Accumulated profit/(losses)Singapore dollars thousands | 23,447 | PDF p. 82 |
| Total equitySingapore dollars thousands | 55,313 | PDF p. 82 |
| Total liabilities and equitySingapore dollars thousands | 62,110 | PDF p. 82 |
Original report: PDF p. 81 ↗ PDF p. 82 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Company / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| Current assets | ||
| InventoriesSingapore dollars thousands | – | PDF p. 81 |
| Trade and other receivablesSingapore dollars thousands | 91 | PDF p. 81 |
| PrepaymentsSingapore dollars thousands | 8 | PDF p. 81 |
| Cash and bank balancesSingapore dollars thousands | 9,537 | PDF p. 81 |
| SubtotalSingapore dollars thousands | 9,636 | PDF p. 81 |
| Non-current assets | ||
| Investment in associated companySingapore dollars thousands | 13,252 | PDF p. 81 |
| Investment in subsidiariesSingapore dollars thousands | 677 | PDF p. 81 |
| Property, plant and equipmentSingapore dollars thousands | 11 | PDF p. 81 |
| Right-of-use assetsSingapore dollars thousands | 168 | PDF p. 81 |
| Trade and other receivablesSingapore dollars thousands | 24 | PDF p. 81 |
| Deferred tax assetsSingapore dollars thousands | – | PDF p. 81 |
| SubtotalSingapore dollars thousands | 14,132 | PDF p. 81 |
| Total assetsSingapore dollars thousands | 23,768 | PDF p. 81 |
| Current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 269 | PDF p. 82 |
| Amount due to directorsSingapore dollars thousands | 605 | PDF p. 82 |
| Lease liabilitiesSingapore dollars thousands | 75 | PDF p. 82 |
| Bank borrowingsSingapore dollars thousands | – | PDF p. 82 |
| Income tax payableSingapore dollars thousands | – | PDF p. 82 |
| SubtotalSingapore dollars thousands | 949 | PDF p. 82 |
| Non-current liabilities | ||
| Trade and other payablesSingapore dollars thousands | – | PDF p. 82 |
| Lease liabilitiesSingapore dollars thousands | 95 | PDF p. 82 |
| SubtotalSingapore dollars thousands | 95 | PDF p. 82 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 31,351 | PDF p. 82 |
| Revaluation reserveSingapore dollars thousands | – | PDF p. 82 |
| Legal reserveSingapore dollars thousands | – | PDF p. 82 |
| Translation reserveSingapore dollars thousands | – | PDF p. 82 |
| Accumulated profit/(losses)Singapore dollars thousands | (8,627) | PDF p. 82 |
| Total equitySingapore dollars thousands | 22,724 | PDF p. 82 |
| Total liabilities and equitySingapore dollars thousands | 23,768 | PDF p. 82 |
Original report: PDF p. 81 ↗ PDF p. 82 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / 1 April 2023 to 31 March 2024 / Share capital | 2024Group / 1 April 2023 to 31 March 2024 / Revaluation reserve | 2024Group / 1 April 2023 to 31 March 2024 / Legal reserve | 2024Group / 1 April 2023 to 31 March 2024 / Translation reserve | 2024Group / 1 April 2023 to 31 March 2024 / Accumulated profits | 2024Group / 1 April 2023 to 31 March 2024 / Owners total | 2024Group / 1 April 2023 to 31 March 2024 / Non-controlling interests | 2024Group / 1 April 2023 to 31 March 2024 / Total equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity | |||||||||
| Balance at 1 April 2023Singapore dollars thousands | 31,351 | 2,990 | 1,651 | (2,513) | 21,407 | 54,886 | (2) | 54,884 | PDF p. 84 |
| Profit for the yearSingapore dollars thousands | – | – | – | – | 6,587 | 6,587 | 2 | 6,589 | PDF p. 84 |
| Other comprehensive loss | |||||||||
| - Foreign currency translationSingapore dollars thousands | – | – | – | (511) | – | (511) | – | (511) | PDF p. 84 |
| - Share of loss on property revaluation of associated companySingapore dollars thousands | – | (98) | – | – | – | (98) | – | (98) | PDF p. 84 |
| - Share of foreign currency translation of associated companySingapore dollars thousands | – | – | – | (1,004) | – | (1,004) | – | (1,004) | PDF p. 84 |
| Other comprehensive loss for the | |||||||||
| Other comprehensive loss for the year, net of taxSingapore dollars thousands | – | (98) | – | (1,515) | – | (1,613) | – | (1,613) | PDF p. 84 |
| Total comprehensive (loss)/income for the yearSingapore dollars thousands | – | (98) | – | (1,515) | 6,587 | 4,974 | 2 | 4,976 | PDF p. 84 |
| Contributions by and distributions to | |||||||||
| Dividends paid to shareholders (Note 24)Singapore dollars thousands | – | – | – | – | (4,547) | (4,547) | – | (4,547) | PDF p. 84 |
| Balance at 31 March 2024Singapore dollars thousands | 31,351 | 2,892 | 1,651 | (4,028) | 23,447 | 55,313 | – | 55,313 | PDF p. 84 |
Original report: PDF p. 84 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Company / 1 April 2023 to 31 March 2024 / Share capital | 2024Company / 1 April 2023 to 31 March 2024 / Accumulated losses | 2024Company / 1 April 2023 to 31 March 2024 / Total equity | Source |
|---|---|---|---|---|
| Company changes in equity | ||||
| Balance at 1 April 2023Singapore dollars thousands | 31,351 | (7,525) | 23,826 | PDF p. 85 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | 3,445 | 3,445 | PDF p. 85 |
| Dividends (Note 24)Singapore dollars thousands | – | (4,547) | (4,547) | PDF p. 85 |
| Balance at 31 March 2024Singapore dollars thousands | 31,351 | (8,627) | 22,724 | PDF p. 85 |
Original report: PDF p. 85 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| EPS owner-profit numerator | ||
| Profit attributable to owners of the Company ($)Singapore dollars | 6,587,000 | PDF p. 113 |
Original report: PDF p. 113 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| EPS weighted ordinary-share denominator | ||
| Weighted average number of ordinary shares in issue for basic and diluted earnings per share (in units)Shares | 252,629,000 | PDF p. 113 |
Original report: PDF p. 113 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| Original earnings per share | ||
| Earnings per share (cents per share)Singapore cents per share | 2.61 | PDF p. 113 |
Original report: PDF p. 113 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| Original capital and net debt | ||
| Trade and other payablesSingapore dollars thousands | 3,024 | PDF p. 150 |
| Amounts due to directorsSingapore dollars thousands | 605 | PDF p. 150 |
| Lease liabilitiesSingapore dollars thousands | 837 | PDF p. 150 |
| Bank borrowingsSingapore dollars thousands | 1,770 | PDF p. 150 |
| Less: Cash and bank balancesSingapore dollars thousands | (11,358) | PDF p. 150 |
| Net debt/(cash)Singapore dollars thousands | (5,122) | PDF p. 150 |
| Equity attributable to equity holders of the CompanySingapore dollars thousands | 55,313 | PDF p. 150 |
| Less: Legal reserveSingapore dollars thousands | (1,651) | PDF p. 150 |
| Total capitalSingapore dollars thousands | 53,662 | PDF p. 150 |
| Capital and net debtSingapore dollars thousands | 48,540 | PDF p. 150 |
Original report: PDF p. 150 ↗
Net debt includes trade and other payables, directors, leases and bank borrowings less total cash and bank balances. Capital is owners equity less legal reserve.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| Original capital management ratio | ||
| Gearing ratioRatio | N.M | PDF p. 150 |
Original report: PDF p. 150 ↗
N.M (*) means not meaningful; it is preserved as printed and is not zero. Numeric gearing is net debt divided by capital plus net debt.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group and Company / 1 April 2023 to 31 March 2024 / 12 months | Source |
|---|---|---|
| Dividends on ordinary shares: | ||
| Final exempt (one-tier) dividend for 31 March 2024: $0.7 cents (31 March 2023: $1.8 cents) per shareSingapore cents per share | 4,547 | PDF p. 130 |
| Dividends on ordinary shares, subject to shareholders’ approval at the AGM: | ||
| Final exempt (one-tier) dividend for 30 June 2025: $0.7 cents (31 March 2024: $0.7 cents) per shareSingapore cents per share | 1,768 | PDF p. 130 |
Original report: PDF p. 130 ↗
Amounts under thousand-dollar headers are dividend cash totals, not cents-per-share rates embedded in the original captions. Proposed dividends are not a reporting-date liability or an additional amount paid.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Group combined profit and comprehensive income | ||
| RevenueSingapore dollars thousands | 30,196 | PDF p. 75 |
| Cost of salesSingapore dollars thousands | (13,265) | PDF p. 75 |
| Gross profitSingapore dollars thousands | 16,931 | PDF p. 75 |
| Other incomeSingapore dollars thousands | 329 | PDF p. 75 |
| Distribution costsSingapore dollars thousands | (8,871) | PDF p. 75 |
| General and administrative expensesSingapore dollars thousands | (4,733) | PDF p. 75 |
| Profit from operationsSingapore dollars thousands | 3,656 | PDF p. 75 |
| Interest incomeSingapore dollars thousands | 121 | PDF p. 75 |
| Finance costsSingapore dollars thousands | (61) | PDF p. 75 |
| Share of results of associated company - net of taxSingapore dollars thousands | 7,883 | PDF p. 75 |
| Profit before income taxSingapore dollars thousands | 11,599 | PDF p. 75 |
| Income tax expenseSingapore dollars thousands | (1,526) | PDF p. 75 |
| Profit for the yearSingapore dollars thousands | 10,073 | PDF p. 75 |
| Profit for the year attributable to: | ||
| Owners of the CompanySingapore dollars thousands | 10,073 | PDF p. 76 |
| Non-controlling interestsSingapore dollars thousands | – | PDF p. 76 |
| SubtotalSingapore dollars thousands | 10,073 | PDF p. 76 |
| Earnings per share attributable to owners of the Company (cents per share) | ||
| Basic and dilutedSingapore cents per share | 3.99 | PDF p. 76 |
Original report: PDF p. 75 ↗ PDF p. 76 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Group combined profit and comprehensive income | ||
| Profit for the yearSingapore dollars thousands | 10,073 | PDF p. 75 |
| Item that will not be reclassifi ed to profit or loss | ||
| Share of (loss)/gain on property revaluation of associated companySingapore dollars thousands | 725 | PDF p. 75 |
| Items that may be reclassifi ed subsequently to profit or loss | ||
| Foreign currency translationSingapore dollars thousands | (1,094) | PDF p. 75 |
| Share of foreign currency translation of associated companySingapore dollars thousands | (1,188) | PDF p. 75 |
| SubtotalSingapore dollars thousands | (2,282) | PDF p. 75 |
| Other comprehensive loss for the year, net of taxSingapore dollars thousands | (1,557) | PDF p. 75 |
| Total comprehensive income for the yearSingapore dollars thousands | 8,516 | PDF p. 75 |
| Total comprehensive income attributable to: | ||
| Owners of the CompanySingapore dollars thousands | 8,516 | PDF p. 76 |
| Non-controlling interestsSingapore dollars thousands | – | PDF p. 76 |
| SubtotalSingapore dollars thousands | 8,516 | PDF p. 76 |
Original report: PDF p. 75 ↗ PDF p. 76 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Operating activities | ||
| Profit before income taxSingapore dollars thousands | 11,599 | PDF p. 82 |
| Adjustments for: | ||
| - Interest incomeSingapore dollars thousands | (121) | PDF p. 82 |
| - Finance costsSingapore dollars thousands | 61 | PDF p. 82 |
| - Depreciation of property, plant and equipmentSingapore dollars thousands | 561 | PDF p. 82 |
| - Depreciation expense of right-of-use assetsSingapore dollars thousands | 833 | PDF p. 82 |
| - Loss allowance of trade receivablesSingapore dollars thousands | – | PDF p. 82 |
| - Reversal of allowances for amounts due from related partiesSingapore dollars thousands | (29) | PDF p. 82 |
| - Inventories written offSingapore dollars thousands | 4 | PDF p. 82 |
| - Reversal of allowance for inventory obsolescence, netSingapore dollars thousands | (71) | PDF p. 82 |
| - Share of results of associated companySingapore dollars thousands | (7,883) | PDF p. 82 |
| - Unrealised foreign exchange gainSingapore dollars thousands | (728) | PDF p. 82 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | 4,226 | PDF p. 82 |
| Changes in working capital: | ||
| - InventoriesSingapore dollars thousands | (170) | PDF p. 82 |
| - Trade and other receivablesSingapore dollars thousands | 797 | PDF p. 82 |
| - PrepaymentsSingapore dollars thousands | (57) | PDF p. 82 |
| - Trade and other payablesSingapore dollars thousands | 48 | PDF p. 82 |
| Cash generated from operationsSingapore dollars thousands | 4,844 | PDF p. 82 |
| - Income tax paidSingapore dollars thousands | (1,355) | PDF p. 82 |
| - Interest incomeSingapore dollars thousands | 121 | PDF p. 82 |
| Net cash (used in)/generated from operating activitiesSingapore dollars thousands | 3,610 | PDF p. 82 |
| Investing activities | ||
| Dividend received from associated companySingapore dollars thousands | 5,086 | PDF p. 83 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (305) | PDF p. 83 |
| Net cash generated from investing activitiesSingapore dollars thousands | 4,781 | PDF p. 83 |
| Financing activities | ||
| Proceeds from bank borrowingsSingapore dollars thousands | 3,529 | PDF p. 83 |
| Repayment of bank borrowingsSingapore dollars thousands | (4,993) | PDF p. 83 |
| Repayment of lease liabilitiesSingapore dollars thousands | (909) | PDF p. 83 |
| Interest paid on lease liabilitiesSingapore dollars thousands | (15) | PDF p. 83 |
| Proceeds from bills payablesSingapore dollars thousands | 2,148 | PDF p. 83 |
| Repayment of bills payablesSingapore dollars thousands | (2,148) | PDF p. 83 |
| Decrease in restricted bank depositsSingapore dollars thousands | 36 | PDF p. 83 |
| Dividend paid to shareholdersSingapore dollars thousands | (2,274) | PDF p. 83 |
| Net cash used in financing activitiesSingapore dollars thousands | (4,626) | PDF p. 83 |
| Net (decrease)/increase in cash and cash equivalentsSingapore dollars thousands | 3,765 | PDF p. 83 |
| Cash and cash equivalents at beginning of the financial yearSingapore dollars thousands | 8,849 | PDF p. 83 |
| Effect of exchange rate changes on cash and cash equivalentsSingapore dollars thousands | (319) | PDF p. 83 |
| Cash and cash equivalents at end of the financial yearSingapore dollars thousands | 12,295 | PDF p. 83 |
Original report: PDF p. 82 ↗ PDF p. 83 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Current assets | ||
| InventoriesSingapore dollars thousands | 10,746 | PDF p. 77 |
| Trade and other receivablesSingapore dollars thousands | 4,517 | PDF p. 77 |
| PrepaymentsSingapore dollars thousands | 87 | PDF p. 77 |
| Cash and bank balancesSingapore dollars thousands | 12,732 | PDF p. 77 |
| SubtotalSingapore dollars thousands | 28,082 | PDF p. 77 |
| Non-current assets | ||
| Investment in associated companySingapore dollars thousands | 31,127 | PDF p. 77 |
| Investment in subsidiariesSingapore dollars thousands | – | PDF p. 77 |
| Property, plant and equipmentSingapore dollars thousands | 334 | PDF p. 77 |
| Right-of-use assetsSingapore dollars thousands | 928 | PDF p. 77 |
| Trade and other receivablesSingapore dollars thousands | 290 | PDF p. 77 |
| Deferred tax assetsSingapore dollars thousands | 164 | PDF p. 77 |
| SubtotalSingapore dollars thousands | 32,843 | PDF p. 77 |
| Total assetsSingapore dollars thousands | 60,925 | PDF p. 77 |
| Current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 4,055 | PDF p. 78 |
| Amount due to directorsSingapore dollars thousands | 137 | PDF p. 78 |
| Lease liabilitiesSingapore dollars thousands | 565 | PDF p. 78 |
| Bank borrowingsSingapore dollars thousands | – | PDF p. 78 |
| Income tax payableSingapore dollars thousands | 856 | PDF p. 78 |
| SubtotalSingapore dollars thousands | 5,613 | PDF p. 78 |
| Non-current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 61 | PDF p. 78 |
| Lease liabilitiesSingapore dollars thousands | 367 | PDF p. 78 |
| SubtotalSingapore dollars thousands | 428 | PDF p. 78 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 31,351 | PDF p. 78 |
| Revaluation reserveSingapore dollars thousands | 2,990 | PDF p. 78 |
| Legal reserveSingapore dollars thousands | 1,651 | PDF p. 78 |
| Translation reserveSingapore dollars thousands | (2,513) | PDF p. 78 |
| Accumulated profit/(losses)Singapore dollars thousands | 21,407 | PDF p. 78 |
| Attributable to equity holders to the companySingapore dollars thousands | 54,886 | PDF p. 78 |
| Non-controlling interestsSingapore dollars thousands | (2) | PDF p. 78 |
| Total equitySingapore dollars thousands | 54,884 | PDF p. 78 |
| Total liabilities and equitySingapore dollars thousands | 60,925 | PDF p. 78 |
Original report: PDF p. 77 ↗ PDF p. 78 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Company / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Current assets | ||
| InventoriesSingapore dollars thousands | – | PDF p. 77 |
| Trade and other receivablesSingapore dollars thousands | 526 | PDF p. 77 |
| PrepaymentsSingapore dollars thousands | 9 | PDF p. 77 |
| Cash and bank balancesSingapore dollars thousands | 8,946 | PDF p. 77 |
| SubtotalSingapore dollars thousands | 9,481 | PDF p. 77 |
| Non-current assets | ||
| Investment in associated companySingapore dollars thousands | 13,252 | PDF p. 77 |
| Investment in subsidiariesSingapore dollars thousands | 1,399 | PDF p. 77 |
| Property, plant and equipmentSingapore dollars thousands | 13 | PDF p. 77 |
| Right-of-use assetsSingapore dollars thousands | 241 | PDF p. 77 |
| Trade and other receivablesSingapore dollars thousands | 25 | PDF p. 77 |
| Deferred tax assetsSingapore dollars thousands | – | PDF p. 77 |
| SubtotalSingapore dollars thousands | 14,930 | PDF p. 77 |
| Total assetsSingapore dollars thousands | 24,411 | PDF p. 77 |
| Current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 208 | PDF p. 78 |
| Amount due to directorsSingapore dollars thousands | 137 | PDF p. 78 |
| Lease liabilitiesSingapore dollars thousands | 70 | PDF p. 78 |
| Bank borrowingsSingapore dollars thousands | – | PDF p. 78 |
| Income tax payableSingapore dollars thousands | – | PDF p. 78 |
| SubtotalSingapore dollars thousands | 415 | PDF p. 78 |
| Non-current liabilities | ||
| Trade and other payablesSingapore dollars thousands | – | PDF p. 78 |
| Lease liabilitiesSingapore dollars thousands | 170 | PDF p. 78 |
| SubtotalSingapore dollars thousands | 170 | PDF p. 78 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 31,351 | PDF p. 78 |
| Revaluation reserveSingapore dollars thousands | – | PDF p. 78 |
| Legal reserveSingapore dollars thousands | – | PDF p. 78 |
| Translation reserveSingapore dollars thousands | – | PDF p. 78 |
| Accumulated profit/(losses)Singapore dollars thousands | (7,525) | PDF p. 78 |
| Attributable to equity holders to the companySingapore dollars thousands | 23,826 | PDF p. 78 |
| Non-controlling interestsSingapore dollars thousands | – | PDF p. 78 |
| Total equitySingapore dollars thousands | 23,826 | PDF p. 78 |
| Total liabilities and equitySingapore dollars thousands | 24,411 | PDF p. 78 |
Original report: PDF p. 77 ↗ PDF p. 78 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / Share capital | 2023Group / 1 April 2022 to 31 March 2023 / Revaluation reserve | 2023Group / 1 April 2022 to 31 March 2023 / Legal reserve | 2023Group / 1 April 2022 to 31 March 2023 / Translation reserve | 2023Group / 1 April 2022 to 31 March 2023 / Accumulated profits | 2023Group / 1 April 2022 to 31 March 2023 / Owners total | 2023Group / 1 April 2022 to 31 March 2023 / Non-controlling interests | 2023Group / 1 April 2022 to 31 March 2023 / Total equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity | |||||||||
| Balance at 1 April 2022Singapore dollars thousands | 31,351 | 2,265 | 1,651 | (231) | 13,608 | 48,644 | (2) | 48,642 | PDF p. 80 |
| Profit for the yearSingapore dollars thousands | – | – | – | – | 10,073 | 10,073 | – | 10,073 | PDF p. 80 |
| Other comprehensive income/(loss) | |||||||||
| - Foreign currency translationSingapore dollars thousands | – | – | – | (1,094) | – | (1,094) | – | (1,094) | PDF p. 80 |
| - Share of gain on property revaluation of associated companySingapore dollars thousands | – | 725 | – | – | – | 725 | – | 725 | PDF p. 80 |
| - Share of foreign currency translation of associated companySingapore dollars thousands | – | – | – | (1,188) | – | (1,188) | – | (1,188) | PDF p. 80 |
| Other comprehensive income/(loss) for | |||||||||
| Other comprehensive income/(loss) for the year, net of taxSingapore dollars thousands | – | 725 | – | (2,282) | – | (1,557) | – | (1,557) | PDF p. 80 |
| Total comprehensive income for the yearSingapore dollars thousands | – | 725 | – | (2,282) | 10,073 | 8,516 | – | 8,516 | PDF p. 80 |
| Contributions by and distributions to | |||||||||
| Dividends paid to shareholders (Note 24)Singapore dollars thousands | – | – | – | – | (2,274) | (2,274) | – | (2,274) | PDF p. 80 |
| Balance at 31 March 2023Singapore dollars thousands | 31,351 | 2,990 | 1,651 | (2,513) | 21,407 | 54,886 | (2) | 54,884 | PDF p. 80 |
Original report: PDF p. 80 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Company / 1 April 2022 to 31 March 2023 / Share capital | 2023Company / 1 April 2022 to 31 March 2023 / Accumulated losses | 2023Company / 1 April 2022 to 31 March 2023 / Total equity | Source |
|---|---|---|---|---|
| Company changes in equity | ||||
| Balance at 1 April 2022Singapore dollars thousands | 31,351 | (9,900) | 21,451 | PDF p. 81 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | 4,649 | 4,649 | PDF p. 81 |
| Dividends (Note 24)Singapore dollars thousands | – | (2,274) | (2,274) | PDF p. 81 |
| Balance at 31 March 2023Singapore dollars thousands | 31,351 | (7,525) | 23,826 | PDF p. 81 |
Original report: PDF p. 81 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| EPS owner-profit numerator | ||
| Profit attributable to owners of the Company ($)Singapore dollars | 10,073,000 | PDF p. 107 |
Original report: PDF p. 107 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| EPS weighted ordinary-share denominator | ||
| Weighted average number of ordinary shares in issue for basic and diluted earnings per share (in units)Shares | 252,629,000 | PDF p. 107 |
Original report: PDF p. 107 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Original earnings per share | ||
| Earnings per share (cents per share)Singapore cents per share | 3.99 | PDF p. 107 |
Original report: PDF p. 107 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Original capital and net debt | ||
| Trade and other payablesSingapore dollars thousands | 4,116 | PDF p. 141 |
| Bank borrowingsSingapore dollars thousands | – | PDF p. 141 |
| Amounts due to directorsSingapore dollars thousands | 137 | PDF p. 141 |
| Lease liabilitiesSingapore dollars thousands | 932 | PDF p. 141 |
| Less: Cash and bank balancesSingapore dollars thousands | (12,732) | PDF p. 141 |
| Net cashSingapore dollars thousands | (7,547) | PDF p. 141 |
| Equity attributable to equity holders of the CompanySingapore dollars thousands | 54,886 | PDF p. 141 |
| Less: Legal reserveSingapore dollars thousands | (1,651) | PDF p. 141 |
| Total capitalSingapore dollars thousands | 53,235 | PDF p. 141 |
| Capital and net debtSingapore dollars thousands | 45,688 | PDF p. 141 |
Original report: PDF p. 141 ↗
Net debt includes trade and other payables, directors, leases and bank borrowings less total cash and bank balances. Capital is owners equity less legal reserve.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Original capital management ratio | ||
| Gearing ratioRatio | N.M | PDF p. 141 |
Original report: PDF p. 141 ↗
N.M (*) means not meaningful; it is preserved as printed and is not zero. Numeric gearing is net debt divided by capital plus net debt.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group and Company / 1 April 2022 to 31 March 2023 / 12 months | Source |
|---|---|---|
| Dividends on ordinary shares: | ||
| Final exempt (one-tier) dividend for 2023: $1.8 cents (2022: $0.9 cents) per shareSingapore cents per share | 2,274 | PDF p. 124 |
| Dividends on ordinary shares, subject to shareholders’ approval at the AGM: | ||
| Final exempt (one-tier) dividend for 2024: $0.7 cents (2023: $1.8 cents) per shareSingapore cents per share | 4,547 | PDF p. 124 |
Original report: PDF p. 124 ↗
Amounts under thousand-dollar headers are dividend cash totals, not cents-per-share rates embedded in the original captions. Proposed dividends are not a reporting-date liability or an additional amount paid.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Group combined profit and comprehensive income | ||
| RevenueSingapore dollars thousands | 23,668 | PDF p. 63 |
| Cost of salesSingapore dollars thousands | (10,224) | PDF p. 63 |
| Gross profitSingapore dollars thousands | 13,444 | PDF p. 63 |
| Other incomeSingapore dollars thousands | 460 | PDF p. 63 |
| Distribution costsSingapore dollars thousands | (8,175) | PDF p. 63 |
| General and administrative expensesSingapore dollars thousands | (3,730) | PDF p. 63 |
| Profit from operationsSingapore dollars thousands | 1,999 | PDF p. 63 |
| Interest incomeSingapore dollars thousands | 70 | PDF p. 63 |
| Finance costsSingapore dollars thousands | (77) | PDF p. 63 |
| Share of results of associated company - net of taxSingapore dollars thousands | 5,536 | PDF p. 63 |
| Profit before income taxSingapore dollars thousands | 7,528 | PDF p. 63 |
| Income tax expenseSingapore dollars thousands | (924) | PDF p. 63 |
| Profit for the yearSingapore dollars thousands | 6,604 | PDF p. 63 |
| Profit for the year attributable to: | ||
| Owners of the CompanySingapore dollars thousands | 6,603 | PDF p. 64 |
| Non-controlling interestsSingapore dollars thousands | 1 | PDF p. 64 |
| SubtotalSingapore dollars thousands | 6,604 | PDF p. 64 |
| Earnings per share attributable to owners of the Company (cents per share) | ||
| Basic and dilutedSingapore cents per share | 2.61 | PDF p. 64 |
Original report: PDF p. 63 ↗ PDF p. 64 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Group combined profit and comprehensive income | ||
| Profit for the yearSingapore dollars thousands | 6,604 | PDF p. 63 |
| Items that will not be reclassifi ed to profit or loss | ||
| Share of gain/(loss) on property revaluation of associated companySingapore dollars thousands | (443) | PDF p. 63 |
| Items that may be reclassifi ed subsequently to profit or loss | ||
| Foreign currency translationSingapore dollars thousands | (39) | PDF p. 63 |
| Share of foreign currency translation of associated companySingapore dollars thousands | (94) | PDF p. 63 |
| SubtotalSingapore dollars thousands | (133) | PDF p. 63 |
| Other comprehensive loss for the year, net of taxSingapore dollars thousands | (576) | PDF p. 63 |
| Total comprehensive income for the yearSingapore dollars thousands | 6,028 | PDF p. 63 |
| Total comprehensive income attributable to: | ||
| Owners of the CompanySingapore dollars thousands | 6,029 | PDF p. 64 |
| Non-controlling interestsSingapore dollars thousands | (1) | PDF p. 64 |
| SubtotalSingapore dollars thousands | 6,028 | PDF p. 64 |
Original report: PDF p. 63 ↗ PDF p. 64 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Operating activities | ||
| Profit before income taxSingapore dollars thousands | 7,528 | PDF p. 70 |
| Adjustments for: | ||
| - Interest incomeSingapore dollars thousands | (70) | PDF p. 70 |
| - Finance costsSingapore dollars thousands | 77 | PDF p. 70 |
| - Depreciation of property, plant and equipmentSingapore dollars thousands | 506 | PDF p. 70 |
| - Depreciation expense of right-of-use assetsSingapore dollars thousands | 1,248 | PDF p. 70 |
| - Gain on disposal of property, plant and equipmentSingapore dollars thousands | (3) | PDF p. 70 |
| - Changes in allowances for amounts due from related partiesSingapore dollars thousands | – | PDF p. 70 |
| - Inventories written offSingapore dollars thousands | 203 | PDF p. 70 |
| - (Reversal of allowance)/Allowance for inventory obsolescence, netSingapore dollars thousands | 88 | PDF p. 70 |
| - Share of results of associated companySingapore dollars thousands | (5,536) | PDF p. 70 |
| - Unrealised foreign exchange gainSingapore dollars thousands | (28) | PDF p. 70 |
| Operating cash flows before movements in working capitalSingapore dollars thousands | 4,013 | PDF p. 70 |
| Changes in working capital: | ||
| - InventoriesSingapore dollars thousands | 328 | PDF p. 70 |
| - Trade and other receivablesSingapore dollars thousands | 470 | PDF p. 70 |
| - PrepaymentsSingapore dollars thousands | 15 | PDF p. 70 |
| - Trade and other payablesSingapore dollars thousands | 1,257 | PDF p. 70 |
| Cash generated from operationsSingapore dollars thousands | 6,083 | PDF p. 70 |
| - Income tax paidSingapore dollars thousands | (615) | PDF p. 70 |
| - Interest incomeSingapore dollars thousands | 70 | PDF p. 70 |
| Net cash generated from operating activitiesSingapore dollars thousands | 5,538 | PDF p. 70 |
| Investing activities | ||
| Dividend received from associated companySingapore dollars thousands | 4,278 | PDF p. 71 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (739) | PDF p. 71 |
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 3 | PDF p. 71 |
| Net cash generated from investing activitiesSingapore dollars thousands | 3,542 | PDF p. 71 |
| Financing activities | ||
| Proceeds from bank borrowingsSingapore dollars thousands | 7,186 | PDF p. 71 |
| Repayment of bank borrowingsSingapore dollars thousands | (8,190) | PDF p. 71 |
| Repayment of lease liabilitiesSingapore dollars thousands | (1,327) | PDF p. 71 |
| Interest paid on lease liabilitiesSingapore dollars thousands | (26) | PDF p. 71 |
| Proceeds from bills payablesSingapore dollars thousands | 1,785 | PDF p. 71 |
| Repayment of bills payablesSingapore dollars thousands | (2,958) | PDF p. 71 |
| Decrease in restricted bank depositsSingapore dollars thousands | 78 | PDF p. 71 |
| Dividend paid to shareholdersSingapore dollars thousands | (2,526) | PDF p. 71 |
| Net cash used in financing activitiesSingapore dollars thousands | (5,978) | PDF p. 71 |
| Net increase in cash and cash equivalentsSingapore dollars thousands | 3,102 | PDF p. 71 |
| Cash and cash equivalents at beginning of the financial yearSingapore dollars thousands | 5,746 | PDF p. 71 |
| Eff ect of exchange rate changes on cash and cash equivalentsSingapore dollars thousands | 1 | PDF p. 71 |
| Cash and cash equivalents at end of the financial yearSingapore dollars thousands | 8,849 | PDF p. 71 |
Original report: PDF p. 70 ↗ PDF p. 71 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Current assets | ||
| InventoriesSingapore dollars thousands | 10,509 | PDF p. 65 |
| Trade and other receivablesSingapore dollars thousands | 4,612 | PDF p. 65 |
| PrepaymentsSingapore dollars thousands | 30 | PDF p. 65 |
| Cash and bank balancesSingapore dollars thousands | 9,322 | PDF p. 65 |
| SubtotalSingapore dollars thousands | 24,473 | PDF p. 65 |
| Non-current assets | ||
| Investment in associated companySingapore dollars thousands | 28,793 | PDF p. 65 |
| Investment in subsidiariesSingapore dollars thousands | – | PDF p. 65 |
| Property, plant and equipmentSingapore dollars thousands | 629 | PDF p. 65 |
| Right-of-use assetsSingapore dollars thousands | 892 | PDF p. 65 |
| Trade and other receivablesSingapore dollars thousands | 963 | PDF p. 65 |
| Deferred tax assetsSingapore dollars thousands | 177 | PDF p. 65 |
| SubtotalSingapore dollars thousands | 31,454 | PDF p. 65 |
| Total assetsSingapore dollars thousands | 55,927 | PDF p. 65 |
| Current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 3,619 | PDF p. 66 |
| Amount due to directorsSingapore dollars thousands | 533 | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 670 | PDF p. 66 |
| Bank borrowingsSingapore dollars thousands | 591 | PDF p. 66 |
| Income tax payableSingapore dollars thousands | 754 | PDF p. 66 |
| SubtotalSingapore dollars thousands | 6,167 | PDF p. 66 |
| Non-current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 54 | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 237 | PDF p. 66 |
| Bank borrowingsSingapore dollars thousands | 827 | PDF p. 66 |
| SubtotalSingapore dollars thousands | 1,118 | PDF p. 66 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 31,351 | PDF p. 66 |
| Revaluation reserveSingapore dollars thousands | 2,265 | PDF p. 66 |
| Legal reserveSingapore dollars thousands | 1,651 | PDF p. 66 |
| Translation reserveSingapore dollars thousands | (231) | PDF p. 66 |
| Accumulated profit/(losses)Singapore dollars thousands | 13,608 | PDF p. 66 |
| Attributable to equity holders to the companySingapore dollars thousands | 48,644 | PDF p. 66 |
| Non-controlling interestsSingapore dollars thousands | (2) | PDF p. 66 |
| Total equitySingapore dollars thousands | 48,642 | PDF p. 66 |
| Total liabilities and equitySingapore dollars thousands | 55,927 | PDF p. 66 |
Original report: PDF p. 65 ↗ PDF p. 66 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Company / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Current assets | ||
| InventoriesSingapore dollars thousands | – | PDF p. 65 |
| Trade and other receivablesSingapore dollars thousands | 591 | PDF p. 65 |
| PrepaymentsSingapore dollars thousands | 17 | PDF p. 65 |
| Cash and bank balancesSingapore dollars thousands | 6,275 | PDF p. 65 |
| SubtotalSingapore dollars thousands | 6,883 | PDF p. 65 |
| Non-current assets | ||
| Investment in associated companySingapore dollars thousands | 13,252 | PDF p. 65 |
| Investment in subsidiariesSingapore dollars thousands | 1,399 | PDF p. 65 |
| Property, plant and equipmentSingapore dollars thousands | 20 | PDF p. 65 |
| Right-of-use assetsSingapore dollars thousands | 86 | PDF p. 65 |
| Trade and other receivablesSingapore dollars thousands | 520 | PDF p. 65 |
| Deferred tax assetsSingapore dollars thousands | – | PDF p. 65 |
| SubtotalSingapore dollars thousands | 15,277 | PDF p. 65 |
| Total assetsSingapore dollars thousands | 22,160 | PDF p. 65 |
| Current liabilities | ||
| Trade and other payablesSingapore dollars thousands | 98 | PDF p. 66 |
| Amount due to directorsSingapore dollars thousands | 517 | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 78 | PDF p. 66 |
| Bank borrowingsSingapore dollars thousands | – | PDF p. 66 |
| Income tax payableSingapore dollars thousands | – | PDF p. 66 |
| SubtotalSingapore dollars thousands | 693 | PDF p. 66 |
| Non-current liabilities | ||
| Trade and other payablesSingapore dollars thousands | – | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 16 | PDF p. 66 |
| Bank borrowingsSingapore dollars thousands | – | PDF p. 66 |
| SubtotalSingapore dollars thousands | 16 | PDF p. 66 |
| Capital and reserves | ||
| Share capitalSingapore dollars thousands | 31,351 | PDF p. 66 |
| Revaluation reserveSingapore dollars thousands | – | PDF p. 66 |
| Legal reserveSingapore dollars thousands | – | PDF p. 66 |
| Translation reserveSingapore dollars thousands | – | PDF p. 66 |
| Accumulated profit/(losses)Singapore dollars thousands | (9,900) | PDF p. 66 |
| Attributable to equity holders to the companySingapore dollars thousands | 21,451 | PDF p. 66 |
| Non-controlling interestsSingapore dollars thousands | – | PDF p. 66 |
| Total equitySingapore dollars thousands | 21,451 | PDF p. 66 |
| Total liabilities and equitySingapore dollars thousands | 22,160 | PDF p. 66 |
Original report: PDF p. 65 ↗ PDF p. 66 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / Share capital | 2022Group / 1 April 2021 to 31 March 2022 / Revaluation reserve | 2022Group / 1 April 2021 to 31 March 2022 / Legal reserve | 2022Group / 1 April 2021 to 31 March 2022 / Translation reserve | 2022Group / 1 April 2021 to 31 March 2022 / Accumulated profits | 2022Group / 1 April 2021 to 31 March 2022 / Owners total | 2022Group / 1 April 2021 to 31 March 2022 / Non-controlling interests | 2022Group / 1 April 2021 to 31 March 2022 / Total equity | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group changes in equity | |||||||||
| Balance at 1 April 2021Singapore dollars thousands | 31,351 | 2,708 | 1,651 | (100) | 9,531 | 45,141 | (1) | 45,140 | PDF p. 68 |
| Profit for the yearSingapore dollars thousands | – | – | – | – | 6,603 | 6,603 | 1 | 6,604 | PDF p. 68 |
| Other comprehensive loss | |||||||||
| - Foreign currency translationSingapore dollars thousands | – | – | – | (37) | – | (37) | (2) | (39) | PDF p. 68 |
| - Share of loss on property revaluation of associated companySingapore dollars thousands | – | (443) | – | – | – | (443) | – | (443) | PDF p. 68 |
| - Share of foreign currency translation of associated companySingapore dollars thousands | – | – | – | (94) | – | (94) | – | (94) | PDF p. 68 |
| Other comprehensive loss for the year, net of taxSingapore dollars thousands | – | (443) | – | (131) | – | (574) | (2) | (576) | PDF p. 68 |
| Total comprehensive income for the yearSingapore dollars thousands | – | (443) | – | (131) | 6,603 | 6,029 | (1) | 6,028 | PDF p. 68 |
| Contributions by and distributions to owners | |||||||||
| Dividends paid to shareholders (Note 24)Singapore dollars thousands | – | – | – | – | (2,526) | (2,526) | – | (2,526) | PDF p. 68 |
| Balance at 31 March 2022Singapore dollars thousands | 31,351 | 2,265 | 1,651 | (231) | 13,608 | 48,644 | (2) | 48,642 | PDF p. 68 |
Original report: PDF p. 68 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Company / 1 April 2021 to 31 March 2022 / Share capital | 2022Company / 1 April 2021 to 31 March 2022 / Accumulated losses | 2022Company / 1 April 2021 to 31 March 2022 / Total equity | Source |
|---|---|---|---|---|
| Company changes in equity | ||||
| Balance at 1 April 2021Singapore dollars thousands | 31,351 | (9,839) | 21,512 | PDF p. 69 |
| Profit for the year, representing total comprehensive income for the yearSingapore dollars thousands | – | 2,465 | 2,465 | PDF p. 69 |
| Dividends (Note 24)Singapore dollars thousands | – | (2,526) | (2,526) | PDF p. 69 |
| Balance at 31 March 2022Singapore dollars thousands | 31,351 | (9,900) | 21,451 | PDF p. 69 |
Original report: PDF p. 69 ↗
Five reporting periods FY2022–FY2026. FY2025 is the 15-month transition from 1 April 2024 to 30 June 2025; FY2026 is 12 months from 1 July 2025 to 30 June 2026. FY2022–FY2024 end on 31 March. These are unequal reporting durations and are not annualised.
All primary money amounts are Singapore dollars thousands; earnings per share are Singapore cents per share. Company balance sheets and equity changes are printed; no separate Company profit, comprehensive-income or cash-flow statement is supplied.
The current FY2025 comparative cash-flow statement separately shows amount due to directors 283 and trade/other payables 105; the original FY2025 reports one combined trade/other payable movement 388. The latest comparative classification is used, with original disclosure retained as comparison evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| EPS owner-profit numerator | ||
| Profit attributable to owners of the CompanySingapore dollars thousands | 6,603 | PDF p. 93 |
Original report: PDF p. 93 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| EPS weighted ordinary-share denominator | ||
| Weighted average number of ordinary shares in issue for basic and diluted earnings per share (in units)Shares | 252,629,000 | PDF p. 93 |
Original report: PDF p. 93 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Original earnings per share | ||
| Earnings per share (cents per share)Singapore cents per share | 2.61 | PDF p. 93 |
Original report: PDF p. 93 ↗
The EPS weighted count is printed in whole shares (in units). Profit input units follow the original source: FY2023 report uses thousands; later reports show whole Singapore dollars.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Original capital and net debt | ||
| Trade and other payablesSingapore dollars thousands | 3,673 | PDF p. 127 |
| Bank borrowingsSingapore dollars thousands | 1,418 | PDF p. 127 |
| Amounts due to directorsSingapore dollars thousands | 533 | PDF p. 127 |
| Lease liabilitiesSingapore dollars thousands | 907 | PDF p. 127 |
| Less: Cash and bank balancesSingapore dollars thousands | (9,322) | PDF p. 127 |
| Net cashSingapore dollars thousands | (2,791) | PDF p. 127 |
| Equity attributable to equity holders of the CompanySingapore dollars thousands | 48,644 | PDF p. 127 |
| Less: Legal reserveSingapore dollars thousands | (1,651) | PDF p. 127 |
| Total capitalSingapore dollars thousands | 46,993 | PDF p. 127 |
| Capital and net debtSingapore dollars thousands | 44,202 | PDF p. 127 |
Original report: PDF p. 127 ↗
Net debt includes trade and other payables, directors, leases and bank borrowings less total cash and bank balances. Capital is owners equity less legal reserve.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Original capital management ratio | ||
| Gearing ratioRatio | N.M | PDF p. 127 |
Original report: PDF p. 127 ↗
N.M (*) means not meaningful; it is preserved as printed and is not zero. Numeric gearing is net debt divided by capital plus net debt.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group and Company / 1 April 2021 to 31 March 2022 / 12 months | Source |
|---|---|---|
| Dividends on ordinary shares: | ||
| Final exempt (one-tier) dividend for 2022: $0.9 cents (2021: $1.0 cents) per shareSingapore cents per share | 2,526 | PDF p. 110 |
| Dividends on ordinary shares, subject to shareholders’ approval at the AGM: | ||
| Final exempt (one-tier) dividend for 2023: $1.8 cents (2022: $0.9 cents) per shareSingapore cents per share | 2,274 | PDF p. 110 |
Original report: PDF p. 110 ↗
Amounts under thousand-dollar headers are dividend cash totals, not cents-per-share rates embedded in the original captions. Proposed dividends are not a reporting-date liability or an additional amount paid.
Where the money comes from
| Item / unit | 2025Singapore and Malaysia | 2025Taiwan | 2025Adjustments and eliminations | 2025Total Group | Source |
|---|---|---|---|---|---|
| Revenue | |||||
| External customers$'000 | – | 33,528 | – | 33,528 | PDF p. 153 |
| Results | |||||
| Interest income$'000 | 372 | 30 | – | 402 | PDF p. 153 |
| Dividend income$'000 | 7,817 | – | (7,817) | – | PDF p. 153 |
| Finance costs$'000 | (7) | (112) | – | (119) | PDF p. 153 |
| Depreciation of property, plant and equipment$'000 | (5) | (872) | – | (877) | PDF p. 153 |
| Depreciation of right-of-use assets$'000 | (95) | (1,139) | – | (1,234) | PDF p. 153 |
| Share of results of associated company$'000 | 9,295 | – | – | 9,295 | PDF p. 153 |
| Other non-cash expenses$'000 | – | (216) | – | (216) | PDF p. 153 |
| Income tax expense$'000 | (375) | (966) | – | (1,341) | PDF p. 153 |
| Segment profit$'000 | 15,103 | 2,563 | (8,366) | 9,300 | PDF p. 153 |
| Assets | |||||
| Investment in associated company$'000 | 36,664 | – | – | 36,664 | PDF p. 153 |
| Additions to property, plant and equipment$'000 | 8 | 973 | – | 981 | PDF p. 153 |
| Segment assets$'000 | 51,359 | 20,391 | (722) | 71,028 | PDF p. 153 |
| Liabilities | |||||
| Segment liabilities$'000 | 1,180 | 4,233 | (45) | 5,368 | PDF p. 153 |
| Cash flows from | |||||
| Operating activities$'000 | (2,579) | 8,788 | – | 6,209 | PDF p. 153 |
| Investing activities$'000 | 6,574 | (927) | – | 5,647 | PDF p. 153 |
| Financing activities$'000 | (1,957) | (2,982) | – | (4,939) | PDF p. 153 |
| Total cash flows$'000 | 2,038 | 4,879 | – | 6,917 | PDF p. 153 |
Comparative period 01/04/2024 to 30/06/2025. Footnote markers (a)-(d) refer to reconciliation notes on pages 154-155: (a) dividend income from subsidiaries and associated company 7,817 plus net assets of liquidated subsidiaries 549 = 8,366 deducted from segment profit; (b) other non-cash expenses consist of reversal of allowances for inventory obsolescence, net and inventories written off; (c) investment in subsidiaries 677 and inter-segment receivables 45 = 722 deducted from segment assets; (d) inter-segment payables 45 deducted from segment liabilities.
| Item / unit | 2026Singapore | 2026Taiwan | 2026Adjustments and eliminations | 2026Total Group | Source |
|---|---|---|---|---|---|
| Revenue | |||||
| External customers$'000 | 210 | 21,059 | – | 21,269 | PDF p. 152 |
| Results | |||||
| Interest income$'000 | 275 | 26 | – | 301 | PDF p. 152 |
| Dividend income$'000 | 6,194 | – | (6,194) | – | PDF p. 152 |
| Finance costs$'000 | (75) | (201) | – | (276) | PDF p. 152 |
| Depreciation of property, plant and equipment$'000 | (3) | (872) | – | (875) | PDF p. 152 |
| Depreciation of right-of-use assets$'000 | (78) | (602) | – | (680) | PDF p. 152 |
| Share of results of associated company$'000 | 7,575 | – | – | 7,575 | PDF p. 152 |
| Other non-cash expenses$'000 | 3 | 412 | – | 415 | PDF p. 152 |
| Income tax expense$'000 | (228) | (287) | – | (515) | PDF p. 152 |
| Segment profit$'000 | 10,833 | 46 | (6,201) | 4,678 | PDF p. 152 |
| Assets | |||||
| Investment in associated company$'000 | 41,026 | – | – | 41,026 | PDF p. 152 |
| Additions to property, plant and equipment$'000 | 6 | 1,300 | – | 1,306 | PDF p. 152 |
| Segment assets$'000 | 81,902 | 19,448 | (12,236) | 89,114 | PDF p. 152 |
| Liabilities | |||||
| Segment liabilities$'000 | 22,814 | 5,387 | (5,976) | 22,225 | PDF p. 152 |
| Cash flows from | |||||
| Operating activities$'000 | (3,850) | (512) | – | (4,362) | PDF p. 152 |
| Investing activities$'000 | (8) | (708) | – | (716) | PDF p. 152 |
| Financing activities$'000 | (3,073) | (1,971) | – | (5,044) | PDF p. 152 |
| Total cash flows$'000 | (6,931) | (3,191) | – | (10,122) | PDF p. 152 |
Financial year ended 30 June 2026. Geographical segments based on location of assets; sales to external customers based on location of customers. Revenue and non-current assets information based on geographical location of customers and assets respectively.
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Non-current assets | |||
| Singapore and Malaysia$'000 | 62,210 | 36,799 | PDF p. 154 |
| Taiwan$'000 | 1,467 | 1,585 | PDF p. 154 |
| Total non-current assets (unlabelled total)$'000 | 63,677 | 38,384 | PDF p. 154 |
Total row has no printed label.
Debt
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Bank loans repayable | |||
| Within one year$'000 | 84 | – | PDF p. 147 |
| After one year but within five years$'000 | 15,495 | – | PDF p. 147 |
Bank loans are repayable over a period of 5 years, as follows. Total 15,579 (2025: –).
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Bank borrowings | |||
| Bank loans$'000 | 15,579 | – | PDF p. 147 |
Group's secured bank loans consist mainly of 2 bank loans: (i) repayable monthly with final instalment on maturity in 2031 of $4,394,000, secured by legal mortgage over investment property at 10 Bussorah Street and corporate guarantees by the Company; (ii) final instalment at maturity in 2031 of $11,185,000, secured by legal mortgage over investment property at 21 Tan Quee Lan Street, rental proceeds, fixed deposit of $50,000 and corporate guarantees by the Company.
Bank borrowings are denominated in Singapore dollar. Carrying amounts approximate fair values.
| Item / unit | 2026Group, $'000 | 2025Group, $'000 | 2026Company, $'000 | 2025Company, $'000 | Source |
|---|---|---|---|---|---|
| Current liabilities | |||||
| Lease liabilities (current)$'000 | 687 | 595 | 76 | 81 | PDF p. 93 |
| Bank borrowings (current)$'000 | 84 | – | – | – | PDF p. 93 |
| Non-current liabilities | |||||
| Lease liabilities (non-current)$'000 | 420 | 196 | 154 | 6 | PDF p. 93 |
| Bank borrowings (non-current)$'000 | 15,495 | – | – | – | PDF p. 93 |
Row labels disambiguated by section; printed label is as quoted.
| Item / unit | 2026Group, $'000 | 2025Group, $'000 | 2026Company, $'000 | 2025Company, $'000 | Source |
|---|---|---|---|---|---|
| Lease liabilities movement | |||||
| At beginning of$'000 | 791 | 837 | 87 | 170 | PDF p. 146 |
| Additions$'000 | 1,054 | 1,162 | 224 | 11 | PDF p. 146 |
| Payments$'000 | (659) | (1,264) | (84) | (101) | PDF p. 146 |
| Accretion of interest$'000 | 15 | 31 | 3 | 7 | PDF p. 146 |
| Exchange difference$'000 | (94) | 25 | – | – | PDF p. 146 |
| At end of$'000 | 1,107 | 791 | 230 | 87 | PDF p. 146 |
| Lease liabilities | |||||
| Current$'000 | 687 | 595 | 76 | 81 | PDF p. 146 |
| Non-current$'000 | 420 | 196 | 154 | 6 | PDF p. 146 |
The maturity analysis of lease liabilities is disclosed in Note 28.
| Item / unit | 2026Group, $'000 | 2025Group, $'000 | 2026Company, $'000 | 2025Company, $'000 | Source |
|---|---|---|---|---|---|
| Floating rate instrument / Financial liability | |||||
| - Bank loans$'000 | (15,579) | – | – | – | PDF p. 163 |
Interest rate profile of significant floating interest-bearing financial instruments, based on carrying amounts.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Company’s dividend policy endeavours to balance dividend return to shareholders with the need for long-term sustainable growth whilst aiming for an efficient capital structure. The Company strives to provide shareholders on an annual basis with a consistent and sustainable ordinary dividend, with a variable special dividend based on cash position, working capital, expenditure plans, acquisition opportunities and market environment. | Company | PDF p. 72 |
| Scrip dividend scheme | No shares were issued under the Scheme during the financial year. | Company, FY2026 | PDF p. 82 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| The Company declared an interim dividend of | 1.0 Singapore cent per ordinary share | FY2026 interim dividend, per ordinary share | PDF p. 72 |
| No final dividend was declared this year. | No final dividend was declared this year. | FY2026 final dividend | PDF p. 72 |
| Last year (FY2025), the Company declared only a final dividend of | 0.7 Singapore cent per ordinary share | FY2025 comparative final dividend, per ordinary share; no interim declared in FY2025 | PDF p. 72 |
| Interim exempt (one-tier) dividend for 30 June 2026 | $1.0 cents (30 June 2025: $Nil cents) per share | Group and Company, 2026 vs 2025; amounts $’000: 2,527 (2026), – (2025) | PDF p. 149 |
| Final exempt (one-tier) dividend for 30 June 2025 | $0.7 cents (31 March 2024: $0.7 cents) per share | Group and Company, paid in 2026 vs 2025; amounts $’000: 1,768 (2026), 1,768 (2025) | PDF p. 149 |
| Final exempt (one-tier) dividend for 30 June 2026 | $Nil cents (30 June 2025: $0.7 cents) per share | Group and Company, proposed but not recognised as liability, 2026 vs 2025; amounts $’000: – (2026), 1,768 (2025) | PDF p. 149 |
Extracted from ANNUAL REPORT 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| FORVIS MAZARS LLP | FORVIS MAZARS LLP | Group | PDF p. 89 |
| engagement partner | Wong Zi En | Group | PDF p. 89 |
| Opinion | In our opinion, the financial statements of the Group and the statement of financial position and changes in equity of the Company are properly drawn up in accordance with the provisions of the Companies Act 1967 | Group and Company | PDF p. 85 |
Extracted from 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 ANNUAL REPORT 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Four official annual originals provide five reporting periods FY2022–FY2026. FY2025 covers 15 months from 1 April 2024 to 30 June 2025; FY2026 covers 12 months from 1 July 2025 to 30 June 2026. Earlier periods end on 31 March. Amounts are not annualised or treated as equal-duration growth comparisons.
Primary monetary amounts are Singapore dollars thousands. EPS is Singapore cents per share. Company financial-position and equity statements are printed; separate Company profit, comprehensive-income and cash-flow statements are not supplied. The combined Group profit/CI statement is split for reading with the original net-result row retained as a bridge.
Forvis Mazars LLP issued an unmodified opinion signed 30 September 2026 by engagement partner Wong Zi En. Inventory valuation is a key audit matter, not an audit qualification.
FY2024 net profit 6,589 thousand includes owners 6,587 and NCI 2. FY2022 net profit 6,604 includes owners 6,603 and NCI 1; OCI loss 576 includes owners loss 574 and NCI loss 2. EPS uses owners profit. Historical owners equity and total Group equity are distinct when NCI is present.
FY2025 cash-flow comparative columns in the latest report separately show movement due to directors 283 thousand and trade/other payables 105, whereas the original FY2025 report combines 388. The latest comparative classification is retained with both original sources preserved.
The EPS weighted count is 252,629,000 whole shares (in units), distinct from the later 22 September 2026 share-register count 252,629,483. Current and recent EPS profit inputs are whole Singapore dollars; the FY2023 report uses thousands for its FY2022 comparative profit input. These unit differences are preserved.
Original capital management gearing is net debt divided by capital plus net debt. Net debt includes trade/other payables, amounts due to directors, leases and bank borrowings less total cash and bank balances. Capital is owners equity less legal reserve. FY2026 reported gearing is 0.18; earlier net-cash periods show N.M, defined as not meaningful, rather than zero.
FY2026 total cash and bank balances 8,224 thousand include restricted deposits 385; cash-flow cash equivalents are 7,839. FY2025 total 18,421 less restricted 411 gives 18,010. Borrowings and leases include noncash additions; financing cash flows are not the whole movement in those liabilities.
Investment properties cost 20,170 thousand: 15,600 is financed without a purchase cash outflow and 4,570 is the investment-property cash payment. FY2026 paid dividends comprise interim 2,527 and prior-year final 1,768, totalling 4,295. Current proposed final dividend is Nil. Cash totals under thousand-dollar headers remain distinct from cents-per-share rates embedded in source captions.
The original GTR transaction is an asset acquisition, not a business combination. Adjusted consideration 5,571 thousand plus stamp duty 11 equals the acquisition-table consideration 5,582, funded by bank facility 4,400 and Company funding 1,182. Listed net identifiable assets are 1,175; the source provides no complete bridge from those net assets to consideration. No goodwill or balancing asset is invented.
The Malaysian subsidiaries were deconsolidated on loss of control during FY2025. Historical liquidation cash-inflow row 51 thousand for Alstyle is explicitly expected upon completion, which remains in progress. It is not recorded as received cash. Ossia World of Golf final proceeds 414 were received on 11 June 2025. The 2,612 translation-reserve realisation is an internal equity transfer and does not increase total equity.
The associate schedule reports current assets 189, noncurrent assets 102,432, total assets 102,621 and liabilities 57 thousand, but prints net assets 102,565 rather than the arithmetic 102,564. The original 1 thousand difference is retained. Prior associate profit 23,236 times the disclosed 40% gives 9,294 after rounding, while the reported Group share is 9,295. Unrounded inputs are not disclosed; the printed share remains unchanged.
Current key-management compensation categories sum to 3,695 thousand. The same note attributes 2,190 to directors plus 1,337 to other key management, totalling 3,527, a difference of 168 with no numerical bridge printed. Corporate governance separately gives top five management excluding directors and CEO 1,313; that disclosure has a different stated population and is not assumed equal to the note’s other-key-management amount.
Geographic segments use Singapore and Taiwan for FY2026, and Singapore and Malaysia plus Taiwan for FY2025. Dividend income and intercompany balances are eliminated. Segment net profit, assets, liabilities and actual cash flows reconcile to the audited Group statements. The chairman’s financing-cash-flow narrative is not used to reclassify the audited cash-flow amounts.
No standalone five-year financial-highlights, numeric ROE, EBITDA or NAV-per-share series is printed in the inspected originals. Five reporting periods of primary statements, reported EPS, dividend cash disclosures and original capital/gearing are supplied; additional ratios or return series are not fabricated.
FY2025 original financial-position pages omit year labels above the four money columns. The current/prior ordering is corroborated by the dated statement title and equity schedule, and by complete matching income and balance-sheet amounts against adjacent original annual reports. No missing printed year label is invented.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.