STAMFORD TYRES CORPORATION LIMITED — Annual Report 2026
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| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Earnings per share: | |||
| - basic and diluted (cents)Singapore cents per share | 0.44 | 0.39 | PDF p. 64 |
Original report: PDF p. 64 ↗
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| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Consolidated income statement — FY2026 source | |||
| RevenueSingapore dollars thousands | 181,155 | 187,722 | PDF p. 64 |
| Other revenueSingapore dollars thousands | 5,351 | 5,458 | PDF p. 64 |
| Total revenueSingapore dollars thousands | 186,506 | 193,180 | PDF p. 64 |
| Costs and other material items | |||
| Cost of goods soldSingapore dollars thousands | 137,381 | 141,914 | PDF p. 64 |
| Salaries and employees’ benefitsSingapore dollars thousands | 22,427 | 21,141 | PDF p. 64 |
| Marketing and distributionSingapore dollars thousands | 5,888 | 6,331 | PDF p. 64 |
| Utilities, repairs and maintenanceSingapore dollars thousands | 5,967 | 5,753 | PDF p. 64 |
| Finance costsSingapore dollars thousands | 3,943 | 4,899 | PDF p. 64 |
| Depreciation of property, plant and equipment and right-of-use assetsSingapore dollars thousands | 5,440 | 5,276 | PDF p. 64 |
| Lease expensesSingapore dollars thousands | 1,962 | 2,060 | PDF p. 64 |
| Other operating expensesSingapore dollars thousands | 2,066 | 4,800 | PDF p. 64 |
| SubtotalSingapore dollars thousands | (185,074) | (192,174) | PDF p. 64 |
| Share of results of joint venturesSingapore dollars thousands | 1,029 | 933 | PDF p. 64 |
| Profit before taxationSingapore dollars thousands | 2,461 | 1,939 | PDF p. 64 |
| TaxationSingapore dollars thousands | (1,414) | (1,018) | PDF p. 64 |
| Profit for the financial yearSingapore dollars thousands | 1,047 | 921 | PDF p. 64 |
| Attributable to: Equity holders of the CompanySingapore dollars thousands | 1,047 | 921 | PDF p. 64 Label p. 64 |
Original report: PDF p. 64 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Consolidated comprehensive income — FY2026 source | |||
| Net profit for the financial yearSingapore dollars thousands | 1,047 | 921 | PDF p. 65 |
| Item that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation adjustments arising on consolidationSingapore dollars thousands | 1,074 | 2,433 | PDF p. 65 |
| Other comprehensive income for the year, net of taxSingapore dollars thousands | 1,074 | 2,433 | PDF p. 65 |
| Total comprehensive income for the yearSingapore dollars thousands | 2,121 | 3,354 | PDF p. 65 |
| Total comprehensive income attributable to: | |||
| Equity holders of the CompanySingapore dollars thousands | 2,121 | 3,354 | PDF p. 65 |
Original report: PDF p. 65 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Property, plant and equipmentSingapore dollars thousands | 49,080 | 47,045 | – | – | PDF p. 66 |
| Right-of-use assetsSingapore dollars thousands | 7,450 | 8,334 | – | – | PDF p. 66 |
| Investment in subsidiariesSingapore dollars thousands | – | – | 41,625 | 41,615 | PDF p. 66 |
| Amounts due from subsidiary companiesSingapore dollars thousands | – | – | 15,331 | 13,806 | PDF p. 66 |
| Joint venture companiesSingapore dollars thousands | 9,834 | 11,614 | 1,571 | 1,571 | PDF p. 66 |
| Associated companySingapore dollars thousands | 221 | 221 | – | – | PDF p. 66 |
| Deferred tax assetsSingapore dollars thousands | 2,146 | 2,450 | – | – | PDF p. 66 |
| Total non-current assetsSingapore dollars thousands | 68,731 | 69,664 | 58,527 | 56,992 | PDF p. 66 |
| Current assets | |||||
| InventoriesSingapore dollars thousands | 70,758 | 81,164 | – | – | PDF p. 66 |
| Trade receivablesSingapore dollars thousands | 32,454 | 33,715 | – | – | PDF p. 66 |
| DerivativesSingapore dollars thousands | 4 | 62 | – | – | PDF p. 66 |
| Other receivablesSingapore dollars thousands | 5,675 | 4,974 | 89 | 91 | PDF p. 66 |
| Prepayments and advancesSingapore dollars thousands | 4,375 | 4,817 | 31 | 31 | PDF p. 66 |
| Cash and cash equivalentsSingapore dollars thousands | 30,862 | 27,739 | 792 | 785 | PDF p. 66 |
| Total current assetsSingapore dollars thousands | 144,128 | 152,471 | 912 | 907 | PDF p. 66 |
| Current liabilities | |||||
| Trade payablesSingapore dollars thousands | 14,925 | 14,683 | – | – | PDF p. 66 |
| Trust receipts (secured)Singapore dollars thousands | 40,013 | 41,727 | – | – | PDF p. 66 |
| DerivativesSingapore dollars thousands | 148 | 53 | 14 | – | PDF p. 66 |
| Other payablesSingapore dollars thousands | 11,692 | 12,920 | 297 | 578 | PDF p. 66 |
| Loans (secured)Singapore dollars thousands | 10,465 | 10,250 | – | 108 | PDF p. 66 |
| Hire-purchase liabilitiesSingapore dollars thousands | 159 | 184 | – | – | PDF p. 66 |
| ProvisionsSingapore dollars thousands | 335 | 317 | – | – | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 2,099 | 1,793 | – | – | PDF p. 66 |
| Provision for taxationSingapore dollars thousands | 1,251 | 1,344 | 19 | 64 | PDF p. 66 |
| Total current liabilitiesSingapore dollars thousands | 81,087 | 83,271 | 330 | 750 | PDF p. 66 |
| Net current assetsSingapore dollars thousands | 63,041 | 69,200 | 582 | 157 | PDF p. 66 |
| Non-current liabilities | |||||
| Amounts due to subsidiary companiesSingapore dollars thousands | – | – | 13,786 | 13,611 | PDF p. 66 |
| Hire-purchase liabilitiesSingapore dollars thousands | 290 | 399 | – | – | PDF p. 66 |
| ProvisionsSingapore dollars thousands | 853 | 853 | – | – | PDF p. 66 |
| Long-term loans (secured)Singapore dollars thousands | 13,781 | 19,202 | – | – | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 6,104 | 7,232 | – | – | PDF p. 66 |
| Deferred tax liabilitiesSingapore dollars thousands | 428 | 609 | 100 | 100 | PDF p. 66 |
| Total non-current liabilitiesSingapore dollars thousands | 21,456 | 28,295 | 13,886 | 13,711 | PDF p. 66 |
| Net assetsSingapore dollars thousands | 110,316 | 110,569 | 45,223 | 43,438 | PDF p. 66 |
| Equity | |||||
| Share capitalSingapore dollars thousands | 36,244 | 36,244 | 36,244 | 36,244 | PDF p. 66 |
| ReservesSingapore dollars thousands | 74,072 | 74,325 | 8,979 | 7,194 | PDF p. 66 |
| Total equitySingapore dollars thousands | 110,316 | 110,569 | 45,223 | 43,438 | PDF p. 66 |
Original report: PDF p. 66 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Profit before taxationSingapore dollars thousands | 2,461 | 1,939 | PDF p. 69 |
| Adjustments for: | |||
| Depreciation of property, plant and equipmentSingapore dollars thousands | 5,224 | 5,004 | PDF p. 69 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 2,082 | 2,039 | PDF p. 69 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (209) | (706) | PDF p. 69 |
| Property, plant and equipment written offSingapore dollars thousands | 20 | 311 | PDF p. 69 |
| Fair value loss/(gain) on derivativesSingapore dollars thousands | 153 | (185) | PDF p. 69 |
| Bad debts recoveredSingapore dollars thousands | (111) | (111) | PDF p. 69 |
| Unrealised foreign exchange adjustmentSingapore dollars thousands | 408 | 1,706 | PDF p. 69 |
| Interest incomeSingapore dollars thousands | (411) | (533) | PDF p. 69 |
| Provision for product warrantiesSingapore dollars thousands | 226 | 110 | PDF p. 69 |
| Interest expenseSingapore dollars thousands | 3,943 | 4,899 | PDF p. 69 |
| Share of results of joint venturesSingapore dollars thousands | (1,029) | (933) | PDF p. 69 |
| Operating cash flows before changes in working capitalSingapore dollars thousands | 12,757 | 13,540 | PDF p. 69 |
| Decrease/(increase) in inventoriesSingapore dollars thousands | 10,406 | (12,623) | PDF p. 69 |
| Decrease/(increase) in receivablesSingapore dollars thousands | 1,113 | (2,891) | PDF p. 69 |
| (Decrease)/increase in payablesSingapore dollars thousands | (1,005) | 1,731 | PDF p. 69 |
| Cash flows generated from/(used in) operationsSingapore dollars thousands | 23,271 | (243) | PDF p. 69 |
| Interest receivedSingapore dollars thousands | 411 | 533 | PDF p. 69 |
| Interest paidSingapore dollars thousands | (3,943) | (4,899) | PDF p. 69 |
| Income tax paidSingapore dollars thousands | (1,384) | (1,926) | PDF p. 69 |
| Net cash flows generated from/(used in) operating activitiesSingapore dollars thousands | 18,355 | (6,535) | PDF p. 69 |
| Cash flows from investing activities: | |||
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 275 | 782 | PDF p. 69 |
| Dividend received from joint venture companySingapore dollars thousands | 2,460 | 1,872 | PDF p. 69 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (6,704) | (5,219) | PDF p. 69 |
| Net cash flows used in investing activitiesSingapore dollars thousands | (3,969) | (2,565) | PDF p. 69 |
| Cash flows from financing activities: | |||
| Proceeds from long-term loansSingapore dollars thousands | 4,800 | 6,000 | PDF p. 69 |
| (Repayment of)/proceeds from trust receipts, netSingapore dollars thousands | (1,570) | 8,364 | PDF p. 69 |
| (Repayment of)/proceeds from short-term loans, netSingapore dollars thousands | (683) | 989 | PDF p. 69 |
| Repayment of hire purchase creditors, netSingapore dollars thousands | (198) | (217) | PDF p. 69 |
| Dividend paid to shareholdersSingapore dollars thousands | (2,374) | (4,748) | PDF p. 69 |
| Repayment of long-term loansSingapore dollars thousands | (9,597) | (4,447) | PDF p. 69 |
| Payment of principal portion of lease liabilitiesSingapore dollars thousands | (2,200) | (2,157) | PDF p. 69 |
| Net cash flows (used in)/from financing activitiesSingapore dollars thousands | (11,822) | 3,784 | PDF p. 69 |
| Net increase/(decrease) in cash and cash equivalentsSingapore dollars thousands | 2,564 | (5,316) | PDF p. 69 |
| Cash and cash equivalents at beginning of financial yearSingapore dollars thousands | 27,739 | 32,544 | PDF p. 69 |
| Effects of exchange rate changes on cash and cash equivalents at beginning of financial yearSingapore dollars thousands | 559 | 511 | PDF p. 69 Label p. 69 |
| Cash and cash equivalents at end of financial yearSingapore dollars thousands | 30,862 | 27,739 | PDF p. 69 |
Original report: PDF p. 69 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Group — Equity total | 2025Group — Share capital | 2025Group — Revenue reserve | 2025Group — Other reserves total | 2025Group — Capital reserve | 2025Group — Foreign currency translation reserve | 2025Group — Discount on acquisition of non-controlling interest | Source |
|---|---|---|---|---|---|---|---|---|
| Group | ||||||||
| Balance at 1 May 2024Singapore dollars thousands | 111,963 | 36,244 | 101,910 | (26,191) | 675 | (27,068) | 202 | PDF p. 67 |
| Profit for the financial yearSingapore dollars thousands | 921 | – | 921 | – | – | – | – | PDF p. 67 |
| Other comprehensive income for the financial yearSingapore dollars thousands | 2,433 | – | – | 2,433 | – | 2,433 | – | PDF p. 67 Label p. 67 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 3,354 | – | 921 | 2,433 | – | 2,433 | – | PDF p. 67 Label p. 67 |
| Contributions by and distributions to owners Dividend on ordinary sharesSingapore dollars thousands | (4,748) | – | (4,748) | – | – | – | – | PDF p. 67 Label p. 67 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (4,748) | – | (4,748) | – | – | – | – | PDF p. 67 Label p. 67 |
| Balance at 30 April 2025 and 1 May 2025Singapore dollars thousands | 110,569 | 36,244 | 98,083 | (23,758) | 675 | (24,635) | 202 | PDF p. 67 Label p. 67 |
Original report: PDF p. 67 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group — Equity total | 2026Group — Share capital | 2026Group — Revenue reserve | 2026Group — Other reserves total | 2026Group — Capital reserve | 2026Group — Foreign currency translation reserve | 2026Group — Discount on acquisition of non-controlling interest | Source |
|---|---|---|---|---|---|---|---|---|
| Original shared prior closing / current opening balance | ||||||||
| Balance at 30 April 2025 and 1 May 2025Singapore dollars thousands | 110,569 | 36,244 | 98,083 | (23,758) | 675 | (24,635) | 202 | PDF p. 67 Label p. 67 |
| Group | ||||||||
| Profit for the financial yearSingapore dollars thousands | 1,047 | – | 1,047 | – | – | – | – | PDF p. 67 |
| Other comprehensive income for the financial yearSingapore dollars thousands | 1,074 | – | – | 1,074 | – | 1,074 | – | PDF p. 67 Label p. 67 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 2,121 | – | 1,047 | 1,074 | – | 1,074 | – | PDF p. 67 Label p. 67 |
| Contributions by and distributions to owners Dividend on ordinary sharesSingapore dollars thousands | (2,374) | – | (2,374) | – | – | – | – | PDF p. 67 Label p. 67 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (2,374) | – | (2,374) | – | – | – | – | PDF p. 67 Label p. 67 |
| Balance at 30 April 2026Singapore dollars thousands | 110,316 | 36,244 | 96,756 | (22,684) | 675 | (23,561) | 202 | PDF p. 67 |
Original report: PDF p. 67 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025Company — Equity total | 2025Company — Share capital | 2025Company — Revenue reserve | Source |
|---|---|---|---|---|
| Company | ||||
| Balance at 1 May 2024Singapore dollars thousands | 44,290 | 36,244 | 8,046 | PDF p. 68 |
| Profit for the financial yearSingapore dollars thousands | 3,896 | – | 3,896 | PDF p. 68 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 3,896 | – | 3,896 | PDF p. 68 |
| Contributions by and distributions to owners | ||||
| Dividend on ordinary sharesSingapore dollars thousands | (4,748) | – | (4,748) | PDF p. 68 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (4,748) | – | (4,748) | PDF p. 68 |
| Balance at 30 April 2025 and 1 May 2025Singapore dollars thousands | 43,438 | 36,244 | 7,194 | PDF p. 68 |
Original report: PDF p. 68 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Company — Equity total | 2026Company — Share capital | 2026Company — Revenue reserve | Source |
|---|---|---|---|---|
| Original shared prior closing / current opening balance | ||||
| Balance at 30 April 2025 and 1 May 2025Singapore dollars thousands | 43,438 | 36,244 | 7,194 | PDF p. 68 |
| Contributions by and distributions to owners | ||||
| Profit for the financial yearSingapore dollars thousands | 4,159 | – | 4,159 | PDF p. 68 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 4,159 | – | 4,159 | PDF p. 68 |
| Dividend on ordinary sharesSingapore dollars thousands | (2,374) | – | (2,374) | PDF p. 68 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (2,374) | – | (2,374) | PDF p. 68 |
| Balance at 30 April 2026Singapore dollars thousands | 45,223 | 36,244 | 8,979 | PDF p. 68 |
Original report: PDF p. 68 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2023Group | 2024Group | 2025Group | 2026Group | Source |
|---|---|---|---|---|---|---|
| Original five-year chart | ||||||
| GROUP TURNOVERSingapore dollars thousands | 190,328 | 188,349 | 184,808 | 187,722 | 181,155 | PDF p. 21 |
| PROFIT AFTER TAXSingapore dollars thousands | 3,886 | 4,151 | 6,007 | 921 | 1,047 | PDF p. 21 |
| TOTAL ASSETSSingapore dollars thousands | 258,185 | 232,612 | 210,635 | 222,135 | 212,859 | PDF p. 21 |
| RETURN ON SHAREHOLDERS EQUITY% | 3.33 | 3.62 | 5.34 | 0.83 | 0.95 | PDF p. 21 |
Original report: PDF p. 21 ↗
Printed chart data labels are assigned by x-position to the original2022–2026 year axis, not PDF text reading order. Turnover excludes Other revenue; the primary income statement separately prints revenue and total revenue. No separate definition is printed for return on shareholders equity.
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| Metric / unit | 2026Group and Company | 2025Group and Company | Source |
|---|---|---|---|
| Dividends paid | |||
| Final exempt (one-tier) dividend of 1.0 (2025: 1.5) cent, per share in respect ofSingapore dollars thousands | 2,374 | 3,561 | PDF p. 112 |
| Special exempt (one-tier) dividend of Nil (2025: 0.5) cent, per share in respect ofSingapore dollars thousands | – | 1,187 | PDF p. 112 |
| Dividend declared and paid during the yearSingapore dollars thousands | 2,374 | 4,748 | PDF p. 112 |
Original report: PDF p. 112 ↗
Current paid final1cent and specialNil relate to the previous financial year; comparative final1.5cents plus special0.5cent. Proposed current/comparative final1cent approximatelyS$2,374,000 has not been recognised as a liability and will be recorded on shareholder approval.
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| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Earnings per share: | |||
| - basic and diluted (cents)Singapore cents per share | 2.53 | 1.75 | PDF p. 64 |
Original report: PDF p. 64 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Consolidated income statement — FY2024 source | |||
| RevenueSingapore dollars thousands | 184,808 | 188,349 | PDF p. 64 |
| Other revenueSingapore dollars thousands | 5,461 | 5,511 | PDF p. 64 |
| Total revenueSingapore dollars thousands | 190,269 | 193,860 | PDF p. 64 |
| Costs and other material items | |||
| Cost of goods soldSingapore dollars thousands | 136,119 | 137,996 | PDF p. 64 |
| Salaries and employees’ benefitsSingapore dollars thousands | 22,204 | 21,928 | PDF p. 64 |
| Marketing and distributionSingapore dollars thousands | 6,516 | 6,402 | PDF p. 64 |
| Utilities, repairs and maintenanceSingapore dollars thousands | 5,865 | 5,695 | PDF p. 64 |
| Finance costsSingapore dollars thousands | 4,827 | 4,571 | PDF p. 64 |
| Depreciation of property, plant and equipment and right-of-use assetsSingapore dollars thousands | 4,881 | 5,396 | PDF p. 64 |
| Lease expensesSingapore dollars thousands | 1,942 | 1,431 | PDF p. 64 |
| Other operating expensesSingapore dollars thousands | 2,866 | 6,072 | PDF p. 64 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (1,945) | (120) | PDF p. 64 |
| SubtotalSingapore dollars thousands | (183,275) | (189,371) | PDF p. 64 |
| Share of results of joint venturesSingapore dollars thousands | 831 | 1,409 | PDF p. 64 |
| Profit before taxationSingapore dollars thousands | 7,825 | 5,898 | PDF p. 64 |
| TaxationSingapore dollars thousands | (1,818) | (1,747) | PDF p. 64 |
| Profit for the financial yearSingapore dollars thousands | 6,007 | 4,151 | PDF p. 64 |
| Attributable to: Equity holders of the CompanySingapore dollars thousands | 6,007 | 4,151 | PDF p. 64 Label p. 64 |
Original report: PDF p. 64 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Consolidated comprehensive income — FY2024 source | |||
| Net profit for the financial yearSingapore dollars thousands | 6,007 | 4,151 | PDF p. 65 |
| Item that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation adjustments arising on consolidationSingapore dollars thousands | (3,320) | (4,100) | PDF p. 65 |
| Other comprehensive income for the year, net of taxSingapore dollars thousands | (3,320) | (4,100) | PDF p. 65 |
| Total comprehensive income for the yearSingapore dollars thousands | 2,687 | 51 | PDF p. 65 |
| Total comprehensive income attributable to: | |||
| Equity holders of the CompanySingapore dollars thousands | 2,687 | 51 | PDF p. 65 |
Original report: PDF p. 65 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | 2024Company | 2023Company | Source |
|---|---|---|---|---|---|
| Non-current assets | |||||
| Property, plant and equipmentSingapore dollars thousands | 45,888 | 51,782 | – | – | PDF p. 66 |
| Right-of-use assetsSingapore dollars thousands | 7,102 | 8,929 | – | – | PDF p. 66 |
| Investment in subsidiariesSingapore dollars thousands | – | – | 41,615 | 41,615 | PDF p. 66 |
| Amounts due from subsidiary companiesSingapore dollars thousands | – | – | 12,807 | 13,806 | PDF p. 66 |
| Joint venture companiesSingapore dollars thousands | 13,071 | 14,106 | 1,571 | 1,571 | PDF p. 66 |
| Associated companySingapore dollars thousands | 208 | 221 | – | – | PDF p. 66 |
| Deferred tax assetsSingapore dollars thousands | 2,761 | 3,303 | – | – | PDF p. 66 |
| SubtotalSingapore dollars thousands | 69,030 | 78,341 | 55,993 | 56,992 | PDF p. 66 |
| Current assets | |||||
| InventoriesSingapore dollars thousands | 68,541 | 85,277 | – | – | PDF p. 66 |
| Trade receivablesSingapore dollars thousands | 30,397 | 30,885 | – | – | PDF p. 66 |
| DerivativesSingapore dollars thousands | 16 | 201 | – | 49 | PDF p. 66 |
| Other receivablesSingapore dollars thousands | 3,585 | 3,648 | 96 | 93 | PDF p. 66 |
| Prepayments and advancesSingapore dollars thousands | 6,522 | 3,966 | 28 | 23 | PDF p. 66 |
| Amounts due from subsidiary companiesSingapore dollars thousands | – | – | 1,000 | 2,005 | PDF p. 66 |
| Cash and cash equivalentsSingapore dollars thousands | 32,544 | 30,294 | 1,738 | 1,212 | PDF p. 66 |
| SubtotalSingapore dollars thousands | 141,605 | 154,271 | 2,862 | 3,382 | PDF p. 66 |
| Current liabilities | |||||
| Trade payablesSingapore dollars thousands | 11,990 | 11,971 | – | – | PDF p. 66 |
| Trust receipts (secured)Singapore dollars thousands | 33,500 | 38,160 | – | – | PDF p. 66 |
| DerivativesSingapore dollars thousands | 192 | 32 | – | – | PDF p. 66 |
| Other payablesSingapore dollars thousands | 13,997 | 15,878 | 582 | 503 | PDF p. 66 |
| Loans (secured)Singapore dollars thousands | 17,629 | 25,346 | 1,286 | 1,260 | PDF p. 66 |
| Hire-purchase liabilitiesSingapore dollars thousands | 151 | 137 | – | – | PDF p. 66 |
| ProvisionsSingapore dollars thousands | 306 | 621 | – | – | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 1,151 | 1,535 | – | – | PDF p. 66 |
| Provision for taxationSingapore dollars thousands | 1,507 | 1,979 | 44 | 71 | PDF p. 66 |
| SubtotalSingapore dollars thousands | 80,423 | 95,659 | 1,912 | 1,834 | PDF p. 66 |
| Net current assetsSingapore dollars thousands | 61,182 | 58,612 | 950 | 1,548 | PDF p. 66 |
| Non-current liabilities | |||||
| Amounts due to subsidiary companiesSingapore dollars thousands | – | – | 12,438 | 13,202 | PDF p. 66 |
| Hire-purchase liabilitiesSingapore dollars thousands | 199 | 204 | – | – | PDF p. 66 |
| ProvisionsSingapore dollars thousands | 853 | 865 | – | – | PDF p. 66 |
| Long-term loans (secured)Singapore dollars thousands | 8,957 | 13,290 | 107 | 1,394 | PDF p. 66 |
| Lease liabilitiesSingapore dollars thousands | 6,575 | 7,954 | – | – | PDF p. 66 |
| Deferred tax liabilitiesSingapore dollars thousands | 1,665 | 1,803 | 108 | 108 | PDF p. 66 |
| SubtotalSingapore dollars thousands | 18,249 | 24,116 | 12,653 | 14,704 | PDF p. 66 |
| SubtotalSingapore dollars thousands | 111,963 | 112,837 | 44,290 | 43,836 | PDF p. 66 |
| Equity | |||||
| Share capitalSingapore dollars thousands | 36,244 | 36,244 | 36,244 | 36,244 | PDF p. 66 |
| ReservesSingapore dollars thousands | 75,719 | 76,593 | 8,046 | 7,592 | PDF p. 66 |
| SubtotalSingapore dollars thousands | 111,963 | 112,837 | 44,290 | 43,836 | PDF p. 66 |
Original report: PDF p. 66 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group | 2023Group | Source |
|---|---|---|---|
| Cash flows from operating activities: | |||
| Profit before taxationSingapore dollars thousands | 7,825 | 5,898 | PDF p. 69 |
| Adjustments for: | |||
| Depreciation of property, plant and equipmentSingapore dollars thousands | 4,854 | 5,215 | PDF p. 69 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 1,819 | 2,153 | PDF p. 69 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (1,945) | (120) | PDF p. 69 |
| Property, plant and equipment written offSingapore dollars thousands | 2 | 4 | PDF p. 69 |
| Fair value loss/(gain) on derivativesSingapore dollars thousands | 345 | (465) | PDF p. 69 |
| Bad debts written off/(recovered)Singapore dollars thousands | 1 | (11) | PDF p. 69 |
| Unrealised foreign exchange adjustmentSingapore dollars thousands | (2,890) | (2,654) | PDF p. 69 |
| Interest incomeSingapore dollars thousands | (528) | (332) | PDF p. 69 |
| (Write-back of)/provision for product warrantiesSingapore dollars thousands | (77) | 387 | PDF p. 69 |
| Interest expenseSingapore dollars thousands | 4,827 | 4,571 | PDF p. 69 |
| Share of results of joint venturesSingapore dollars thousands | (831) | (1,409) | PDF p. 69 |
| Operating cash flows before changes in working capitalSingapore dollars thousands | 13,402 | 13,237 | PDF p. 69 |
| Decrease in inventoriesSingapore dollars thousands | 16,736 | 9,502 | PDF p. 69 |
| (Increase)/decrease in receivablesSingapore dollars thousands | (2,006) | 5,082 | PDF p. 69 |
| Decrease in payablesSingapore dollars thousands | (2,076) | (2,597) | PDF p. 69 |
| Cash flows generated from operationsSingapore dollars thousands | 26,056 | 25,224 | PDF p. 69 |
| Interest receivedSingapore dollars thousands | 528 | 332 | PDF p. 69 |
| Interest paidSingapore dollars thousands | (4,827) | (4,571) | PDF p. 69 |
| Income tax paidSingapore dollars thousands | (1,886) | (2,475) | PDF p. 69 |
| Net cash flows generated from operating activitiesSingapore dollars thousands | 19,871 | 18,510 | PDF p. 69 |
| Cash flows from investing activities: | |||
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 4,020 | 144 | PDF p. 69 |
| Dividend received from joint venture companySingapore dollars thousands | 1,894 | 2,444 | PDF p. 69 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (2,016) | (1,626) | PDF p. 69 |
| Net cash flows from investing activitiesSingapore dollars thousands | 3,898 | 962 | PDF p. 69 |
| Cash flows from financing activities: | |||
| Repayment of trust receipts, netSingapore dollars thousands | (3,009) | (11,982) | PDF p. 69 |
| (Repayment of)/proceeds from short-term loans, netSingapore dollars thousands | (5,045) | 1,096 | PDF p. 69 |
| Repayment of hire purchase creditors, netSingapore dollars thousands | (146) | (132) | PDF p. 69 |
| Dividend paid to shareholdersSingapore dollars thousands | (3,561) | (3,561) | PDF p. 69 |
| Repayment of long-term loansSingapore dollars thousands | (6,669) | (6,659) | PDF p. 69 |
| Principal element of lease paymentsSingapore dollars thousands | (2,190) | (1,973) | PDF p. 69 |
| Net cash flows used in financing activitiesSingapore dollars thousands | (20,620) | (23,211) | PDF p. 69 |
| Net increase/(decrease) in cash and cash equivalentsSingapore dollars thousands | 3,149 | (3,739) | PDF p. 69 |
| Cash and cash equivalents at beginning of financial yearSingapore dollars thousands | 30,294 | 35,836 | PDF p. 69 |
| Effects of exchange rate changes on cash and cash equivalents at beginning of financial yearSingapore dollars thousands | (899) | (1,803) | PDF p. 69 Label p. 69 |
| Cash and cash equivalents at end of financial yearSingapore dollars thousands | 32,544 | 30,294 | PDF p. 69 |
Original report: PDF p. 69 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Group — Equity total | 2023Group — Equity attributable to owners total | 2023Group — Share capital | 2023Group — Revenue reserve | 2023Group — Other reserves total | 2023Group — Capital reserve | 2023Group — Foreign currency translation reserve | 2023Group — Discount on acquisition of non-controlling interest | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group | |||||||||
| Balance at 1 May 2022Singapore dollars thousands | 116,347 | 116,347 | 36,244 | 98,874 | (18,771) | 675 | (19,648) | 202 | PDF p. 67 |
| Profit for the financial yearSingapore dollars thousands | 4,151 | 4,151 | – | 4,151 | – | – | – | – | PDF p. 67 |
| Other comprehensive income for the financial yearSingapore dollars thousands | (4,100) | (4,100) | – | – | (4,100) | – | (4,100) | – | PDF p. 67 Label p. 67 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 51 | 51 | – | 4,151 | (4,100) | – | (4,100) | – | PDF p. 67 Label p. 67 |
| Contributions by and distributions to owners Dividend on ordinary sharesSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | – | – | – | – | PDF p. 67 Label p. 67 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | – | – | – | – | PDF p. 67 Label p. 67 |
| Balance at 30 April 2023 and 1 May 2023Singapore dollars thousands | 112,837 | 112,837 | 36,244 | 99,464 | (22,871) | 675 | (23,748) | 202 | PDF p. 67 Label p. 67 |
Original report: PDF p. 67 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Group — Equity total | 2024Group — Equity attributable to owners total | 2024Group — Share capital | 2024Group — Revenue reserve | 2024Group — Other reserves total | 2024Group — Capital reserve | 2024Group — Foreign currency translation reserve | 2024Group — Discount on acquisition of non-controlling interest | Source |
|---|---|---|---|---|---|---|---|---|---|
| Original shared prior closing / current opening balance | |||||||||
| Balance at 30 April 2023 and 1 May 2023Singapore dollars thousands | 112,837 | 112,837 | 36,244 | 99,464 | (22,871) | 675 | (23,748) | 202 | PDF p. 67 Label p. 67 |
| Group | |||||||||
| Profit for the financial yearSingapore dollars thousands | 6,007 | 6,007 | – | 6,007 | – | – | – | – | PDF p. 67 |
| Other comprehensive income for the financial yearSingapore dollars thousands | (3,320) | (3,320) | – | – | (3,320) | – | (3,320) | – | PDF p. 67 Label p. 67 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 2,687 | 2,687 | – | 6,007 | (3,320) | – | (3,320) | – | PDF p. 67 Label p. 67 |
| Contributions by and distributions to owners Dividend on ordinary sharesSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | – | – | – | – | PDF p. 67 Label p. 67 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | – | – | – | – | PDF p. 67 Label p. 67 |
| Balance at 30 April 2024Singapore dollars thousands | 111,963 | 111,963 | 36,244 | 101,910 | (26,191) | 675 | (27,068) | 202 | PDF p. 67 |
Original report: PDF p. 67 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2023Company — Equity total | 2023Company — Equity attributable to owners total | 2023Company — Share capital | 2023Company — Revenue reserve | Source |
|---|---|---|---|---|---|
| Company | |||||
| Balance at 1 April 2022Singapore dollars thousands | 41,729 | 41,729 | 36,244 | 5,485 | PDF p. 68 |
| Profit for the financial yearSingapore dollars thousands | 5,668 | 5,668 | – | 5,668 | PDF p. 68 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 5,668 | 5,668 | – | 5,668 | PDF p. 68 |
| Contributions by and distributions to owners | |||||
| Dividend on ordinary sharesSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | PDF p. 68 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | PDF p. 68 |
| Balance at 30 April 2023 and 1 May 2023Singapore dollars thousands | 43,836 | 43,836 | 36,244 | 7,592 | PDF p. 68 |
Original report: PDF p. 68 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
The original Company opening-date label is1April, whereas the report covers a financial year ending30April. This source date wording is preserved; no replacement date is inferred.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2024Company — Equity total | 2024Company — Equity attributable to owners total | 2024Company — Share capital | 2024Company — Revenue reserve | Source |
|---|---|---|---|---|---|
| Original shared prior closing / current opening balance | |||||
| Balance at 30 April 2023 and 1 May 2023Singapore dollars thousands | 43,836 | 43,836 | 36,244 | 7,592 | PDF p. 68 |
| Contributions by and distributions to owners | |||||
| Profit for the financial yearSingapore dollars thousands | 4,015 | 4,015 | – | 4,015 | PDF p. 68 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 4,015 | 4,015 | – | 4,015 | PDF p. 68 |
| Dividend on ordinary sharesSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | PDF p. 68 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (3,561) | (3,561) | – | (3,561) | PDF p. 68 |
| Balance at 30 April 2024Singapore dollars thousands | 44,290 | 44,290 | 36,244 | 8,046 | PDF p. 68 |
Original report: PDF p. 68 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Earnings per share: | |||
| - basic and diluted (cent)Singapore cents per share | 1.64 | 1.05 | PDF p. 62 |
Original report: PDF p. 62 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Consolidated income statement — FY2022 source | |||
| RevenueSingapore dollars thousands | 190,328 | 189,620 | PDF p. 62 |
| Other revenueSingapore dollars thousands | 4,598 | 4,583 | PDF p. 62 |
| Total revenueSingapore dollars thousands | 194,926 | 194,203 | PDF p. 62 |
| Less: Costs and expenditure | |||
| Cost of goods soldSingapore dollars thousands | 138,254 | 142,389 | PDF p. 62 |
| Salaries and employees’ benefitsSingapore dollars thousands | 21,994 | 18,087 | PDF p. 62 |
| Marketing and distributionSingapore dollars thousands | 5,223 | 4,984 | PDF p. 62 |
| Utilities, repairs and maintenanceSingapore dollars thousands | 5,626 | 4,968 | PDF p. 62 |
| Finance costsSingapore dollars thousands | 3,449 | 3,813 | PDF p. 62 |
| Depreciation of property, plant and equipment and right-of-use assetsSingapore dollars thousands | 6,269 | 6,679 | PDF p. 62 |
| Lease expensesSingapore dollars thousands | 1,297 | 1,119 | PDF p. 62 |
| Impairment loss on financial assetsSingapore dollars thousands | 2,050 | 4,148 | PDF p. 62 |
| Other operating expensesSingapore dollars thousands | 5,675 | 4,656 | PDF p. 62 |
| Total expenditureSingapore dollars thousands | (189,837) | (190,843) | PDF p. 62 |
| Share of results of joint venturesSingapore dollars thousands | 2,042 | 1,125 | PDF p. 62 |
| Profit before taxationSingapore dollars thousands | 7,131 | 4,485 | PDF p. 62 |
| TaxationSingapore dollars thousands | (3,245) | (2,001) | PDF p. 62 |
| Profit for the financial yearSingapore dollars thousands | 3,886 | 2,484 | PDF p. 62 |
| Attributable to: Equity holders of the CompanySingapore dollars thousands | 3,886 | 2,484 | PDF p. 62 Label p. 62 |
Original report: PDF p. 62 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Consolidated comprehensive income — FY2022 source | |||
| Net profit for the financial yearSingapore dollars thousands | 3,886 | 2,484 | PDF p. 63 |
| Item that may be reclassified subsequently to profit or loss | |||
| Foreign currency translation adjustments arising on consolidationSingapore dollars thousands | (1,506) | (1,423) | PDF p. 63 |
| Other comprehensive income for the year, net of taxSingapore dollars thousands | (1,506) | (1,423) | PDF p. 63 |
| Total comprehensive income for the yearSingapore dollars thousands | 2,380 | 1,061 | PDF p. 63 |
| Total comprehensive income attributable to: | |||
| Equity holders of the CompanySingapore dollars thousands | 2,380 | 1,061 | PDF p. 63 |
Original report: PDF p. 63 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | 2022Company | 2021Company | Source |
|---|---|---|---|---|---|
| Group / Company balance sheets — FY2022 source | |||||
| Property, plant and equipmentSingapore dollars thousands | 56,417 | 55,547 | – | – | PDF p. 64 |
| Right-of-use assetsSingapore dollars thousands | 8,720 | 9,410 | – | – | PDF p. 64 |
| Investment in subsidiariesSingapore dollars thousands | – | – | 41,615 | 41,800 | PDF p. 64 |
| Amounts due from subsidiary companiesSingapore dollars thousands | – | – | 14,072 | 13,810 | PDF p. 64 |
| Joint venture companiesSingapore dollars thousands | 15,771 | 14,910 | 1,571 | 1,571 | PDF p. 64 |
| Associated companySingapore dollars thousands | 228 | 241 | – | – | PDF p. 64 |
| Deferred tax assetsSingapore dollars thousands | 2,861 | 3,254 | – | – | PDF p. 64 |
| SubtotalSingapore dollars thousands | 83,997 | 83,362 | 57,258 | 57,181 | PDF p. 64 |
| Current assets | |||||
| InventoriesSingapore dollars thousands | 94,779 | 81,344 | – | – | PDF p. 64 |
| Trade receivablesSingapore dollars thousands | 36,203 | 42,693 | – | – | PDF p. 64 |
| DerivativesSingapore dollars thousands | 3 | – | – | – | PDF p. 64 |
| Other receivablesSingapore dollars thousands | 3,483 | 3,262 | 95 | 91 | PDF p. 64 |
| Prepayments and advancesSingapore dollars thousands | 3,884 | 2,634 | 26 | 26 | PDF p. 64 |
| Cash and cash equivalentsSingapore dollars thousands | 35,836 | 41,834 | 238 | 1,256 | PDF p. 64 |
| SubtotalSingapore dollars thousands | 174,188 | 171,767 | 359 | 1,373 | PDF p. 64 |
| Less: Current liabilities Trade payablesSingapore dollars thousands | 12,118 | 16,075 | – | – | PDF p. 64 Label p. 64 |
| Trust receipts (secured)Singapore dollars thousands | 51,905 | 42,969 | – | – | PDF p. 64 |
| DerivativesSingapore dollars thousands | 299 | 288 | 10 | 33 | PDF p. 64 |
| Other payablesSingapore dollars thousands | 18,185 | 16,194 | 687 | 315 | PDF p. 64 |
| Loans (secured)Singapore dollars thousands | 28,947 | 21,603 | 1,236 | 945 | PDF p. 64 |
| Hire-purchase liabilitiesSingapore dollars thousands | 89 | 95 | – | – | PDF p. 64 |
| ProvisionsSingapore dollars thousands | 378 | 395 | – | – | PDF p. 64 |
| Lease liabilitiesSingapore dollars thousands | 1,431 | 1,817 | – | – | PDF p. 64 |
| Provision for taxationSingapore dollars thousands | 2,105 | 2,251 | 79 | 77 | PDF p. 64 |
| SubtotalSingapore dollars thousands | 115,457 | 101,687 | 2,012 | 1,370 | PDF p. 64 |
| Net current assets/(liabilities)Singapore dollars thousands | 58,731 | 70,080 | (1,653) | 3 | PDF p. 64 |
| Non-current liabilities | |||||
| Amounts due to subsidiary companiesSingapore dollars thousands | – | – | 11,115 | 11,675 | PDF p. 64 |
| Hire-purchase liabilitiesSingapore dollars thousands | 233 | 130 | – | – | PDF p. 64 |
| ProvisionsSingapore dollars thousands | 865 | 865 | – | – | PDF p. 64 |
| Long-term loans (secured)Singapore dollars thousands | 15,640 | 26,114 | 2,653 | 4,055 | PDF p. 64 |
| Lease liabilitiesSingapore dollars thousands | 7,680 | 7,871 | – | – | PDF p. 64 |
| Deferred tax liabilitiesSingapore dollars thousands | 1,963 | 1,528 | 108 | 108 | PDF p. 64 |
| SubtotalSingapore dollars thousands | 26,381 | 36,508 | 13,876 | 15,838 | PDF p. 64 |
| SubtotalSingapore dollars thousands | 116,347 | 116,934 | 41,729 | 41,346 | PDF p. 64 |
| Equity | |||||
| Share capitalSingapore dollars thousands | 36,244 | 36,244 | 36,244 | 36,244 | PDF p. 64 |
| ReservesSingapore dollars thousands | 80,103 | 80,690 | 5,485 | 5,102 | PDF p. 64 |
| SubtotalSingapore dollars thousands | 116,347 | 116,934 | 41,729 | 41,346 | PDF p. 64 |
Original report: PDF p. 64 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group | 2021Group | Source |
|---|---|---|---|
| Consolidated cash flows — FY2022 source | |||
| Profit before taxationSingapore dollars thousands | 7,131 | 4,485 | PDF p. 68 |
| Adjustments for: | |||
| Depreciation of property, plant and equipmentSingapore dollars thousands | 5,882 | 6,468 | PDF p. 68 |
| Depreciation of right-of-use assetsSingapore dollars thousands | 2,428 | 2,375 | PDF p. 68 |
| Gain on disposal of property, plant and equipmentSingapore dollars thousands | (67) | (70) | PDF p. 68 |
| Written off of property, plant and equipmentSingapore dollars thousands | 42 | 8 | PDF p. 68 |
| Fair value loss on derivativesSingapore dollars thousands | 8 | 436 | PDF p. 68 |
| Bad debts recoveredSingapore dollars thousands | (24) | (15) | PDF p. 68 |
| Share-based compensation expensesSingapore dollars thousands | – | 52 | PDF p. 68 |
| Foreign currency translation adjustmentSingapore dollars thousands | (1,934) | (23) | PDF p. 68 |
| Interest incomeSingapore dollars thousands | (202) | (243) | PDF p. 68 |
| Provision for product warrantiesSingapore dollars thousands | 146 | 151 | PDF p. 68 |
| Interest expenseSingapore dollars thousands | 3,449 | 3,813 | PDF p. 68 |
| Share of results of joint venturesSingapore dollars thousands | (2,042) | (1,125) | PDF p. 68 |
| Operating cash flows before changes in working capitalSingapore dollars thousands | 14,817 | 16,312 | PDF p. 68 |
| (Increase)/decrease in inventoriesSingapore dollars thousands | (13,435) | 8,720 | PDF p. 68 |
| Decrease in receivablesSingapore dollars thousands | 5,043 | 7,117 | PDF p. 68 |
| (Decrease)/increase in payablesSingapore dollars thousands | (2,119) | 2,181 | PDF p. 68 |
| Cash flows generated from operationsSingapore dollars thousands | 4,306 | 34,330 | PDF p. 68 |
| Interest receivedSingapore dollars thousands | 202 | 243 | PDF p. 68 |
| Interest paidSingapore dollars thousands | (3,449) | (3,813) | PDF p. 68 |
| Income tax paidSingapore dollars thousands | (2,563) | (2,278) | PDF p. 68 |
| Net cash flows (used in)/generated from operating activitiesSingapore dollars thousands | (1,504) | 28,482 | PDF p. 68 |
| Cash flows from investing activities: | |||
| Proceeds from disposal of property, plant and equipmentSingapore dollars thousands | 73 | 100 | PDF p. 68 |
| Dividend received from joint venture companySingapore dollars thousands | 1,906 | 1,888 | PDF p. 68 |
| Purchase of property, plant and equipmentSingapore dollars thousands | (7,272) | (3,803) | PDF p. 68 |
| Net cash flows used in investing activitiesSingapore dollars thousands | (5,293) | (1,815) | PDF p. 68 |
| Cash flows from financing activities: | |||
| Proceeds from long-term loansSingapore dollars thousands | 840 | 10,243 | PDF p. 68 |
| Proceeds from trust receiptsSingapore dollars thousands | 9,816 | 1,780 | PDF p. 68 |
| Proceeds from/(repayment of) short-term loansSingapore dollars thousands | 2,799 | (9,431) | PDF p. 68 |
| Repayment of hire purchase creditorsSingapore dollars thousands | (134) | (129) | PDF p. 68 |
| Dividend paid to shareholdersSingapore dollars thousands | (2,967) | (1,184) | PDF p. 68 |
| Repayment of long-term loansSingapore dollars thousands | (6,592) | (9,379) | PDF p. 68 |
| Principal element of lease paymentsSingapore dollars thousands | (2,277) | (2,335) | PDF p. 68 |
| Net cash flows generated from/(used in) financing activitiesSingapore dollars thousands | 1,485 | (10,435) | PDF p. 68 |
| Net (decrease)/increase in cash and cash equivalentsSingapore dollars thousands | (5,312) | 16,232 | PDF p. 68 |
| Cash and cash equivalents at beginning of financial yearSingapore dollars thousands | 41,834 | 25,730 | PDF p. 68 |
| Effects of exchange rate changes on cash and cash equivalents at beginning of financial yearSingapore dollars thousands | (686) | (128) | PDF p. 68 Label p. 68 |
| Cash and cash equivalents at end of financial yearSingapore dollars thousands | 35,836 | 41,834 | PDF p. 68 |
Original report: PDF p. 68 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2021Group — Equity total | 2021Group — Equity attributable to owners total | 2021Group — Share capital | 2021Group — Revenue reserve | 2021Group — Other reserves total | 2021Group — Capital reserve | 2021Group — Share-based compensation reserve | 2021Group — Foreign currency translation reserve | 2021Group — Discount on acquisition of non-controlling interest | Source |
|---|---|---|---|---|---|---|---|---|---|---|
| Group | ||||||||||
| Balance at 1 May 2020Singapore dollars thousands | 117,005 | 117,005 | 36,070 | 96,825 | (15,890) | 505 | 122 | (16,719) | 202 | PDF p. 65 |
| Profit for the financial yearSingapore dollars thousands | 2,484 | 2,484 | – | 2,484 | – | – | – | – | – | PDF p. 65 |
| Other comprehensive income for the financial yearSingapore dollars thousands | (1,423) | (1,423) | – | – | (1,423) | – | – | (1,423) | – | PDF p. 65 Label p. 65 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 1,061 | 1,061 | – | 2,484 | (1,423) | – | – | (1,423) | – | PDF p. 65 Label p. 65 |
| Contributions by and distributions to owners Share issuance under performance share planSingapore dollars thousands | – | – | 174 | – | (174) | – | (174) | – | – | PDF p. 65 Label p. 65 |
| Share-based compensation expensesSingapore dollars thousands | 52 | 52 | – | – | 52 | – | 52 | – | – | PDF p. 65 Label p. 65 |
| Transfer from revenue reserve to capital reserveSingapore dollars thousands | – | – | – | (170) | 170 | 170 | – | – | – | PDF p. 65 Label p. 65 |
| Dividend on ordinary sharesSingapore dollars thousands | (1,184) | (1,184) | – | (1,184) | – | – | – | – | – | PDF p. 65 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (1,132) | (1,132) | 174 | (1,354) | 48 | 170 | (122) | – | – | PDF p. 65 Label p. 65 |
| Balance at 30 April 2021Singapore dollars thousands | 116,934 | 116,934 | 36,244 | 97,955 | (17,265) | 675 | – | (18,142) | 202 | PDF p. 65 |
Original report: PDF p. 65 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Group — Equity total | 2022Group — Equity attributable to owners total | 2022Group — Share capital | 2022Group — Revenue reserve | 2022Group — Other reserves total | 2022Group — Capital reserve | 2022Group — Foreign currency translation reserve | 2022Group — Discount on acquisition of non-controlling interest | Source |
|---|---|---|---|---|---|---|---|---|---|
| Group | |||||||||
| Balance at 1 May 2021Singapore dollars thousands | 116,934 | 116,934 | 36,244 | 97,955 | (17,265) | 675 | (18,142) | 202 | PDF p. 66 |
| Profit for the financial year income for the financialSingapore dollars thousands | 3,886 | 3,886 | – | 3,886 | – | – | – | – | PDF p. 66 Label p. 66 |
| Other comprehensive | |||||||||
| yearSingapore dollars thousands | (1,506) | (1,506) | – | – | (1,506) | – | (1,506) | – | PDF p. 66 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 2,380 | 2,380 | – | 3,886 | (1,506) | – | (1,506) | – | PDF p. 66 Label p. 66 |
| Contributions by and distributions to owners Dividend on ordinary sharesSingapore dollars thousands | (2,967) | (2,967) | – | (2,967) | – | – | – | – | PDF p. 66 Label p. 66 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (2,967) | (2,967) | – | (2,967) | – | – | – | – | PDF p. 66 Label p. 66 |
| Balance at 30 April 2022Singapore dollars thousands | 116,347 | 116,347 | 36,244 | 98,874 | (18,771) | 675 | (19,648) | 202 | PDF p. 66 |
Original report: PDF p. 66 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2021Company — Equity total | 2021Company — Equity attributable to owners total | 2021Company — Share capital | 2021Company — Revenue reserve | 2021Company — Other reserves total | 2021Company — Share-based compensation reserve | Source |
|---|---|---|---|---|---|---|---|
| Company | |||||||
| Balance at 1 April 2020Singapore dollars thousands | 38,606 | 38,606 | 36,070 | 2,414 | 122 | 122 | PDF p. 67 |
| Profit for the financial yearSingapore dollars thousands | 3,872 | 3,872 | – | 3,872 | – | – | PDF p. 67 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 3,872 | 3,872 | – | 3,872 | – | – | PDF p. 67 Label p. 67 |
| Contributions by and distributions | |||||||
| to owners Shares issuance under performance share planSingapore dollars thousands | – | – | 174 | – | (174) | (174) | PDF p. 67 Label p. 67 |
| Share-based compensation expensesSingapore dollars thousands | 52 | 52 | – | – | 52 | 52 | PDF p. 67 Label p. 67 |
| Dividend on ordinary sharesSingapore dollars thousands | (1,184) | (1,184) | – | (1,184) | – | – | PDF p. 67 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (1,132) | (1,132) | 174 | (1,184) | (122) | (122) | PDF p. 67 Label p. 67 |
| Balance at 30 April 2021 and 1 May 2021Singapore dollars thousands | 41,346 | 41,346 | 36,244 | 5,102 | – | – | PDF p. 67 Label p. 67 |
Original report: PDF p. 67 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
The original Company opening-date label is1April, whereas the report covers a financial year ending30April. This source date wording is preserved; no replacement date is inferred.
Units appear below each metric. Scroll to compare years
| Metric / unit | 2022Company — Equity total | 2022Company — Equity attributable to owners total | 2022Company — Share capital | 2022Company — Revenue reserve | 2022Company — Other reserves total | 2022Company — Share-based compensation reserve | Source |
|---|---|---|---|---|---|---|---|
| Original shared prior closing / current opening balance | |||||||
| Balance at 30 April 2021 and 1 May 2021Singapore dollars thousands | 41,346 | 41,346 | 36,244 | 5,102 | – | – | PDF p. 67 Label p. 67 |
| Contributions by and distributions | |||||||
| Profit for the financial yearSingapore dollars thousands | 3,350 | 3,350 | – | 3,350 | – | – | PDF p. 67 |
| Total comprehensive income for the financial yearSingapore dollars thousands | 3,350 | 3,350 | – | 3,350 | – | – | PDF p. 67 Label p. 67 |
| to owners Dividend on ordinary sharesSingapore dollars thousands | (2,967) | (2,967) | – | (2,967) | – | – | PDF p. 67 Label p. 67 |
| Total contributions by and distributions to ownersSingapore dollars thousands | (2,967) | (2,967) | – | (2,967) | – | – | PDF p. 67 Label p. 67 |
| Balance at 30 April 2022Singapore dollars thousands | 41,729 | 41,729 | 36,244 | 5,485 | – | – | PDF p. 67 |
Original report: PDF p. 67 ↗
Other reserves is a subtotal of reserve components. It is not added a second time. The source shared closing/opening line may be retained in both period sections with the same original evidence.
Where the money comes from
| Item / unit | 2026Revenue | 2025Revenue | 2026Non-current assets | 2025Non-current assets | Source |
|---|---|---|---|---|---|
| Business information | |||||
| Distribution$'000 | 158,230 | 165,211 | 58,003 | 59,832 | PDF p. 130 |
| Manufacturing$'000 | 28,276 | 27,969 | 8,582 | 7,382 | PDF p. 130 |
| Total (unlabelled)$'000 | 186,506 | 193,180 | 66,585 | 67,214 | PDF p. 130 |
Total row has no printed label.
Non-current assets information consists of property, plant and equipment, right-of-use assets, joint venture companies and associated companies as presented in the consolidated balance sheet.
| Item / unit | 2026South East Asia | 2026North Asia | 2026Africa | 2026Others | 2026Total of segments | 2026Elimination | 2026Consolidated | Source |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| External revenue$'000 | 162,376 | 3,916 | 14,863 | – | 181,155 | – | 181,155 | PDF p. 128 |
| Inter-segment revenue$'000 | 20,061 | 1,738 | – | – | 21,799 | (21,799) | – | PDF p. 128 |
| Other revenue | ||||||||
| – Interest income$'000 | 333 | 45 | 33 | – | 411 | – | 411 | PDF p. 128 |
| – Others$'000 | 3,319 | 1,590 | 5 | 26 | 4,940 | – | 4,940 | PDF p. 128 |
| Revenue | ||||||||
| Total revenue$'000 | 186,089 | 7,289 | 14,901 | 26 | 208,305 | (21,799) | 186,506 | PDF p. 128 |
| Results | ||||||||
| Finance costs$'000 | (4,350) | (52) | (702) | – | (5,104) | 1,161 | (3,943) | PDF p. 128 |
| Segment result$'000 | (347) | 1,327 | (1,116) | 406 | 270 | 1,161 | 1,431 | PDF p. 128 |
| Share of results of joint ventures$'000 | – | 1,029 | – | – | 1,029 | – | 1,029 | PDF p. 128 |
| Other information | ||||||||
| Segment assets$'000 | 182,966 | 5,252 | 12,258 | 182 | 200,658 | – | 200,658 | PDF p. 128 |
| Associated and joint venture companies$'000 | 221 | 9,834 | – | – | 10,055 | – | 10,055 | PDF p. 128 |
| Unallocated assets$'000 | 2,123 | 23 | – | – | 2,146 | – | 2,146 | PDF p. 128 |
| Total assets$'000 | 185,310 | 15,109 | 12,258 | 182 | 212,859 | – | 212,859 | PDF p. 128 |
| Segment liabilities$'000 | 93,951 | 1,479 | 4,786 | 648 | 100,864 | – | 100,864 | PDF p. 128 |
| Unallocated liabilities$'000 | 1,658 | – | 21 | – | 1,679 | – | 1,679 | PDF p. 128 |
| Total liabilities$'000 | 95,609 | 1,479 | 4,807 | 648 | 102,543 | – | 102,543 | PDF p. 128 |
| Additions to non-current assets | ||||||||
| – Property, plant and equipment$'000 | 6,723 | 16 | 13 | – | 6,752 | – | 6,752 | PDF p. 128 |
| Significant non-cash expenses | ||||||||
| Amortisation and depreciation of property, plant and equipment$'000 | 5,066 | 54 | 104 | – | 5,224 | – | 5,224 | PDF p. 128 |
| Depreciation of right-of-use assets$'000 | 1,283 | 468 | 331 | – | 2,082 | – | 2,082 | PDF p. 128 |
| Allowance for/(write-back of) expected credit loss$'000 | 312 | (17) | 20 | – | 315 | – | 315 | PDF p. 128 |
| Write-back of inventory obsolescence$'000 | (2,791) | (148) | (369) | – | (3,308) | – | (3,308) | PDF p. 128 |
| Bad debts recovered directly to profit or loss account$'000 | (111) | – | – | – | (111) | – | (111) | PDF p. 128 |
Transfer prices between operating segments are based on terms agreed between parties.
Segment performance is evaluated based on operating profit or loss, measured differently in certain aspects from the consolidated financial statements. Income taxes are managed on a group basis and not allocated to segments.
Rows Unallocated income, Profit before taxation, Taxation and Profit for the financial year print a single value (consolidated column only).
Segment footnotes (page 129): South East Asia includes Singapore, Malaysia, Thailand, Indonesia, Vietnam and Brunei; North Asia includes Hong Kong and People's Republic of China; Africa includes North America/Latin America, Australia and India (as printed; footnote markers not shown in text).
| Item / unit | 2025South East Asia | 2025North Asia | 2025Africa | 2025Others | 2025Total of segments | 2025Elimination | 2025Consolidated | Source |
|---|---|---|---|---|---|---|---|---|
| Revenue | ||||||||
| External revenue$'000 | 164,577 | 4,138 | 19,007 | – | 187,722 | – | 187,722 | PDF p. 129 |
| Inter-segment revenue$'000 | 24,387 | 911 | – | – | 25,298 | (25,298) | – | PDF p. 129 |
| Other revenue | ||||||||
| – Interest income$'000 | 422 | 76 | 33 | 2 | 533 | – | 533 | PDF p. 129 |
| – Others$'000 | 3,585 | 1,298 | 2 | 40 | 4,925 | – | 4,925 | PDF p. 129 |
| Revenue | ||||||||
| Total revenue$'000 | 192,971 | 6,423 | 19,042 | 42 | 218,478 | (25,298) | 193,180 | PDF p. 129 |
| Results | ||||||||
| Finance costs$'000 | (5,276) | (59) | (504) | – | (5,839) | 940 | (4,899) | PDF p. 129 |
| Segment result$'000 | 795 | 998 | (1,611) | (45) | 137 | 940 | 1,077 | PDF p. 129 |
| Share of results of joint ventures$'000 | – | 933 | – | – | 933 | – | 933 | PDF p. 129 |
| Other information | ||||||||
| Segment assets$'000 | 184,109 | 7,644 | 15,853 | 244 | 207,850 | – | 207,850 | PDF p. 129 |
| Associated and joint venture companies$'000 | 221 | 11,614 | – | – | 11,835 | – | 11,835 | PDF p. 129 |
| Unallocated assets$'000 | 2,256 | 113 | – | 81 | 2,450 | – | 2,450 | PDF p. 129 |
| Total assets$'000 | 186,586 | 19,371 | 15,853 | 325 | 222,135 | – | 222,135 | PDF p. 129 |
| Segment liabilities$'000 | 97,717 | 1,927 | 9,142 | 827 | 109,613 | – | 109,613 | PDF p. 129 |
| Unallocated liabilities$'000 | 1,828 | 125 | – | – | 1,953 | – | 1,953 | PDF p. 129 |
| Total liabilities$'000 | 99,545 | 2,052 | 9,142 | 827 | 111,566 | – | 111,566 | PDF p. 129 |
| Additions to non-current assets | ||||||||
| – Property, plant and equipment$'000 | 5,429 | 159 | 87 | – | 5,675 | – | 5,675 | PDF p. 129 |
| Significant non-cash expenses | ||||||||
| Amortisation and depreciation of property, plant and equipment$'000 | 4,861 | 40 | 103 | – | 5,004 | – | 5,004 | PDF p. 129 |
| Depreciation of right-of-use assets$'000 | 1,387 | 395 | 257 | – | 2,039 | – | 2,039 | PDF p. 129 |
| Allowance for/(write-back of) expected credit loss$'000 | 581 | 30 | 56 | (12) | 655 | – | 655 | PDF p. 129 |
| (Write-back of)/allowance for inventory obsolescence$'000 | (1,287) | (255) | 571 | – | (971) | – | (971) | PDF p. 129 |
| Bad debts recovered directly to profit or loss account$'000 | (111) | – | – | – | (111) | – | (111) | PDF p. 129 |
Comparative 2025 segment table. Rows Unallocated expenses, Profit before taxation, Taxation and Profit for the financial year print a single value (consolidated column only).
Note: Includes Singapore, Malaysia, Thailand, Indonesia, Vietnam and Brunei; Includes Hong Kong and People’s Republic of China; Includes North America/Latin America, Australia and India (footnotes as printed, markers not visible in text).
Debt
| Item / unit | 20261 year or less, $'000 | 20262 to 5 years, $'000 | 2026over 5 years, $'000 | 2026total, $'000 | Source |
|---|---|---|---|---|---|
| Financial liabilities 2026 | |||||
| Corporate guarantee$'000 | 64,259 | – | – | 64,259 | PDF p. 123 |
The Loans and borrowings row belongs to the 2025 comparative block (1 year or less, 2 to 5 years, over 5 years, total). The Company has no 2026 loans and borrowings row.
Corporate guarantee 2025: 71,179 (printed in a separate row).
| Item / unit | 2026Group, $'000 | 2025Group, $'000 | 2026Company, $'000 | 2025Company, $'000 | Source |
|---|---|---|---|---|---|
| Current liabilities | |||||
| Trust receipts (secured)$'000 | 40,013 | 41,727 | – | – | PDF p. 66 |
| Loans (secured)$'000 | 10,465 | 10,250 | – | 108 | PDF p. 66 |
| Hire-purchase liabilities$'000 | 159 | 184 | – | – | PDF p. 66 |
| Lease liabilities$'000 | 2,099 | 1,793 | – | – | PDF p. 66 |
| Non-current liabilities | |||||
| Hire-purchase liabilities$'000 | 290 | 399 | – | – | PDF p. 66 |
| Long-term loans (secured)$'000 | 13,781 | 19,202 | – | – | PDF p. 66 |
| Lease liabilities$'000 | 6,104 | 7,232 | – | – | PDF p. 66 |
Balance sheets as at 30 April 2026, in Singapore Dollar.
| Item / unit | 2026Group, $'000 | 2025Group, $'000 | 2026Company, $'000 | 2025Company, $'000 | Source |
|---|---|---|---|---|---|
| Loans (secured) | |||||
| Short-term loans (revolving credit facilities)$'000 | 6,691 | 7,374 | – | – | PDF p. 107 |
| Long-term loans - current portion$'000 | 3,774 | 2,876 | – | 108 | PDF p. 107 |
The short-term loans are secured by negative pledge over the assets of certain subsidiary companies and corporate guarantees from their companies, excluding their hire-purchase assets. The short-term loans bear interest at rates ranging from 2.70% to 10.50% (2025: 3.60% to 5.90%) per annum. The weighted average interest rate of the Group’s short-term loans is 4.59% (2025: 4.96%) per annum.
| Item / unit | 2026Group effective interest rate, % | 2025Group effective interest rate, % | 2026Group amount, $'000 | 2025Group amount, $'000 | Source |
|---|---|---|---|---|---|
| Short-term loans currencies | |||||
| Thai Baht loans% and $'000 | 3.81 | 4.48 | 3,320 | 2,374 | PDF p. 107 |
| Singapore Dollar loans% and $'000 | 3.88 | 4.97 | 3,000 | 5,000 | PDF p. 107 |
| Indonesia Rupiah loans% and $'000 | 10.48 | – | 371 | – | PDF p. 107 |
Total 6,691 (2026) and 7,374 (2025).
| Item / unit | 2026Effective interest rate % | 2025Effective interest rate % | 2026Amount $'000 | 2025Amount $'000 | Source |
|---|---|---|---|---|---|
| Current; maturity 2027 | |||||
| Singapore Dollar loans (Group, Current)% and $'000 | 3.87 | 5.69 | 3,441 | 2,589 | PDF p. 109 |
| Malaysian Ringgit loans (Group, Current)% and $'000 | 4.71 | 4.95 | 333 | 287 | PDF p. 109 |
| Non-current; maturity 2028-2042 | |||||
| Singapore Dollar loans (Group, Non-current)% and $'000 | 3.87 | 5.69 | 10,163 | 15,496 | PDF p. 109 |
| Non-current; maturity 2028-2036 | |||||
| Malaysian Ringgit loans (Group, Non-current)% and $'000 | 4.71 | 4.95 | 3,618 | 3,706 | PDF p. 109 |
| Company Current | |||||
| Singapore Dollar loans (Company, Current)% and $'000 | – | 1.96 | – | 108 | PDF p. 109 |
Group current total 3,774 (2026) / 2,876 (2025); non-current total 13,781 / 19,202.
The Company row quote is as extracted from the page; the printed columns are Maturity '–', 2026 rate '–', 2025 rate '1.96', 2026 amount '–', 2025 amount '108'.
All loans are subject to compliance with financial covenants and are secured by corporate guarantees from the Company, property, plant and equipment of certain subsidiary companies and negative pledge over the assets of certain subsidiaries, excluding their hire-purchase assets.
Included in the Group’s Singapore dollar loans as at 30 April 2026 are 3 loans (2025: 3 loans) with current and non-current portions amounting to $2,163,000 (2025: $2,163,000) and $4,901,000 (2025: $13,064,000), respectively, where the subsidiary company shall not repay the loan from the Company (Note 14) until these loans are repaid.
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Trust receipts currencies | |||
| Singapore Dollar$'000 | 15,434 | 13,145 | PDF p. 106 |
| Thai Baht$'000 | 11,440 | 10,670 | PDF p. 106 |
| Indonesian Rupiah$'000 | 9,167 | 11,006 | PDF p. 106 |
| South African Rand$'000 | 2,468 | 4,747 | PDF p. 106 |
| Malaysian Ringgit$'000 | 1,504 | 982 | PDF p. 106 |
| Vietnamese Dong$'000 | – | 1,177 | PDF p. 106 |
Total 40,013 (2026) and 41,727 (2025).
Trust receipts have maturity dates of up to 6 (2025: 6) months and are secured by corporate guarantees from the Company, a negative pledge over the assets, excluding its leasehold buildings, of subsidiary companies.
The trust receipts bear interest at rates ranging from 2.35% to 11.75% (2025: 3.61% to 13.75%) per annum. The weighted average interest rate of the Group’s trust receipts is 5.26% (2025: 6.96%) per annum.
| Item / unit | 2026Group minimum payments, $'000 | 2026Group present value of payments, $'000 | 2025Group minimum payments, $'000 | 2025Group present value of payments, $'000 | Source |
|---|---|---|---|---|---|
| Hire-purchase | |||||
| Within one year$'000 | 189 | 159 | 244 | 184 | PDF p. 108 |
| After one year but not more than five years$'000 | 326 | 290 | 467 | 399 | PDF p. 108 |
| Total minimum hire-purchase payments$'000 | 515 | 449 | 711 | 583 | PDF p. 108 |
| Less: Amounts representing finance charges$'000 | (66) | – | (128) | – | PDF p. 108 |
| Present value of minimum hire-purchase payments$'000 | 449 | 449 | 583 | 583 | PDF p. 108 |
Effective interest rates on the hire-purchase arrangements range from 2.36% to 12.36% (2025: 2.36% to 12.75%) per annum.
| Item / unit | 2026$'000 | 2025$'000 | Source |
|---|---|---|---|
| Capital management | |||
| Trust receipts$'000 | 40,013 | 41,727 | PDF p. 126 |
| Loans (secured)$'000 | 24,246 | 29,452 | PDF p. 126 |
| Bank borrowings$'000 | 64,259 | 71,179 | PDF p. 126 |
| Gearing ratio (times)times | 0.59 | 0.65 | PDF p. 126 |
Bank borrowings include trust receipts, short-term and long-term loans. Policy: gearing ratio less than 3 (2025: 3) times.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Dividend Policy | The Board endeavours to maintain a balance between meeting shareholders’ expectations and prudent capital management with a sustainable dividend payout. | Company | PDF p. 53 |
| Dividend Policy | The declaration and payment of any dividend will be recommended by the directors and the final dividend (if any) will be subject to approval by shareholders. | Company | PDF p. 53 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| final exempt (one-tier) dividend of 1.0 cent (2025: 1.0 cent) per share | 1.0 cents per share | Proposed for FY ended 30 April 2026; tax exempt (one-tier); not recognised as liability; approx. $2,374,000 | PDF p. 112 |
| final exempt (one-tier) dividend of 1.0 cent (2025: 1.0 cent) per share | 1.0 cents per share | Comparative: proposed for FY ended 30 April 2025; tax exempt (one-tier) | PDF p. 112 |
| Final exempt (one-tier) dividend of 1.0 (2025: 1.5) cent, per share in respect of the previous financial year | 1.0 cents per share | Group and Company; paid during FY2026 in respect of previous financial year; amount $'000 2,374 (2025: 3,561) | PDF p. 112 |
| Final exempt (one-tier) dividend of 1.0 (2025: 1.5) cent, per share in respect of the previous financial year | 1.5 cents per share | Group and Company; comparative paid during FY2025 in respect of previous financial year | PDF p. 112 |
| Special exempt (one-tier) dividend of Nil (2025: 0.5) cent, per share in respect of the previous financial year | 0.5 cents per share | Group and Company; comparative paid during FY2025; 2026: Nil | PDF p. 112 |
| Dividend declared and paid during the year | 2,374 $'000 | Group and Company, 2026 (2025: 4,748) | PDF p. 112 |
| Record Date | 11 September 2026 | Proposed first and final tax exempt (one-tier) dividend of 1 cent per ordinary share for FY ended 30 April 2026 | PDF p. 140 |
| Proposed Dividend payment date | 22 September 2026 | Proposed dividend, if approved at the 37th AGM on 28 August 2026 | PDF p. 140 |
Extracted from STAMFORD TYRES CORPORATION LIMITED — Annual Report 2026 and checked against the cited pages; see the original report for full context.
Auditor’s report
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Audit firm | Ernst & Young LLP | Group | PDF p. 63 |
| Engagement partner | Hah Yanying | Group | PDF p. 63 |
| Opinion | In our opinion, the accompanying consolidated financial statements of the Group, the balance sheet and the statement of changes in equity of the Company are properly drawn up | Group and Company | PDF p. 59 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Allowance for inventory obsolescence | The allowance for inventory obsolescence is a key audit matter as significant judgement is required for the estimation of the net realisable value (“NRV”) of inventories and the resultant allowance for obsolescence. | Group | PDF p. 60 |
| Allowance for expected credit loss on trade receivables | The Group has significant trade receivables and makes an allowance for expected credit loss (“ECL”) where there is a risk that the amounts are not collectable. | Group | PDF p. 60 |
| Impairment assessment of investments in subsidiaries, joint ventures and associate | The Group and the Company have significant investments in subsidiaries, joint ventures and an associate. | Group and Company | PDF p. 61 |
Extracted from STAMFORD TYRES CORPORATION LIMITED — 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 STAMFORD TYRES CORPORATION LIMITED — Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
The report prints consolidated income, comprehensive income and cash flow, Group/Company balances and equity movements. Separate primary Company income/comprehensive-income/cash-flow statements are not printed. Company profit and comprehensive income are preserved within Company equity movements. Monetary amounts are Singapore-dollar thousands; EPS retains Singapore cents per share.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.