Wing Tai Holdings Limited Annual Report 2026
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| Metric / unit | 2026Group | 2025Group | 2024Group | 2023Group | 2022Group | Source |
|---|---|---|---|---|---|---|
| Five-year financial summary | ||||||
| RevenueSGD thousands | 617,353 | 230,206 | 169,172 | 476,272 | 514,585 | PDF p. 22 |
| PropertySGD thousands | 589,585 | 178,527 | 117,904 | 418,516 | 459,392 | PDF p. 22 |
| RetailSGD thousands | 24,386 | 42,324 | 40,785 | 45,199 | 42,806 | PDF p. 22 |
| Investment and othersSGD thousands | 3,382 | 9,355 | 10,483 | 12,557 | 12,387 | PDF p. 22 |
| Earnings before interest and taxesSGD thousands | 61,368 | (25,785) | (52,322) | 8,742 | 171,698 | PDF p. 22 |
| Profit/(loss) before income taxSGD thousands | 24,502 | (59,473) | (70,929) | (10,741) | 149,147 | PDF p. 22 |
| Total profit/(loss)SGD thousands | 21,041 | (65,937) | (82,233) | 11,346 | 143,682 | PDF p. 22 |
| Profit/(loss) attributable to ordinary shareholders of the CompanySGD thousands | 23,801 | (60,997) | (78,685) | 13,307 | 140,165 | PDF p. 22 |
| Equity attributable to ordinary shareholders of the CompanySGD thousands | 2,996,079 | 2,847,730 | 2,967,997 | 3,137,839 | 3,286,313 | PDF p. 22 |
| Total assetsSGD thousands | 4,133,663 | 4,275,552 | 3,989,505 | 4,151,922 | 4,261,936 | PDF p. 22 |
| Total liabilities, perpetual securities and non-controlling interestsSGD thousands | 1,137,584 | 1,427,822 | 1,021,508 | 1,014,083 | 975,623 | PDF p. 22 |
| Earnings/(loss) per share (cents)Singapore cents | 3.12 | (8.00) | (11.13) | 0.87 | 16.64 | PDF p. 22 |
| Net asset value per share ($)SGD per share | 3.92 | 3.73 | 3.90 | 4.13 | 4.32 | PDF p. 22 |
| Cash dividends per share (cents)Singapore cents | 4.00 | 3.00 | 3.00 | 5.00 | 6.00 | PDF p. 22 |
Original report: PDF p. 22 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Consolidated income statement | |||
| RevenueSGD thousands | 617,353 | 230,206 | PDF p. 27 |
| Cost of salesSGD thousands | (452,432) | (125,421) | PDF p. 27 |
| Gross profitSGD thousands | 164,921 | 104,785 | PDF p. 27 |
| Other gains – netSGD thousands | 11,773 | 11,046 | PDF p. 27 |
| Expenses | |||
| – DistributionSGD thousands | (47,378) | (30,802) | PDF p. 27 |
| – Administrative and otherSGD thousands | (78,785) | (77,673) | PDF p. 27 |
| Consolidated income statement | |||
| Operating profitSGD thousands | 50,531 | 7,356 | PDF p. 27 |
| Finance costsSGD thousands | (42,194) | (44,342) | PDF p. 27 |
| Share of profits/(losses) of associated and joint venture companiesSGD thousands | 16,165 | (22,487) | PDF p. 27 |
| Profit/(loss) before income taxSGD thousands | 24,502 | (59,473) | PDF p. 27 |
| Income tax expenseSGD thousands | (3,461) | (6,464) | PDF p. 27 |
| Total profit/(loss)SGD thousands | 21,041 | (65,937) | PDF p. 27 |
| Profit attributable to | |||
| Equity holders of the CompanySGD thousands | 23,801 | (60,997) | PDF p. 27 |
| Consolidated income statement | |||
| Non-controlling interestsSGD thousands | (2,760) | (4,940) | PDF p. 27 |
| Total attributable profit/(loss)SGD thousands | 21,041 | (65,937) | PDF p. 27 |
| Earnings/(loss) per share attributable to equity holders of the Company (cents) | |||
| BasicSingapore cents | 3.12 | (8.00) | PDF p. 27 |
| Consolidated income statement | |||
| DilutedSingapore cents | 3.11 | (8.00) | PDF p. 27 |
Original report: PDF p. 27 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Consolidated statement of comprehensive income | |||
| Total profit/(loss)SGD thousands | 21,041 | (65,937) | PDF p. 28 |
| Items that may be reclassified subsequently to profit or loss | |||
| Cash flow hedgesSGD thousands | 1,621 | (4,187) | PDF p. 28 |
| Consolidated statement of comprehensive income | |||
| Currency translation differencesSGD thousands | 39,191 | (45,904) | PDF p. 28 |
| Share of other comprehensive income of associated and joint venture companiesSGD thousands | 10,123 | 7,037 | PDF p. 28 |
| Total items that may be reclassifiedSGD thousands | 50,935 | (43,054) | PDF p. 28 |
| Items that will not be reclassified subsequently to profit or loss | |||
| Fair value gains on financial assets, at fair value through other comprehensive income (“FVOCI”)SGD thousands | 95,648 | 5,404 | PDF p. 28 |
| Consolidated statement of comprehensive income | |||
| Currency translation differencesSGD thousands | 1,707 | (3,472) | PDF p. 28 |
| Share of other comprehensive (loss)/income of associated and joint venture companiesSGD thousands | (62) | 282 | PDF p. 28 |
| Total items that will not be reclassifiedSGD thousands | 97,293 | 2,214 | PDF p. 28 |
| Other comprehensive income/(loss), net of taxSGD thousands | 148,228 | (40,840) | PDF p. 28 |
| Total comprehensive income/(loss)SGD thousands | 169,269 | (106,777) | PDF p. 28 |
| Total comprehensive income attributable to | |||
| Equity holders of the CompanySGD thousands | 170,384 | (98,647) | PDF p. 28 |
| Consolidated statement of comprehensive income | |||
| Non-controlling interestsSGD thousands | (1,115) | (8,130) | PDF p. 28 |
| Total attributable comprehensive income/(loss)SGD thousands | 169,269 | (106,777) | PDF p. 28 |
Original report: PDF p. 28 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Current assets | |||||
| Cash and cash equivalentsSGD thousands | 379,457 | 403,519 | 144,974 | 231,023 | PDF p. 28 |
| Trade and other receivablesSGD thousands | 28,110 | 21,286 | 7,829 | 5,942 | PDF p. 28 |
| InventoriesSGD thousands | 2,914 | 5,888 | - | - | PDF p. 28 |
| Development propertiesSGD thousands | 800,995 | 1,115,018 | - | - | PDF p. 28 |
| Tax recoverableSGD thousands | 1,880 | 266 | - | - | PDF p. 28 |
| Financial assetsSGD thousands | 3,456 | - | 3,456 | - | PDF p. 28 |
| Other assetsSGD thousands | 381,917 | 17,063 | 37 | 27 | PDF p. 28 |
| Assets held for saleSGD thousands | 1,324 | 14,334 | - | - | PDF p. 28 |
| Total current assetsSGD thousands | 1,600,053 | 1,577,374 | 156,296 | 236,992 | PDF p. 28 |
| Non-current assets | |||||
| Trade and other receivablesSGD thousands | 122,921 | 135,593 | 1,296,917 | 1,151,603 | PDF p. 28 |
| Investments in associated and joint venture companiesSGD thousands | 1,414,504 | 1,400,235 | - | - | PDF p. 28 |
| Investments in subsidiary companiesSGD thousands | - | - | 282,063 | 282,063 | PDF p. 28 |
| Investment propertiesSGD thousands | 840,918 | 830,543 | - | - | PDF p. 28 |
| Property, plant and equipmentSGD thousands | 68,618 | 72,913 | 17,848 | 17,892 | PDF p. 28 |
| Deferred income tax assetsSGD thousands | 5,176 | 3,086 | - | - | PDF p. 28 |
| Financial assetsSGD thousands | 59,896 | 248,203 | 20,953 | 26,732 | PDF p. 28 |
| Other assetsSGD thousands | 21,577 | 7,605 | - | - | PDF p. 28 |
| Total non-current assetsSGD thousands | 2,533,610 | 2,698,178 | 1,617,781 | 1,478,290 | PDF p. 28 |
| Assets | |||||
| Total assetsSGD thousands | 4,133,663 | 4,275,552 | 1,774,077 | 1,715,282 | PDF p. 28 |
| Current liabilities | |||||
| Trade and other payablesSGD thousands | 83,118 | 64,301 | 34,408 | 9,057 | PDF p. 28 |
| BorrowingsSGD thousands | 99,887 | 37,447 | 99,887 | - | PDF p. 28 |
| Current income tax liabilitiesSGD thousands | 14,695 | 15,307 | 962 | 8 | PDF p. 28 |
| Other liabilitiesSGD thousands | 49,324 | 20,864 | - | - | PDF p. 28 |
| Total current liabilitiesSGD thousands | 247,024 | 137,919 | 135,257 | 9,065 | PDF p. 28 |
| Non-current liabilities | |||||
| Trade and other payablesSGD thousands | 60,578 | - | - | - | PDF p. 28 |
| BorrowingsSGD thousands | 741,942 | 1,197,583 | 596,675 | 695,600 | PDF p. 28 |
| Deferred income tax liabilitiesSGD thousands | 19,244 | 17,768 | - | - | PDF p. 28 |
| Financial liabilitiesSGD thousands | 3,923 | 5,091 | 3,923 | 5,091 | PDF p. 28 |
| Other liabilitiesSGD thousands | 14,522 | 14,235 | - | - | PDF p. 28 |
| Total non-current liabilitiesSGD thousands | 840,209 | 1,234,677 | 600,598 | 700,691 | PDF p. 28 |
| Liabilities and net assets | |||||
| Total liabilitiesSGD thousands | 1,087,233 | 1,372,596 | 735,855 | 709,756 | PDF p. 28 |
| NET ASSETSSGD thousands | 3,046,430 | 2,902,956 | 1,038,222 | 1,005,526 | PDF p. 28 |
| Equity | |||||
| Share capitalSGD thousands | 838,250 | 838,250 | 838,250 | 838,250 | PDF p. 28 |
| Other reservesSGD thousands | (116,360) | (207,034) | (53,624) | (56,516) | PDF p. 28 |
| Retained earningsSGD thousands | 2,274,189 | 2,216,514 | 253,596 | 223,792 | PDF p. 28 |
| Equity attributable to equity holders of the CompanySGD thousands | 2,996,079 | 2,847,730 | 1,038,222 | 1,005,526 | PDF p. 28 |
| Non-controlling interestsSGD thousands | 50,351 | 55,226 | - | - | PDF p. 28 |
| TOTAL EQUITYSGD thousands | 3,046,430 | 2,902,956 | 1,038,222 | 1,005,526 | PDF p. 28 |
Original report: PDF p. 28 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026GroupShare capital | 2026GroupOther reserves | 2026GroupRetained earnings | 2026GroupTotal attributable to equity holders | 2026GroupNon-controlling interests | 2026GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|
| Consolidated statement of changes in equity | |||||||
| Beginning of financial yearSGD thousands | 838,250 | (207,034) | 2,216,514 | 2,847,730 | 55,226 | 2,902,956 | PDF p. 29 |
| Total comprehensive income/(loss)SGD thousands | - | 146,583 | 23,801 | 170,384 | (1,115) | 169,269 | PDF p. 29 |
| Cost of share-based paymentSGD thousands | - | 961 | - | 961 | - | 961 | PDF p. 29 |
| Reissuance of treasury sharesSGD thousands | - | 310 | (310) | - | - | - | PDF p. 29 |
| Dividends paidSGD thousands | - | - | (22,917) | (22,917) | (3,995) | (26,912) | PDF p. 29 |
| Disposal/liquidation of subsidiary companiesSGD thousands | - | (5,644) | 5,565 | (79) | 235 | 156 | PDF p. 29 |
| Disposal of financial assets, at FVOCISGD thousands | - | (51,536) | 51,536 | - | - | - | PDF p. 29 |
| End of financial yearSGD thousands | 838,250 | (116,360) | 2,274,189 | 2,996,079 | 50,351 | 3,046,430 | PDF p. 29 |
Original report: PDF p. 29 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025GroupShare capital | 2025GroupOther reserves | 2025GroupRetained earnings | 2025GroupTotal attributable to equity holders | 2025GroupNon-controlling interests | 2025GroupTotal equity | Source |
|---|---|---|---|---|---|---|---|
| Consolidated statement of changes in equity | |||||||
| Beginning of financial yearSGD thousands | 838,250 | (171,011) | 2,300,758 | 2,967,997 | 64,481 | 3,032,478 | PDF p. 29 |
| Total comprehensive lossSGD thousands | - | (37,650) | (60,997) | (98,647) | (8,130) | (106,777) | PDF p. 29 |
| Cost of share-based paymentSGD thousands | - | 1,268 | - | 1,268 | - | 1,268 | PDF p. 29 |
| Reissuance of treasury sharesSGD thousands | - | 359 | (359) | - | - | - | PDF p. 29 |
| Dividends paidSGD thousands | - | - | (22,888) | (22,888) | (1,125) | (24,013) | PDF p. 29 |
| End of financial yearSGD thousands | 838,250 | (207,034) | 2,216,514 | 2,847,730 | 55,226 | 2,902,956 | PDF p. 29 |
Original report: PDF p. 29 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Consolidated statement of cash flows — operating and investing | |||
| Total profit/(loss)SGD thousands | 21,041 | (65,937) | PDF p. 29 |
| Adjustments | |||
| Income tax expenseSGD thousands | 3,461 | 6,464 | PDF p. 29 |
| Consolidated statement of cash flows — operating and investing | |||
| Depreciation of property, plant and equipmentSGD thousands | 7,770 | 11,375 | PDF p. 29 |
| Fair value gains on investment propertiesSGD thousands | (2,613) | (6,879) | PDF p. 29 |
| Fair value (gains)/losses on financial assets, at fair value through profit or lossSGD thousands | (1,674) | 1,058 | PDF p. 29 |
| (Write-back of allowance)/allowance for stock obsolescenceSGD thousands | (690) | 409 | PDF p. 29 |
| Dilution loss on interest in an associated companySGD thousands | 6,372 | 9,090 | PDF p. 29 |
| Impairment loss on property, plant and equipmentSGD thousands | 256 | 144 | PDF p. 29 |
| Gain on disposal of investment propertiesSGD thousands | - | (79) | PDF p. 29 |
| Gain on disposal of property, plant and equipmentSGD thousands | (150) | (240) | PDF p. 29 |
| Gain on disposal of a subsidiary companySGD thousands | (4,927) | - | PDF p. 29 |
| Gain on liquidation of a subsidiary companySGD thousands | (782) | - | PDF p. 29 |
| Write-off of property, plant and equipmentSGD thousands | 96 | 37 | PDF p. 29 |
| Interest incomeSGD thousands | (5,328) | (10,654) | PDF p. 29 |
| Dividend incomeSGD thousands | (2,300) | (4,972) | PDF p. 29 |
| Finance costsSGD thousands | 42,194 | 44,342 | PDF p. 29 |
| Share of (profits)/losses of associated and joint venture companiesSGD thousands | (16,165) | 22,487 | PDF p. 29 |
| Cost of share-based paymentSGD thousands | 961 | 1,268 | PDF p. 29 |
| Currency translation differencesSGD thousands | 2,524 | 2,004 | PDF p. 29 |
| Operating cash flow before working capital changesSGD thousands | 50,046 | 9,917 | PDF p. 29 |
| Working capital changes | |||
| Balances with associated and joint venture companiesSGD thousands | (119) | 532 | PDF p. 29 |
| Consolidated statement of cash flows — operating and investing | |||
| Development propertiesSGD thousands | 323,607 | (461,312) | PDF p. 29 |
| InventoriesSGD thousands | 3,815 | 2,844 | PDF p. 29 |
| Trade and other receivables and other assetsSGD thousands | (376,340) | 23,850 | PDF p. 29 |
| Trade and other payables and other liabilitiesSGD thousands | 46,152 | (10,785) | PDF p. 29 |
| Cash generated from/(used in) operationsSGD thousands | 47,161 | (434,954) | PDF p. 29 |
| Income tax paid, net of refundsSGD thousands | (6,003) | (8,453) | PDF p. 29 |
| Net cash provided by/(used in) operating activitiesSGD thousands | 41,158 | (443,407) | PDF p. 29 |
| Investing activities | |||
| Redemption of non-cumulative redeemable preference shares in a joint venture companySGD thousands | 1,343 | - | PDF p. 29 |
| Consolidated statement of cash flows — operating and investing | |||
| Additions to investment propertiesSGD thousands | (1,136) | (1,156) | PDF p. 29 |
| Additions to property, plant and equipmentSGD thousands | (1,398) | (4,035) | PDF p. 29 |
| Purchases of financial assets, at FVOCISGD thousands | - | (49,608) | PDF p. 29 |
| Disposal of a subsidiary company, net of cash disposed ofSGD thousands | 20,235 | - | PDF p. 29 |
| Disposal of investment propertiesSGD thousands | - | 1,905 | PDF p. 29 |
| Disposal of property, plant and equipmentSGD thousands | 925 | 483 | PDF p. 29 |
| Disposal of financial assets, at FVOCISGD thousands | 278,176 | - | PDF p. 29 |
| Loan to a joint venture companySGD thousands | - | (130,000) | PDF p. 29 |
| Repayment of loans by joint venture companiesSGD thousands | 14,665 | - | PDF p. 29 |
| Dividends receivedSGD thousands | 17,562 | 47,597 | PDF p. 29 |
| Interest receivedSGD thousands | 6,243 | 9,750 | PDF p. 29 |
| Net cash provided by/(used in) investing activitiesSGD thousands | 336,615 | (125,064) | PDF p. 29 |
Original report: PDF p. 29 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Consolidated statement of cash flows — financing and cash balances | |||
| Loan from a non-controlling interestSGD thousands | 60,578 | - | PDF p. 30 |
| Repayment of loan to a non-controlling interestSGD thousands | (1,320) | - | PDF p. 30 |
| Proceeds from borrowingsSGD thousands | 85,000 | 523,598 | PDF p. 30 |
| Repayment of borrowingsSGD thousands | (483,868) | (84,659) | PDF p. 30 |
| Principal payment of lease liabilitiesSGD thousands | (4,256) | (7,061) | PDF p. 30 |
| Interest paidSGD thousands | (36,924) | (41,841) | PDF p. 30 |
| Dividends paid to equity holders of the CompanySGD thousands | (22,917) | (22,888) | PDF p. 30 |
| Dividends paid to a non-controlling interestSGD thousands | (3,850) | - | PDF p. 30 |
| Net cash (used in)/provided by financing activitiesSGD thousands | (407,557) | 367,149 | PDF p. 30 |
| Net decrease in cash and cash equivalentsSGD thousands | (29,784) | (201,322) | PDF p. 30 |
| Cash and cash equivalents | |||
| Beginning of financial yearSGD thousands | 403,519 | 605,899 | PDF p. 30 |
| Consolidated statement of cash flows — financing and cash balances | |||
| Effects of currency translation on cash and cash equivalentsSGD thousands | 5,722 | (1,058) | PDF p. 30 |
| End of financial yearSGD thousands | 379,457 | 403,519 | PDF p. 30 |
Original report: PDF p. 30 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2026GroupBeginning of financial year | 2026GroupFinancing cash flows | 2026GroupInterest expense | 2026GroupNet additions / disposals | 2026GroupCurrency translation differences | 2026GroupOthers | 2026GroupEnd of financial year | Source |
|---|---|---|---|---|---|---|---|---|
| Reconciliation of financing liabilities | ||||||||
| BorrowingsSGD thousands | 1,240,282 | (435,508) | 41,910 | - | 847 | (739) | 846,792 | PDF p. 30 |
| Lease liabilitiesSGD thousands | 7,091 | (4,540) | 284 | 3,134 | 202 | - | 6,171 | PDF p. 30 |
| Loans from non-controlling interestsSGD thousands | 1,314 | 59,258 | - | - | 6 | - | 60,578 | PDF p. 30 |
Original report: PDF p. 30 ↗
Units appear below each metric. Scroll to compare years
| Metric / unit | 2025GroupBeginning of financial year | 2025GroupFinancing cash flows | 2025GroupInterest expense | 2025GroupNet additions / disposals | 2025GroupCurrency translation differences | 2025GroupOthers | 2025GroupEnd of financial year | Source |
|---|---|---|---|---|---|---|---|---|
| Reconciliation of financing liabilities | ||||||||
| BorrowingsSGD thousands | 801,782 | 397,620 | 43,820 | - | (2,298) | (642) | 1,240,282 | PDF p. 30 |
| Lease liabilitiesSGD thousands | 13,931 | (7,583) | 522 | (113) | 334 | - | 7,091 | PDF p. 30 |
| Loan from a non-controlling interestSGD thousands | 1,392 | - | - | - | (78) | - | 1,314 | PDF p. 30 |
Original report: PDF p. 30 ↗
Where the money comes from
| Item / unit | 2026Development properties | 2026Investment properties | 2026Retail | 2026Others | 2026Total | Source |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| – Recognised at a point in time$'000 | 14,325 | - | 24,386 | - | 38,711 | PDF p. 59 |
| – Recognised over time$'000 | 530,443 | - | - | 1,082 | 531,525 | PDF p. 59 |
| – Others$'000 | - | 44,817 | - | 2,300 | 47,117 | PDF p. 59 |
| Results | ||||||
| EBIT$'000 | 44,966 | 3,131 | 59,251 | (45,980) | 61,368 | PDF p. 59 |
| Finance costs$'000 | (8,339) | (3,529) | (243) | (30,083) | (42,194) | PDF p. 59 |
| Assets | ||||||
| Segment assets$'000 | 1,499,929 | 929,805 | 14,313 | 137,981 | 2,582,028 | PDF p. 59 |
| Investments in associated and joint venture companies$'000 | 444,198 | 1,379,221 | 207,991 | (616,906) | 1,414,504 | PDF p. 59 |
| Due from joint venture companies$'000 | 842 | - | 279 | 118,135 | 119,256 | PDF p. 59 |
| Liabilities | ||||||
| Segment liabilities$'000 | 165,809 | 13,910 | 7,135 | 20,688 | 207,542 | PDF p. 59 |
| Borrowings$'000 | - | 145,267 | - | 696,562 | 841,829 | PDF p. 59 |
| Other segment items | ||||||
| Capital expenditure$'000 | 20 | 1,934 | 2,908 | 876 | 5,738 | PDF p. 59 |
| Depreciation of property, plant and equipment$'000 | 25 | 758 | 5,072 | 1,915 | 7,770 | PDF p. 59 |
| Development cost included in cost of sales$'000 | 441,869 | - | - | - | 441,869 | PDF p. 59 |
| Finished goods included in cost of sales$'000 | - | - | 11,077 | - | 11,077 | PDF p. 59 |
| Amortisation of costs to obtain contracts$'000 | 29,971 | - | - | - | 29,971 | PDF p. 59 |
| Impairment loss on property, plant and equipment$'000 | - | - | 256 | - | 256 | PDF p. 59 |
Amounts in $'000. Segment items include development properties, investment properties (including hotel operations), retail and others (mainly investment holding, central management and administrative).
Rows with a single value (Interest income, Profit before income tax, Income tax expense, Total profit, Tax recoverable, Derivative financial instruments, deferred tax, current tax, consolidated totals) are printed only in the Total column; unallocated to segments.
Management assesses performance on EBIT, which includes share of results of associated and joint venture companies. Interest income and income taxes are not allocated to segments. Sales between segments are at market terms.
| Item / unit | 2025Development properties | 2025Investment properties | 2025Retail | 2025Others | 2025Total | Source |
|---|---|---|---|---|---|---|
| Revenue | ||||||
| – Recognised at a point in time$'000 | 6,804 | - | 42,324 | - | 49,128 | PDF p. 60 |
| – Recognised over time$'000 | 128,221 | - | - | 4,383 | 132,604 | PDF p. 60 |
| – Others$'000 | - | 43,502 | - | 4,972 | 48,474 | PDF p. 60 |
| Results | ||||||
| EBIT$'000 | (59,449) | (29,748) | 31,494 | 31,918 | (25,785) | PDF p. 60 |
| Finance costs$'000 | (17,074) | (4,189) | (490) | (22,589) | (44,342) | PDF p. 60 |
| Assets | ||||||
| Segment assets$'000 | 1,503,157 | 890,559 | 24,800 | 306,592 | 2,725,108 | PDF p. 60 |
| Investments in associated and joint venture companies$'000 | 389,565 | 1,534,959 | 155,392 | (679,681) | 1,400,235 | PDF p. 60 |
| Due from joint venture companies$'000 | 813 | - | 498 | 130,730 | 132,041 | PDF p. 60 |
| Liabilities | ||||||
| Segment liabilities$'000 | 59,791 | 13,384 | 10,629 | 15,596 | 99,400 | PDF p. 60 |
| Borrowings$'000 | 479,992 | 59,438 | - | 695,600 | 1,235,030 | PDF p. 60 |
| Other segment items | ||||||
| Capital expenditure$'000 | 156 | 2,981 | 4,062 | 1,155 | 8,354 | PDF p. 60 |
| Depreciation of property, plant and equipment$'000 | 21 | 576 | 8,733 | 2,045 | 11,375 | PDF p. 60 |
| Development cost included in cost of sales$'000 | 100,553 | - | - | - | 100,553 | PDF p. 60 |
| Finished goods included in cost of sales$'000 | - | - | 24,268 | - | 24,268 | PDF p. 60 |
| Amortisation of costs to obtain contracts$'000 | 6,195 | - | - | - | 6,195 | PDF p. 60 |
| Impairment loss on property, plant and equipment$'000 | - | - | 144 | - | 144 | PDF p. 60 |
Amounts in $'000. Single-value rows are printed only in the Total column.
2025 total shown as 'Total loss' (65,937) and 'Loss before income tax' (59,473).
| Item / unit | 2026Singapore | 2026Malaysia | 2026Australia | 2026China | 2026Hong Kong | 2026Others (mainly Japan) | 2026Total | Source |
|---|---|---|---|---|---|---|---|---|
| Group 2026 | ||||||||
| Revenue$'000 | 562,694 | 42,926 | 8,008 | 559 | - | 3,166 | 617,353 | PDF p. 60 |
| Non-current assets$'000 | 907,866 | 162,676 | 163,199 | 49,279 | 1,111,610 | 73,908 | 2,468,538 | PDF p. 60 |
Amounts in $'000. Main business segments operate in six geographical areas: Singapore, Malaysia, Australia, China, Hong Kong and Others, comprising mainly Japan.
| Item / unit | 2025Singapore | 2025Malaysia | 2025Australia | 2025China | 2025Hong Kong | 2025Others (mainly Japan) | 2025Total | Source |
|---|---|---|---|---|---|---|---|---|
| Group 2025 | ||||||||
| Revenue$'000 | 166,652 | 52,052 | 7,757 | 868 | - | 2,877 | 230,206 | PDF p. 60 |
| Non-current assets$'000 | 889,382 | 112,841 | 162,628 | 68,911 | 1,140,891 | 72,236 | 2,446,889 | PDF p. 60 |
Amounts in $'000.
Debt
| Item / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Interest rate exposure / repricing | |||||
| Less than 1 year$'000 | 225,075 | 517,439 | 99,887 | - | PDF p. 49 |
| Between 1 and 2 years$'000 | 99,558 | 99,766 | 99,558 | 99,766 | PDF p. 49 |
| Between 2 and 5 years$'000 | 318,980 | 419,872 | 298,901 | 397,881 | PDF p. 49 |
| Over 5 years$'000 | 198,216 | 197,953 | 198,216 | 197,953 | PDF p. 49 |
Header: Exposure of borrowings of the Group and the Company to interest rate changes and the contractual repricing dates at the end of the reporting period. Total row (841,829 1,235,030 696,562 695,600) equals total borrowings.
| Item / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Current | |||||
| Secured bank loans$'000 | - | 37,447 | - | - | PDF p. 49 |
| Unsecured medium term notes due in 2027$'000 | 99,887 | - | 99,887 | - | PDF p. 49 |
| Total current borrowings (subtotal, unlabelled)$'000 | 99,887 | 37,447 | 99,887 | - | PDF p. 49 |
| Non-current | |||||
| Secured bank loans$'000 | 145,267 | 501,983 | - | - | PDF p. 49 |
| Unsecured bank loan$'000 | 99,558 | 99,350 | 99,558 | 99,350 | PDF p. 49 |
| Unsecured medium term notes due in 2027$'000 | - | 99,766 | - | 99,766 | PDF p. 49 |
| Unsecured medium term notes due in 2028$'000 | 99,653 | 99,514 | 99,653 | 99,514 | PDF p. 49 |
| Unsecured medium term notes due in 2029$'000 | 99,526 | 99,367 | 99,526 | 99,367 | PDF p. 49 |
| Unsecured medium term notes due in 2030$'000 | 99,722 | 99,650 | 99,722 | 99,650 | PDF p. 49 |
| Unsecured medium term notes due in 2032$'000 | 198,216 | 197,953 | 198,216 | 197,953 | PDF p. 49 |
| Total non-current borrowings (subtotal, unlabelled)$'000 | 741,942 | 1,197,583 | 596,675 | 695,600 | PDF p. 49 |
| Total | |||||
| Total borrowings (unlabelled)$'000 | 841,829 | 1,235,030 | 696,562 | 695,600 | PDF p. 49 |
(b) The Group's secured borrowings are generally secured by mortgages on certain investment properties (Note 19) and property, plant and equipment (Note 20) and assignment of all rights and benefits with respect to the properties.
(c) For the Group's and the Company's major non-current borrowings, the Group and the Company are required to comply with financial covenants, including consolidated tangible net worth and prescribed ratios of: (i) consolidated total borrowings to consolidated tangible net worth; (ii) consolidated total liabilities to consolidated tangible net worth; (iii) loan to security value; and (iv) total commitments to total security value. The Group and the Company have complied with these covenants throughout the reporting period.
(d) The fair values of secured and unsecured bank loans are not significantly different from their carrying amounts. The fair value of unsecured medium term notes of $624.2 million (2025: $610.5 million) is computed using the discounted cash flow method ... categorised under Level 2.
Subtotal and total rows have no printed label.
| Item / unit | 2026Less than 1 year | 2026Between 1 and 2 years | 2026Between 2 and 5 years | 2026Over 5 years | Source |
|---|---|---|---|---|---|
| Group 2026 | |||||
| Lease liabilities$'000 | 3,516 | 1,574 | 1,015 | 455 | PDF p. 56 |
| Borrowings$'000 | 131,483 | 210,892 | 395,679 | 207,261 | PDF p. 56 |
Maturity profile of financial liabilities based on contractual undiscounted cash flows (include interest). Balances due within 12 months equal their carrying amounts as the impact of discounting is not significant.
| Item / unit | 2025Less than 1 year | 2025Between 1 and 2 years | 2025Between 2 and 5 years | 2025Over 5 years | Source |
|---|---|---|---|---|---|
| Group 2025 | |||||
| Lease liabilities$'000 | 4,103 | 2,419 | 572 | 361 | PDF p. 56 |
| Borrowings$'000 | 79,535 | 140,938 | 978,292 | 214,921 | PDF p. 56 |
Group 2025 block appears in the right-hand page column, under heading 'Group 2025'.
| Item / unit | 2026Less than 1 year | 2026Between 1 and 2 years | 2026Between 2 and 5 years | 2026Over 5 years | Source |
|---|---|---|---|---|---|
| Company 2026 | |||||
| Borrowings$'000 | 126,569 | 122,923 | 333,553 | 207,261 | PDF p. 56 |
No lease liabilities row printed for the Company.
| Item / unit | 2025Less than 1 year | 2025Between 1 and 2 years | 2025Between 2 and 5 years | 2025Over 5 years | Source |
|---|---|---|---|---|---|
| Company 2025 | |||||
| Borrowings$'000 | 27,923 | 127,519 | 449,764 | 214,921 | PDF p. 56 |
| Item / unit | 2026Group | 2025Group | Source |
|---|---|---|---|
| Current | |||
| Lease liabilities$'000 | 3,327 | 3,878 | PDF p. 49 |
Non-current lease liabilities row is present on the page (2026 value 3,213 / 2025 value 2,844 appear misaligned in the text layer) and was not extracted to avoid mis-assignment.
| Item / unit | 2026Group SGD | 2026Group MYR | 2026Group HKD | 2026Group AUD | 2026Group USD | 2026Group Others | 2026Group Total | Source |
|---|---|---|---|---|---|---|---|---|
| Financial liabilities | ||||||||
| Borrowings$'000 | (781,541) | - | - | (40,209) | - | (20,079) | (841,829) | PDF p. 53 |
| Item / unit | 2025Group SGD | 2025Group MYR | 2025Group HKD | 2025Group AUD | 2025Group USD | 2025Group Others | 2025Group Total | Source |
|---|---|---|---|---|---|---|---|---|
| Financial liabilities | ||||||||
| Borrowings$'000 | (1,175,592) | - | - | (37,447) | - | (21,991) | (1,235,030) | PDF p. 53 |
| Item / unit | 2026Company SGD | 2026Company HKD | 2026Company AUD | 2026Company USD | 2026Company JPY | 2026Company Others | 2026Company Total | Source |
|---|---|---|---|---|---|---|---|---|
| Financial liabilities | ||||||||
| Borrowings$'000 | (696,562) | - | - | - | - | - | (696,562) | PDF p. 53 |
| Item / unit | 2025Company SGD | 2025Company HKD | 2025Company AUD | 2025Company USD | 2025Company JPY | 2025Company Others | 2025Company Total | Source |
|---|---|---|---|---|---|---|---|---|
| Financial liabilities | ||||||||
| Borrowings$'000 | (695,600) | - | - | - | - | - | (695,600) | PDF p. 54 |
| Item / unit | 2026Group | 2025Group | 2026Company | 2025Company | Source |
|---|---|---|---|---|---|
| Capital risk | |||||
| Borrowings$'000 | 841,829 | 1,235,030 | 696,562 | 695,600 | PDF p. 57 |
| Net debt$'000 | 462,372 | 831,511 | 551,588 | 464,577 | PDF p. 57 |
| Net gearing ratioratio | 0.15 | 0.29 | 0.53 | 0.46 | PDF p. 57 |
Net gearing ratio is net debt divided by equity attributable to equity holders of the Company; net debt is borrowings less cash and cash equivalents.
Payout
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Special dividend | 1 cents per share | Proposed for FY ended 30 June 2026 | PDF p. 52 |
| First and final dividend of 3 cents (2025: 3 cents) per share | 3 cents per share | Comparative year 2025, paid in FY2026 in respect of preceding financial year; Group and Company | PDF p. 52 |
| Cash dividends per share (cents) | 4.00 cents | Five-year summary, FY2026 (2025: 3.00; 2024: 3.00; 2023: 5.00; 2022: 6.00) | PDF p. 22 |
Extracted from Wing Tai Holdings 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 |
|---|---|---|---|
| Auditor | PricewaterhouseCoopers LLP | Group | PDF p. 27 |
| Engagement partner | Chua Chin San | Group | PDF p. 27 |
| Item | Value | Period / scope | Source |
|---|---|---|---|
| Valuation of development properties | As at 30 June 2026, the carrying amount | Group | PDF p. 25 |
Extracted from Wing Tai Holdings 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 Wing Tai Holdings Limited Annual Report 2026, including retrospective adjustments. Adjusted and reported earnings may have different definitions; refer to each statement’s notes.
Amounts are Singapore dollars in thousands except per-share figures in Singapore cents or Singapore dollars as stated. Group and Company scopes are separately identified. Original dashes and parentheses are retained.
The FY2026 cash dividend of 4 cents includes a recommended first and final dividend of 3 cents and special dividend of 1 cent. Note 29 states these proposed dividends are not recognised in these financial statements and will be accounted for in FY2027.
Five-year comparisons are those disclosed in the FY2026 annual report. The report discloses weighted average ordinary shares of 763,649 / 762,572 / 761,124 / 760,185 / 765,274 thousand for FY2026 through FY2022. Full historical original-report backfill remains incomplete.
Equity and financing-liability movements preserve the original components and split FY2026/FY2025 blocks. Physical PDF pages contain spreads; printed page numbers differ from physical source links.
These tables show the available extracted figures. The original annual report contains the full statements, notes and definitions.