Link: https://links.sgx.com/1.0.0/corporate-announcements/XXZ7D2E4086SAUNH/4df2a0750e10e9b94be508778b2cd42fa2b7569a2fa345f6d74aa36af1e7e51e

Summary:

• Revenue: S$178.4 million (up 21.6% vs FY2024)

  • Retail: S$100.3m (+20.8%), driven by more outlets and e-commerce growth

  • Wholesale/Exhibition: S$73.6m (+23.1%), improved performance in exhibitions

  • Financial Services: S$4.5m (+15.9%), mainly from pawn broking

• Gross Profit: S$52.8 million (up 23.7%), margin steady at 29.6%

• Operating Profit: S$16.5 million (Retail), S$6.1m (Wholesale/Exhibitions), S$2.5m (Financial Services)

• Net Profit: S$12.5 million (up 22%), basic/diluted EPS: 2.24 cents (FY2024: 1.84 cents)

• Final Dividend: Proposed 0.268 cents per share (up from 0.179 cents in FY2024), subject to AGM approval; S$1.5 million total (FY2024: S$1.0m)

• Net Asset Value: 25.24 cents/share (up from 23.20 cents)

• Balance Sheet: Inventories up to S$130.5m (mainly new gold stock); total assets S$252.2m; net current assets S$134.8m; cash balance S$15.0m; short and long-term borrowings increased to S$67.8m

• Business Review & Outlook:

  • Expanded Singapore retail network and successful overseas exhibition shows boosted results.

  • Cautious on challenges: cost, gold price volatility, and global uncertainties, but focusing on cost and risk management, product innovation, and market share retention.

  • Group aims to continue retail and exhibition growth and prudent expansion.

TAKA Jewellery delivered double-digit growth in revenue and profit, improved its dividend, and remains optimistic about maintaining momentum with continued expansion and operational discipline.