Link: https://links.sgx.com/1.0.0/corporate-announcements/97MQ8A1GSVLWFSSW/41dcf2c401836667f81ad30a3f68ea8c2d5da855e030a730a78ce9c160586e78

Summary:

• Achieved strongest financial performance since the pandemic, with net profit doubling to S$15.6 million (from S$7.4 million) for FY2025, driven by completion of major construction and fit-out projects.

• Core construction business contributed S$342.1 million (74% of revenue), supported by new contracts: The Robertson Opus (S$190.4M), Hotel Indigo Changi Airport (S$120.6M), and 51 Anson Road (S$90M); current order book at ~S$980M.

• Spun off Lum Chang Creations Limited (interior fit-out arm), which listed on the Catalist Board of SGX in July 2025 and remains 71% owned.

• Maintained robust balance sheet, recommended total dividends of 4.0 cents per share (including special and interim).

• Maintained steady property revenue (S$14.4M); Malaysian Twin Palms development sold 10 landed homes in FY2025, with 94% of the launched units now sold.

• Received multiple industry awards, including BCA Project of the Year for Mandai Rainforest Resort and RoSPA Gold for safety excellence.

• Strengthened digitalization and sustainability, integrating energy-saving solutions, recycled materials, and climate risk assessments; expanded reporting on sustainability and employee well-being.

• Continues to focus on operational excellence, selective tendering, and disciplined cost management amid global headwinds and rising costs, positioning for long-term value and resilience.