Link: https://links.sgx.com/1.0.0/corporate-announcements/VJCYM67HRR4QPC18/19de38a5dbebedf200e194fb5f49178da852a3b6022bcbfd47ecbd0a3d5a633a

Summary:

• Group revenue grew to S$4.03 million, up 16% from S$3.46 million in the prior period, driven by better project mix and pricing.

• Gross profit more than doubled to S$797,000 from S$397,000.

• Net profit attributable to owners increased to S$325,000, compared to S$103,000 previously.

• Decline in other income and interest income offset some gains; prior period included a S$100,000 gain on asset disposal.

• Cash and cash equivalents rose to S$1.79 million; other financial assets remained stable at S$9.94 million.

• No interim dividend declared as the Group continues to monitor profitability.

• Concrete pumping remains the main business, expecting ongoing pricing pressure from competitors in the next 6–12 months.

• The Group plans ongoing reinvestment in its fleet to improve efficiency and productivity.