Link: https://links.sgx.com/1.0.0/corporate-announcements/5AP2QA3ID0DLVO6N/1ff1ae6d7f2f51d211fc991d1299a291af05b4453860d2d54983e4a74a7dad59

Summary:

• Group revenue for Q1 ended 30 September 2025 jumped 88% year-on-year to S$8.0 million, driven by higher trading orders and increased supply of roofing solutions.

• Net loss after tax was S$7.2 million, sharply up from a S$0.3 million loss in prior year; loss attributable to owners was S$7.4 million.

• Higher other income mainly from S$1.9 million gain on disposal of subsidiary Compact Energy Sdn. Bhd.; proceeds raised cash and triggered S$9.3 million FX reserve derecognition.

• Operating cash flow improved; cash and cash equivalents climbed by S$10.4 million to S$52.2 million after disposal proceeds.

• Segmental highlights: Roofing solutions segment profitable (S$0.3 million), trading breakeven, investment holding reported S$0.2 million loss.

• Group to focus on roofing and trading businesses post-disposal, actively exploring new investment opportunities.

• No dividend declared; management preserving cash for strategic growth given ongoing macroeconomic uncertainty.