Link: https://links.sgx.com/1.0.0/corporate-announcements/4AHP3LH4HF7MU21A/7d2971021cc52f2e28d9056cd34f8db8d0b676f7739fdc755656a0989e62783f

Summary:

• Net profit for the six months ended 30 September 2025 reached S$531,000, reversing a net loss of S$499,000 in the prior period, mainly due to a S$1.07 million gain from the disposal of Rich Batam Private Limited.

• Revenue plunged 75% year-on-year to S$222,000 as most construction and consulting projects neared completion.

• Gross profit fell 72% to S$22,000, but gross margin improved slightly due to a higher proportion of subcontracting services with better margins.

• Operating cash outflow for the period was S$322,000; cash and equivalents decreased to S$2.06 million.

• Shareholder equity rose to S$2.43 million, while trade and other payables declined by 12% after project settlements.

• No interim dividend declared, with ongoing focus on securing new business, strategies for sector uncertainties, and prudent resource management for future expansion.