Summary:

• GKE Corporation posted a 57.5% year-on-year drop in net profit attributable to shareholders to S$1.9 million for 1H FY26, even as revenue rose 5.3% to S$66.5 million on new telecom retail and agriculture contributions​

• Group gross profit fell 9.2% to S$17.7 million and gross margin narrowed to 26.6% from 30.8%, pressured by a weaker warehousing and logistics performance, lower ready-mix concrete sales and start-up expenses in Dubai​

• Profit before tax slumped 52.1% to S$3.2 million, weighed down by the absence of a S$1.1 million gain on intangible asset disposal booked in 1H FY25 and higher legal, professional and retail segment costs, partly offset by improved credit loss provisions in China​

• Net asset value climbed to S$107.8 million as at 30 November 2025 from S$100.1 million at end-FY25, with cash and short-term deposits increasing to S$34.6 million and long-term borrowings reduced to S$24.6 million​

• The board maintained its shareholder payout track record, declaring an interim dividend of 0.05 Singapore cents per share, payable on 13 February 2026, even as management flagged near-term earnings volatility amid heavy capex and macro headwinds​

• Management highlighted key strategic moves, including a planned S$120 million Dubai logistics expansion, in-principle SGX approval to spin off the China infrastructural materials arm, a 20-year lease extension at 7 Kwong Min Road and an S$8.53 million share placement to fund growth​