Skylink Holdings Limited (SGX: XZB) has announced an improved set of financial results for the six months ended 30 September 2026 (1H2027), supported by growth across all three business segments within its integrated commercial mobility platform.

The Group recorded 27.5% year-on-year revenue growth to S$20.57 million, while gross profit surged 75.3% to S$6.76 million, reflecting improved operational scale and business efficiencies.

Key highlights of the 1H2027 results:

• Improved Financial Performance: Net profit attributable to shareholders increased 11.2% year-on-year to S$2.00 million, while gross profit margin expanded by 9.0 percentage points to 32.9%.

• Positive Operating Cash Flow: The Group generated S$5.74 million in net operating cash flow during 1H2027, reflecting the cash-generative nature of its integrated business model.

• Higher Shareholder Returns: Skylink declared an interim dividend of 0.30 Singapore cents per share, representing a payout ratio of approximately 40% of 1H2027 net profit, compared with approximately 33% for FY2026.

• Commercial Vehicle Leasing Growth: Segment revenue increased 15.6% to S$14.43 million, supported by an expanded fleet of 1,440 vehicles and a utilisation rate of approximately 95.1% as at 30 September 2026. Minimum contractual lease income stood at approximately S$27.90 million, providing recurring revenue visibility.

• Expansion in Credit Financing: The Group's hire-purchase loan book increased to approximately S$69.80 millionas at 30 September 2026, supported by continued origination of higher-yielding loans. In October 2026, Skylink completed a S$5.0 million non-dilutive Hire Purchase Bond issuance to fund further loan book expansion.

• Strong Engineering Segment Growth: Revenue from Engineering services surged 112.3% to S$4.24 million, driven by higher demand for maintenance, repair and overhaul (MRO) services and vehicle body customisation solutions.

Commenting on the Group's performance, Mr Wesley Shen, Executive Director and Chief Executive Officer of Skylink Holdings, highlighted that the improved results demonstrate the early potential of its integrated commercial mobility platform, with synergies across its leasing, credit financing and engineering operations contributing to stronger business efficiencies.

Looking ahead, Skylink expects its FY2027 financial performance to exceed FY2026, barring unforeseen circumstances, supported by organic growth initiatives, disciplined fleet expansion and potential earnings-accretive acquisitions.

The Group remains focused on strengthening its integrated commercial mobility platform and delivering sustainable long-term value to shareholders.

See link for full announcement: https://www.skylink-ir.com/newsroom