Link: https://links.sgx.com/1.0.0/corporate-announcements/OPPC8RZZHFSSZFKN/f478b4b2b6e49d16c5d362d268deeb62fc1573354c2717988bad9f6895362a32

Summary:

• Revenue: S$84.8 million (up 11% YoY), led by 24% growth in Project Services to S$44.6m; Maintenance Services stable at S$40.2m.

• Profit: Operating profit net of tax S$10.3m (+14%); net profit attributable to shareholders S$8.3m (down 3%) after a S$1.4m FX loss vs S$0.9m gain last year; net margin 9.8% (down 1.4ppt).

• Margins/EBITDA: Gross profit S$19.2m (+9%); gross margin 22.6% (-0.5ppt); EBITDA S$12.9m (-8%); EBITDA margin 15.3% (-3.2ppt).

• Order book: S$184.9 million as at 30 Jun 2025, including S$48.7m new wins across cleanroom, air and water, scaffolding, precision engineering, and petrochemical/environmental engineering.

• Dividend: Interim dividend of 0.8276 Singapore cent per share (~40% payout), implying ~4.1% annualised yield at S$0.40 share price.

• Outlook: Supported by recovery in semiconductor sector and Singapore’s Marine & Offshore Energy industry plan; monitoring geopolitical, inflation, and currency risks; focus on prudent cost/risk management and M&A opportunities.