Reclaims Global Posts Strong 1H2027 Performance with Net Profit Surging 53.1%; Interim Dividend of 0.25 Cent per Share Declared
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Revenue increased 52.9% to S$33.3 million in 1H2027, driven by stronger market demand across all three business segments.
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Net profit increased 53.1% to S$3.8 million, underpinned by revenue growth and improved operating performance.
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Continual cash generation from core operations, with net cash flows from operating activities increasing to S$8.7 million in 1H2027.
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Strategic investments to strengthen its asset base via two freehold property acquisitions, a commercial building at 291 Serangoon Road and an industrial property at 464 Tagore Industrial Avenue.
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Declared an interim dividend of 0.25 Singapore cent per share for 1H2027, following the completion of a 1-for-1 bonus issue in March 2026, representing a dividend payout of approximately 20%.
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Long-term industry prospects supported by Singapore’s pipeline of construction, infrastructure and land development projects.
Commenting on the Group’s performance in 1H2027, Mr. Tan Kok Huat, Executive
Director and Chief Executive Officer, said, “We are pleased to have started the first half of FY2027 on a strong note, reflecting stronger market demand across all our business segments and our continued focus on disciplined and effective execution.
During the period, we also made significant investments to strengthen the Group’s asset base and support our longer-term growth. At the same time, our core operations continued to generate healthy cash flows, with net cash flows from operating activities increasing to S$8.7 million, underscoring the resilience of our underlying business.
Looking ahead, we remain focused on strengthening our operations in Singapore while maintaining margin resilience and disciplined cost management. With a robust pipeline of public and private construction projects in Singapore, we believe the Group remains well positioned to pursue sustainable growth ahead.”
On the interim dividend payment in 1H2027, Mr. Tan added, “Our continued profitability and healthy cash generation from our core operations have enabled us to maintain our commitment to rewarding shareholders via dividends.
While we continue to invest in strengthening the Group’s capabilities and asset base, we remain committed to maintaining a disciplined approach to capital allocation and delivering sustainable long-term value for our shareholders.”
See link for full media release: https://links.sgx.com/FileOpen/RGL-Press%20Release%201H2027.ashx?App=Announcement&FileID=904033