Reclaims Global 1H FY27 profit rises 53.1% to S$3.8 million; revenue climbs 52.9% to S$33.31 million
Reuters2026/09/11 10:21- Reclaims Global posted 1H FY2027 profit attributable to owners of S$ 3.8 million, up 53.1%; EPS rose to 1.47 Singapore cents.
- Revenue climbed 52.9% to S$ 33.31 million, led by excavation services at S$ 24.12 million, up 47.3%.
- Income tax expense increased to S$ 950,000 from underprovided prior-year tax; effective tax rate rose to 20%.
- Cash and cash equivalents fell to S$ 12.21 million from heavy investing, including S$ 40.38 million for an investment property.
- Management cited stronger market demand, while remaining cautious on global uncertainties despite a robust Singapore construction pipeline.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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