CTR HOLDINGS Anticipates Significant Profit Surge in Latest Fiscal Year

Stock News05-22

CTR HOLDINGS (01416) has announced a positive profit alert. Based on a preliminary review of the group's unaudited consolidated management accounts for the year ended February 28, 2026, the group expects to achieve a profit of no less than approximately S$14.4 million for the current fiscal year. This represents a notable increase compared to the profit of S$7.7 million recorded in the previous financial year. The primary reasons for this growth, among other factors, include the timely delivery of multiple large-scale construction projects, coupled with the accelerated execution of significant contracts, which have driven revenue growth. Additionally, the group secured several major contracts during the year, contributing to higher overall earnings.

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