KWAN YONG (09998) has released its annual results for the year ended 30 June 2026, with the group recording revenue of S$222 million, a decrease of 7.26% year-on-year; profit attributable to shareholders of the company amounted to S$19.8 million, an increase of 55.03% year-on-year; earnings per share were 2.48 Singapore cents.
The announcement stated that the decline in revenue was mainly due to the completion timing and completion stages of the group's project portfolio, with the level of construction activity recognized for the year ended 30 June 2026 being lower than that of the previous financial year.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments