BBR Holdings (S) (KJ5) investor relations material

Executive summary

• 1H 2026 revenue fell 25.6% YoY to $85.2m, while gross profit rose 7.4% to $16.7m; profit attributable to equity holders was $0.2m.

• Profit before tax and fair value change increased 68.4% to $10.5m; an $8.1m investment-property fair value loss reduced reported profit before tax to $2.4m.

Financial highlights

• Revenue decreased $29.2m YoY to $85.2m as lower construction activity and post-tensioning revenue outweighed modest Accommodation Solutions growth.

• Gross profit rose $1.2m to $16.7m; other operating income increased to $5.5m, including a $2.4m gain on disposal of the Seelong factory.

• Administrative costs fell 11.2% to $2.2m; other operating costs rose 12.1% to $8.0m, reflecting higher staffing costs and business-development professional fees.

• Profit for the period was $0.35m versus $0.14m; equity-holder profit was $0.22m versus $0.51m, and basic and diluted EPS were 0.07 cents versus 0.16 cents.

Outlook and guidance

• Construction order book was approximately $494m at 30 June 2026; contracts exceeding $100m announced on 6 July are expected to start in 2026 and complete by 2029.

• Focus remains on cost discipline, timely project execution and prudent capital allocation; positioning was described as cautious amid industry uncertainty.

• Homestay Lodge maintained close to full occupancy; expansion opportunities in accommodation continue to be explored, alongside diversification into Senior Living and Investment Management.