EGP Energy Corporation (EGX) investor relations material

Executive summary

• HY2026 revenue rose 157.4% YoY to S$30.72m; net profit increased 179.3% to S$6.06m, supported by higher project activity and improved gross margin.

• Adjusted for non-recurring IPO-related professional expenses, net profit was ~S$7.0m, up ~225% YoY, with a 23.0% margin versus 18.2%.

Financial highlights

• Gross profit rose 227.3% to S$10.10m; cost of sales increased 133.1% to S$20.62m alongside higher project execution.

• General and administrative expenses increased to S$2.84m from S$0.58m, including S$0.91m of non-recurring IPO-related professional fees.

• Finance costs were S$16,194, reflecting interest on lease liabilities; income tax expense rose to S$1.23m from S$0.45m.

• Operating cash flow was an outflow of S$9.03m versus an inflow of S$9.12m, primarily reflecting project working-capital absorption and S$2.08m of tax paid.

Outlook and guidance

• Order book stood at ~S$296.2m for progressive completion through 2031; results were consistent with profit guidance issued on 5 August 2026.

• Board outlook for the next 12 months was optimistic, supported by the order book, customer relationships, execution capabilities and strengthened balance sheet following the IPO.

• Expansion priorities include product and service capabilities, digitalisation, intelligent technologies, Malaysia and Indonesia, alongside selective tenders and potential partnerships, JVs and acquisitions.