LHT Holdings (BEI) investor relations material

Executive summary

• HY2026 revenue fell 21.1% YoY to S$11.41m; the period swung to a net loss of S$493k from profit of S$1.34m.

• Lower pallet demand and competitive conditions, cessation of woodchip production and sales, and lower other income weighed on performance.

Financial highlights

• Gross profit declined 19.7% to S$4.08m; gross margin improved to 35.7% from 35.1%.

• Other income decreased 45.5% to S$904k; administrative expenses rose 4.2% to S$4.33m and other expenses increased 109.7% to S$195k.

• Loss before income tax was S$269k versus profit of S$1.82m; net loss was S$493k versus net profit of S$1.34m.

• Operating cash flow was an outflow of S$149k versus inflow of S$2.73m; investing cash inflow was S$24.84m, mainly from fixed-deposit withdrawals.

Outlook and guidance

• The operating environment is expected to remain competitive and challenging for the rest of FY2026 amid global economic uncertainty, inflationary pressures and geopolitical developments.

• H2 focus: strengthen pallet sales and rental, and stabilize relocated production while improving productivity, product quality, service reliability and efficiency.