Lion Asiapac (BAZ) investor relations material

Executive summary

• Q1 FY2027 revenue fell 49% YoY to S$4.1m amid lower trading orders and reduced roofing solutions activity; continuing-operations profit after tax was S$16k vs S$221k.

• Total comprehensive income was S$130k, including a S$457k fair-value gain on financial assets and S$343k of foreign currency translation losses.

Financial highlights

• Revenue was S$4.125m, down 49% YoY; goods and materials used fell 53% to S$2.931m, consistent with lower activity.

• Profit before tax from continuing operations was S$69k vs S$393k; income tax expense fell 69% to S$53k.

• Other income and gains declined 30% to S$199k, mainly due to lower interest income and no FX translation gains, partly offset by a trade-receivables impairment reversal.

• Other expenses decreased 43% to S$326k, primarily due to lower transportation costs; finance costs were S$68k vs S$62k.

Outlook and guidance

• Amid continued global economic uncertainty, the operating environment is expected to be more challenging and competitive; priorities include prudent cost management, efficiency and stronger customer relationships.

• Investment opportunities will continue to be evaluated cautiously, with a focus on sustainable growth and long-term shareholder value.