Choo Chiang Holdings (42E) H1 2026 earnings summary

Executive summary

• H1 2026 revenue rose 7.3% YoY to $46,070k; profit for the period increased 54.7% to $6,456k.

• Profit growth reflected stronger distribution gross margins and a $1,502k gain on disposal of an investment property.

Financial highlights

• Gross profit rose 17.7% to $13,963k; gross margin increased to 30.3% from 27.6%.

• Profit before tax increased 49.0% to $7,531k; income tax expense was $1,075k, up 21.9%.

• Administrative and selling expenses rose 10.5% to $7,213k, including a one-off professional fee related to the Catalist-to-Mainboard listing transfer.

• Cash and cash equivalents were $38,449k at 30 June 2026, versus $37,178k at 31 December 2025; total assets were $96,566k.

Outlook and guidance

• Prioritising expansion of direct electrical and lighting solutions and strengthening Singapore market position through broader CCM and CRM product ranges.

• Investment property portfolio reshuffling will be assessed against market conditions and strategic considerations, with the aim of improving diversification, asset allocation and returns.