Jadason Enterprises (J03) H1 2026 earnings summary

Executive summary

• HY2026 revenue rose 7.3% YoY to S$17.79m, while profit for the period fell to S$139k from S$897k and operating profit declined to S$155k from S$913k.

• Technology contributed S$4.94m of revenue following the January acquisition of Jadason Technology Limited and Metason Limited; core equipment and supplies revenue declined.

Financial highlights

• Revenue increased 7.3% to S$17.793m; cost of sales rose 3.0% to S$15.226m and gross profit increased 43.2% to S$2.567m.

• Operating profit was S$155k versus S$913k; profit before tax and profit for the period were both S$139k versus S$897k.

• Other operating income fell 59.6% to S$613k, mainly due to the absence of prior-period disposal and foreign-exchange gains.

• Operating cash flow was S$1.361m; investing cash outflow was S$211k and financing cash outflow was S$320k. Cash and cash equivalents per the cash flow statement ended at S$5.552m.

Outlook and guidance

• Historically, sales are higher in the second half, but past performance is not necessarily indicative of future sales trends.

• Plans include continued cost management and operational rationalisation, alongside leasing or disposing of used machines.

• Results were generally in line with the forecast or prospect statement announced on 27 February 2026.