Kingsmen Creatives (5MZ) H1 2026 earnings summary

Executive summary

• 1H 2026 revenue rose 3.9% YoY to S$168.5m; profit attributable to equity holders increased 49.9% to S$2.4m.

Financial highlights

• Gross profit fell 1.6% YoY to S$39.3m; gross margin narrowed to 23.3% from 24.6%.

• PBT rose 31.4% to S$3.0m; net profit after tax increased 52.6% to S$2.2m.

• Basic and diluted EPS rose to S$1.20 cents from S$0.79 cents, up 51.9%.

• Employee benefits expense declined 3.4% to S$29.9m, mainly from workforce right-sizing and lower performance-linked incentives.

• Other expenses fell 2.6% to S$7.0m, as lower FX and receivables impairment losses partly offset higher marketing costs and a S$0.5m deemed-disposal loss.

Outlook and guidance

• Secured contracts totaled S$392m as at 31 July 2026, with S$265m expected to be recognized in 2026.

• Growth momentum is expected to continue, supported by demand for immersive experiences and opportunities in retail and corporate environments.

• 1H results were generally in line with prior prospect commentary; no interim dividend was declared as cash is being retained for business operations.