Ksh Holdings Swings 53 Mil Profit 1hfy2026 Proposes Interim Dividend
KSH Holdings Sees Financial Turnaround
In a notable recovery, KSH Holdings reported a net profit of $5.3 million for the first half of the fiscal year 2026, ending on September 30. This marks a significant improvement from the $6.5 million loss recorded in the same period last year. The group’s revenue saw a healthy increase of 19.7% to reach $63.1 million, primarily fueled by vigorous construction activities and advanced progress on existing projects.
The company’s strengthened construction order book, now exceeding $500 million, coupled with a solid cash position of over $114 million, underscores its robust financial health. Furthermore, KSH Holdings has managed to reduce its gearing ratio to a mere 0.20 times.
In the competitive real estate market of Singapore, projects like Senja Close EC highlight the vibrant landscape of new developments. Similarly, KSH Holdings has seen steady sales in its property development joint ventures, including The Arcady at Boon Keng and One Sophia/The Collective at One Sophia, among others, with a notable $168 million in unrecognised revenue from sold units.
Global Operations and Shareholder Focus
On the international front, KSH Holdings continues to develop projects in China, though it faces a challenging market environment. Despite these challenges, the company remains committed to delivering shareholder value, evidenced by the proposed interim dividend of 0.50 Singapore cent per ordinary share.
Executive Chairman Choo Chee Onn expressed optimism about the company’s trajectory, attributing the return to profitability to disciplined management and a focus on quality growth. He also noted the emerging signs of recovery in key sectors, bolstered by lower interest rates and stabilizing inflation. However, he emphasized the importance of maintaining financial prudence in the face of global economic uncertainties.