Reclaims Global 1H FY27 profit rises 53.1% to S$3.8 million; revenue climbs 52.9% to S$33.31 million
Reuters2026/09/11 10:21Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
A welcome pack worth 6200 USDT for new users! Sign up now!
- Reclaims Global posted 1H FY2027 profit attributable to owners of S$ 3.8 million, up 53.1%; EPS rose to 1.47 Singapore cents.
- Revenue climbed 52.9% to S$ 33.31 million, led by excavation services at S$ 24.12 million, up 47.3%.
- Income tax expense increased to S$ 950,000 from underprovided prior-year tax; effective tax rate rose to 20%.
- Cash and cash equivalents fell to S$ 12.21 million from heavy investing, including S$ 40.38 million for an investment property.
- Management cited stronger market demand, while remaining cautious on global uncertainties despite a robust Singapore construction pipeline.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Reclaims Global Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: GH8XQUTYZY0VA1FF) on September 11, 2026, and is solely responsible for the information contained therein.
0
0
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
TD posts transcript of Scotiabank Financials Summit presentation
Reuters•2026/09/11 19:40
30-Year Treasury Yield Rises to 5.354% This Week -- Data Talk
Dow Jones•2026/09/11 19:38
10-Year Treasury Yield Rises to 4.974% This Week -- Data Talk
Dow Jones•2026/09/11 19:38