Investor Exchange

Covering SGX-listed company announcements in easy-to-understand language.

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Episodes

Tuesday Nov 25, 2025

OneApex Limited’s FY2025 results highlight a sharp reversal in financial performance, recording a net loss after tax compared to the prior year’s net profit. This major change is largely due to the recognition of significant property development revenue in the previous financial year, with the current year relying mostly on property management fees. The Group also completed the disposal of its financial services segment early in the reporting period. Management is now concentrating on selling the remaining property unit and monitoring the market for suitable acquisition opportunities.
 
• The substantial revenue decline for continuing operations was linked to the major recognition of property sales in the preceding financial year, with no similar sales occurring in FY2025
 
• The Group strategically divested its financial services operations, which are now classified as discontinued
 
• Due to the recorded loss, no dividend was recommended, prioritizing cash retention for future growth

Tuesday Nov 25, 2025

Kimly Limited navigated challenging macroeconomic headwinds in the F&B sector by building resilience and focusing on key strategic initiatives. The presentation details successful expansion, securing new outlets in high foot traffic heartlands, and implementing operational enhancements. Significant effort was dedicated to diversifying menu offerings through chef collaborations and new food concepts, ensuring the Group remains relevant to evolving consumer preferences.
 
• Strategic acquisitions solidified the Group’s presence in heartland estates, strengthening the foundation for growth and market stability
 
• Operational capabilities were boosted through outlet revitalisation, streamlined kitchen layouts, and technology adoption to manage manpower and efficiency challenges
 
• The introduction of new heritage and fusion dishes, alongside international collaborations, diversified the menu to meet the evolving tastes of today’s diners

Tuesday Nov 25, 2025

Thai Beverage PLC's financial year saw overall revenue and profit declines, impacted by soft consumer sentiment and economic challenges. However, the Beer business was resilient, achieving net profit growth through efficiency gains, contrasting with struggles elsewhere.
 
• Increased investment in brand building and currency fluctuation squeezed the Spirits segment’s profits
 
• The Food segment posted a net loss driven by higher operational costs tied to restaurant expansion and weaker demand
 
• Non-Alcoholic Beverages saw profit decrease due to expiring tax incentives and high brand spending

Monday Nov 24, 2025

Net Pacific Financial Holdings reported a higher consolidated net loss for the first quarter ended 30 September 2025, reflecting persistent challenges across its diversified segments. The newly expanded businesses struggled with external economic factors and internal operational efficiency hurdles. Management is implementing significant strategic adjustments in key segments to enhance profitability and secure stronger market positioning moving forward.
 
• The Golf Business segment experienced losses as its operating costs exceeded revenue, driven by slowing consumer spending and intense competition from low-cost solutions in China
 
• Losses in the Luggage Business were attributed to the inability to achieve optimal production efficiency, primarily resulting from project delays caused by client-driven factors like design variations and prolonged development cycles
 
• The Financing Business segment recorded lower profit compared to the preceding period because it lacked a non-recurring positive reversal of expected credit loss that was recorded previously

Sunday Nov 23, 2025

BRC Asia Limited achieved a record net profit for the full year 2025, primarily driven by strong market demand and the conversion of a robust sales order book into deliveries. The Group saw increased revenue and gross profit, particularly in the latter half of the year, while simultaneously realizing substantial reductions in finance costs due to improved operating cash flow and lower interest rates. The strong financial footing and strategic acquisition activity position the company to fully engage in the projected domestic construction upcycle.
 
• The outstanding sales order book provides multi-year earnings visibility, bolstered by major infrastructure project wins, including a significant airport substructure contract
 
• Strategic actions strengthened the Group’s regional presence through the acquisition of a new subsidiary, extending its reach in overseas markets
 
• Operating performance benefited from efficient financial management, including reduced interest expenses and lower net foreign exchange losses

Friday Nov 21, 2025

The 3Q25 review for Sri Trang Gloves (Thailand) reveals a rebound in sales volume, fueled by renewed purchase orders after clarity on US tariffs. However, profitability margins were constrained by fierce industry competition and adverse currency appreciation. Financially, the company shows improved liquidity and maintains a healthy balance sheet with strong operating cash flow. Management continues to prioritize production efficiency through technology, market expansion across regions, and strong adherence to ambitious environmental, social, and governance (ESG) commitments.
 
• How did the resumed purchase orders, following regulatory clarity, drive an increase in sales volume during this performance period?
 
• Explore the strategic adoption of automation and Artificial Intelligence to boost operational efficiency and enhance product quality across manufacturing lines
 
• Discover how intense market competition and unfavourable currency appreciation impacted overall gross margins and profitability

Friday Nov 21, 2025

The latest performance review highlights a challenging period dominated by global market uncertainties and declining rubber prices, resulting in a net loss, a reversal from the previous year's profit. Despite these pressures, the Group sustained strong financial resilience, effectively managing liquidity and maintaining a solid capital structure. Strategic efforts continued to focus on core operations and advancing sustainability commitments.
 
• The market grappled with heightened caution and delayed purchases, largely stemming from prolonged uncertainty surrounding international reciprocal tariff policies
 
• The glove business experienced stronger sales volume as certain customer orders that were previously postponed finally returned to the order books
 
• Prudent management resulted in a significant reduction in liabilities, achieved mainly through the repayment of short-term institutional borrowings

Friday Nov 21, 2025

GDS Global Limited achieved a financial turnaround for the full year ended 30 September 2025, moving from a prior year net loss to a net profit. This recovery was fueled by strong revenue growth, especially from door and shutter systems projects and export sales. Management is building on this momentum by strengthening its business foundation and pursuing opportunities in premium security solutions.
 
• Witness the company’s decisive return to a profitable financial performance
 
• Understand the key role of specialized fire-insulated and blast-mitigating solutions in the Group’s growth strategy
 
• See how robust operating activities led to a positive shift in cash flow and the maintenance of a healthy cash position with zero borrowings

Friday Nov 21, 2025

United Food Holdings Limited released condensed interim financial statements detailing a period of significant corporate upheaval and financial strain. The company is navigating a mandatory delisting notice from the SGX-ST and is currently arranging to finalize a fair and reasonable exit offer for shareholders. Amid accumulating losses, the Group has also classified major operations—including its additive related and animal feed/traditional medicine segments—as discontinued, pending potential disposal. Furthermore, the figures have not been audited or reviewed, raising concerns about internal controls and liquidity.
 
• Explore the fate of the company following a notice of delisting from the Official List of the Singapore Exchange Securities Limited
 
• Uncover the management’s decision to classify several key business interests as discontinued operations ahead of a planned disposal
 
• Investigate the controversy surrounding the results, including director concerns over unresolved audit issues, a lack of professional guidance, and internal control weaknesses

Tuesday Nov 18, 2025

This episode delves into the operations and strategic outlook of HG Metal Manufacturing Limited, a company with over fifty years of experience as a trusted leader in steel solutions. Despite facing global challenges, including a worldwide oversupply of steel and associated downward pressure on prices, the Group reported resilient underlying financial stability. The presentation highlights the Group's comprehensive services, strategic transformation focusing on digitalisation, and efforts to optimise costs and capacity to strengthen its market position in Southeast Asia.
 
• Discover how the Group, a key player in the construction steel supply chain, is capitalising on major public infrastructure and housing projects in Singapore
 
• Learn about the integrated end-to-end solutions offered, ranging from global sourcing and distribution to advanced fabrication for construction projects
 
• Explore the Group’s strategic response to volatile market conditions, including measures to adopt agile procurement and secure long-term client contracts for order book stability

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