CTR HOLDINGS (01416) issues a positive profit alert, expecting profit of not less than approximately S$10.8 million for the six months ended August 31, 2026, representing a year-on-year increase

Zhitong Finance APP News, CTR HOLDINGS (01416) announces that, based on a preliminary review of the unaudited management accounts of the Group for the six months ended August 31, 2026 (the Period), the Group expects to record a profit of not less than approximately S$10.8 million for the Period, compared with a profit of approximately S$6.9 million for the six months ended August 31, 2025. The main reason is (among other factors) that the Group achieved higher gross profit from construction projects, with the gross profit margin rising from approximately 10.3% to approximately 14.8%, which was due to revenue growth resulting from the on-time delivery of large-scale construction projects, together with accelerated execution of major contracts.