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TeleChoice revenue surges 31% amid market challenges

TeleChoice International Limited has reported a robust start to the financial year 2026, with a 31% increase in revenue for the first quarter ending 31 March 2026. The Group’s revenue reached S$146.86m, up from S$111.8m in the same period last year. Profit before tax also saw a substantial rise, increasing by 78% to S$2.32m compared to S$1.3m in Q1 2025.

The Personal Communications Solutions Services (PCS) division was a major contributor, with revenue climbing 24% to S$101.13m and profit before tax surging 87% to S$2.09m. The division’s success was largely driven by its Malaysian operations, which benefited from a renewed fourth-party logistics contract with U Mobile Sdn Bhd. However, the Singapore operations faced challenges due to lower margins and increased marketing expenses.

The Info-Communications Technology Services (ICT) division reported a 79% revenue increase to S$27.09m, with a modest 20% rise in profit before tax. This growth was primarily attributed to the Digital Infrastructure business, which secured significant projects across various sectors, including a S$8m storage leasing arrangement with a financial institution.

Meanwhile, the Network Engineering Services (NES) division achieved a 22% revenue increase to S$18.64m, with profit before tax rising by 31%. The division’s Indonesian operations were pivotal, securing a S$24m order for coolant distribution units.

Looking ahead, TeleChoice anticipates stable business performance for FY2026, supported by ongoing demand in telecommunications and ICT sectors. The Group is also awaiting the outcome of a tender for a data centre project in Malaysia, which could further enhance its performance.

This story was selected and published by a human editor, with content adapted from original press material using AI tools. Spot an error? Report it here.

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