Aedge Group Limited has announced a return to profitability for the financial year ending 30 June 2026, reporting a net profit of S$2.4m. This marks a significant turnaround from a net loss of S$0.9m in FY2025. The group’s revenue increased by 36.9% year-on-year to S$38.4m, with notable growth in its Engineering Services and Investment Properties segments.
The Engineering Services segment saw a 57.6% rise in revenue to S$12.4m, attributed to new contract wins and completed projects. Meanwhile, the Investment Properties segment more than doubled its revenue, reaching S$3.5m, following improved occupancy and the commencement of rental income from a new dormitory facility.
Gross profit for FY2026 more than doubled to S$7.6 million, with the gross profit margin expanding by 6.7 percentage points to 19.7%. Earnings before interest, taxes, depreciation, and amortisation (EBITDA) also increased significantly to S$6.5m.
Executive Chairman and CEO, Poh Soon Keng, highlighted the company’s strategic focus on contract selection and asset utilisation as key factors in achieving these results. “This reflects the progress we have made in strengthening the fundamentals of the business,” he stated.
In line with its new dividend policy, Aedge declared an interim tax-exempt dividend of 0.57 cents per share, representing approximately 43% of net profit after tax. This dividend is set to be paid on 15 September 2026.
Looking ahead, Aedge anticipates continued growth in FY2027, supported by a strong pipeline of contracts and the expansion of its dormitory operations. The company remains vigilant about potential cost pressures, particularly in labour costs, as it seeks to build on its recent successes.
