KSH Holdings Limited has announced a significant financial turnaround for the fiscal year ending 31 March 2026, reporting a net profit of S$6.8m. This marks a substantial recovery from the previous year’s loss of S$5.9m. The construction and property development group attributes this success to a robust order book valued at S$965m, which provides a solid foundation for future earnings.
Despite a 17.4% decline in total revenue to S$149.9m, primarily due to the completion of several projects in the first half of the fiscal year, KSH has maintained profitability. Newly secured projects in the latter half of the year are expected to contribute to revenue in the coming periods. Executive Chairman and Managing Director Choo Chee Onn highlighted the group’s focus on timely delivery and cost management as key factors in sustaining profitability.
KSH’s property development ventures in Singapore, including The Arcady at Boon Keng and One Sophia, have shown promising progress with steady sales. The group’s share of unrecognised revenue from property development units sold stands at approximately S$187m, which will be recognised progressively.
The company also announced a proposed final dividend of 1.00 Singapore cents per share, bringing the total dividend for FY2026 to 1.50 Singapore cents per share. This move underscores KSH’s commitment to delivering sustainable shareholder returns.
Looking ahead, KSH remains optimistic about the long-term prospects of the Singapore construction sector, despite navigating a dynamic operating environment. The group continues to focus on prudent capital management and operational excellence to drive sustainable growth.
