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Lincotrade profit surges, dividend climbs

Lincotrade & Associates Holdings Limited has reported a significant increase in its net profit for the first half of the financial year 2026, reaching S$3.9m, a substantial rise from the S$2.6m recorded for the entire financial year 2025. This impressive growth is attributed to a 58.2% surge in revenue, driven by strong performances in the commercial and residential segments, and a record order book of S$117.2m as of 31 December 2025.

The company’s gross profit nearly doubled to S$8.0m, supported by higher-margin commercial projects and effective cost management, particularly at its China subsidiary. Lincotrade’s Executive Director and CEO, Jackie Soh Loong Chow, credited the success to strategic initiatives and operational efficiencies, stating, “Our strategic initiatives over the past few years have gained strong momentum, yielding tangible results in our financial performance.”

In recognition of its robust financial performance, Lincotrade has announced an interim dividend of 0.88 Singapore cents per share, surpassing the final dividend of 0.66 Singapore cents per share for FY2025. This interim dividend represents a payout of approximately 41% of the net profit attributable to owners, exceeding the company’s dividend policy of at least 20%.

Looking ahead, Lincotrade aims to leverage its momentum to strengthen its order book and enhance operational capabilities, with a focus on data centre projects. The company has also expanded its operations with new subsidiaries in Singapore, Malaysia, and China, positioning itself for further growth in the region.

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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