Sanli Environmental Limited, listed on SGX Catalist, reported an 18.3% increase in revenue to S$85.3m for the first half of 2027, largely due to its Engineering, Procurement and Construction (EPC) segment and chemical manufacturing business. The company’s order book stood at S$699.5m as of 30 September 2026, comprising mainly water and wastewater treatment projects for both private and public sectors, including PUB and LTA.
The EPC segment was a significant contributor, with revenue rising 47.9% to S$68.2m, attributed to projects awarded in FY2026. Despite this growth, Sanli’s gross profit fell by 25.7% to S$6.9m, and net profit dropped 82.7% to S$0.6m, impacted by lower-margin EPC projects and increased raw material costs. The absence of a one-off property disposal gain from the previous year also affected profitability.
The Operations and Maintenance (O&M) segment emerged as the largest gross profit contributor, with a 267.7% increase to S$4.0m. Meanwhile, revenue from Emerging Business Segments, including magnesium hydroxide slurry production, rose to S$1.0m from S$0.6m.
CEO Sim Hock Heng noted the company’s focus on operational efficiency and cost management amidst margin pressures. Sanli’s diversification into complementary environmental businesses aims to enhance resilience and seize new opportunities in the sector. The company continues to prioritise timely execution of its substantial order book, ensuring ongoing project pipeline visibility.
