Sheffield Green Ltd., a prominent human resource services provider for the renewable energy sector, has announced a significant financial upturn for the fiscal year ending 30 June 2026. The company reported a 19.9% year-on-year increase in revenue, reaching $23.18m, alongside a 51.3% rise in net profit to $1.47m.
The company’s gross profit also saw a notable increase of 24.9%, amounting to $6.77m, with the gross profit margin expanding to 29.2%. A key highlight of the financial year was the growth of Sheffield Green’s training segment, now operating under the name Trainergy, which accounted for 7.3% of the group’s revenue, a significant rise from 1.1% in the previous year.
Chief Executive Officer Kee Boo Chye remarked, “FY2026 was the year in which our diversification strategy began to show through in the numbers. Revenue grew close to 20 per cent, and our training business went from around one per cent of Group revenue to more than seven per cent.” He further highlighted the strategic consolidation of training centres under Trainergy and a promising agreement with Vestas in Taiwan.
The company ended the year in a strong financial position, with net cash of $5.97m and all borrowings fully repaid. A final dividend of 0.30 Singapore cents per ordinary share has been recommended, bringing the total FY2026 dividends to 0.50 Singapore cents per share.
Looking ahead, Sheffield Green aims to address the industry’s skilled technician shortage, which is projected to reach hundreds of thousands over the next five years, by continuing to invest in its training capabilities.
