King Wan says FY2026 revenue slump reflects project timing as order book hits $242.5 million

• King Wan responses to SIAS queries on its FY2026 annual report; revenue fell 49% to SGD 44.2 million as projects stayed in pre-construction.
• Gross margin turned to a 5.2% loss; staff costs held at SGD 15.4 million due to retaining a core engineering workforce.
• Order book rose to SGD 242.5 million at March 31, 2026; SGD 128.8 million of new contracts secured during the year.
• No material Middle East-related supply disruption flagged; some upward pressure seen in raw materials, fuel surcharges, diesel costs.
• Total shareholder return as at March 31, 2026: 5 years +19%, 10 years -72.5%, 15 years -35.8%, since IPO -23.4%.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. King Wan Corporation Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: E62GK1PYPZQX260W) on July 24, 2026, and is solely responsible for the information contained therein.