Sichuan Holdings (01420) announced interim results, net profit attributable to shareholders of SGD 23.189 million, an increase of 276.08% year-on-year

According to the Zhitong Finance App, Sichuan Holdings (01420) announced results for the six months ended June 30, 2026. The group achieved revenue of SGD 136 million during the period, an increase of 148.48%; the company's owners should account for net profit of SGD 23.189 million, an increase of 276.08% over the previous year; and the basic profit per share was 1.8 Singapore cents.

According to the announcement, revenue growth was mainly driven by the Earthworks and Supporting Services Division, which benefited from the continued acceleration of the large-scale public infrastructure and civil engineering project portfolio, which was complemented by a more than doubling revenue from the general construction division and the continued increase in recurring revenue from property investment.