CTR HOLDINGS (01416) is pleased to see a year-on-year increase in profit of not less than S$10.8 million for the six months ending August 31, 2026

Zhitong Finance App News, CTR HOLDINGS (01416) issued an announcement. According to a preliminary review of the Group's unaudited management accounts for the six months ended August 31, 2026 (this period), the Group expects to obtain profit of not less than S$10.8 million during the current period, compared to the profit of about S$6.9 million for the six months ended August 31, 2025. The main reason is (among other factors) that the Group's construction projects achieved higher gross profit. The gross margin increased from about 10.3% to about 14.8%. The project, along with the accelerated execution of major contracts, led to an increase in earnings.