Taiga Building Products releases interim results, H1 net profit edges up to 25.1 million Singapore dollars

SGX Filings
Aug 08

Taiga Building Products Ltd. announced unaudited interim consolidated financial results for the three and six months ended Jun, 30 2026. Second-quarter revenue reached 426.6 million Singapore dollars, compared with 441.0 million Singapore dollars a year earlier, while net profit rose to 16.1 million Singapore dollars from 15.1 million Singapore dollars. Basic and diluted earnings per share for the quarter were 0.15 Singapore dollars, up from 0.14 Singapore dollars in the prior-year period.

For the first six months of 2026, revenue totalled 775.8 million Singapore dollars, down from 840.9 million Singapore dollars in the corresponding 2025 period. Net profit increased slightly to 25.1 million Singapore dollars from 24.9 million Singapore dollars, with earnings per share unchanged at 0.23 Singapore dollars.

As at Jun, 30 2026, cash and cash equivalents stood at 70.2 million Singapore dollars, more than double the 35.5 million Singapore dollars reported a year earlier. Utilisation of the company’s revolving credit facility declined to 60.9 million Singapore dollars from 82.0 million Singapore dollars, while total shareholders’ equity improved to 337.6 million Singapore dollars versus 292.2 million Singapore dollars at end-Jun, 2025.

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