Zero Co. (9028) reported that group revenue for the nine months ended Mar 31 2026 slipped 1.0% year on year, while operating income fell 2.8% and profit attributable to equity shareholders contracted 6.6%. The equity ratio improved to 60.9% from 58.0% at the end of the previous fiscal year.

By segment, domestic automotive-related operations eked out a 1.3% rise in sales but saw a 3.8% drop in profit, reflecting higher labour and maintenance costs. Human-resource services delivered sales growth of 2.9% and a 9.2% increase in profit, helped by price revisions and higher driver-dispatch volumes. General cargo revenue climbed 5.2% with profit up 25.9%, while overseas-related businesses experienced a 6.5% decline in sales and a 47.0% slide in profit on vessel congestion and weaker pricing in China.

Quarter-end cash and cash equivalents stood lower after net operating cash inflow of S$2.68 million was offset by S$2.78 million of capital spending and S$4.42 million of financing outflows, mainly for lease repayments and dividends.

The company declared an interim dividend of 56.00 per share and maintained its full-year forecast, targeting revenue of S$1.45 billion, operating income of S$10.30 million and net profit of S$7.20 million for the 12 months to Jun 30 2026.