Taiga Building Products Ltd. announced unaudited results for the three months ended Mar, 31 2026, reporting net earnings of 8.97 million Singapore dollars, compared with 9.82 million Singapore dollars a year earlier. Basic and diluted earnings per share stood at 0.08 Singapore dollars, versus 0.09 Singapore dollars in the prior-year quarter.

Quarterly sales reached 399.94 million Singapore dollars, up from 349.19 million Singapore dollars in the same period of 2025, while cost of sales rose to 362.45 million Singapore dollars from 311.68 million Singapore dollars. Gross margin was broadly unchanged at 37.49 million Singapore dollars (Q1 2025: 37.52 million Singapore dollars).

Operating expenses totalled 24.26 million Singapore dollars, leading to earnings before income tax of 13.23 million Singapore dollars (Q1 2025: 12.90 million Singapore dollars). Income tax expense increased to 3.93 million Singapore dollars, up from 3.41 million Singapore dollars a year earlier.

As at Mar, 31 2026, total assets were 602.84 million Singapore dollars, compared with 701.94 million Singapore dollars a year ago. Cash and cash equivalents declined to 67.34 million Singapore dollars (Mar, 31 2025: 119.32 million Singapore dollars). The company had drawn 68.19 million Singapore dollars on its 250 million Singapore-dollar revolving credit facility, which matures on Dec, 20 2027. Shareholders’ equity stood at 318.31 million Singapore dollars, down from 465.86 million Singapore dollars at Mar, 31 2025.

The company re-filed its condensed interim consolidated financial statements to include income taxes payable as at Mar, 31 2026, Mar, 31 2025 and Dec, 31 2025, which had been omitted in the original filing on May, 8 2026. The financial statements have not been reviewed by the company’s independent auditor, in line with National Instrument 51-102 requirements.