Singapore's Engro H1 revenue surges on higher construction demand in Singapore, Malaysia

Engro

13/08/2026 11:35

Overview
Singapore building materials firm's half-year revenue rose 70% yr/yr to SGD 177.9 mln
Profit for the period surged 307% yr/yr
Earnings per share increased to 29.72 cents from 7.29 cents

Outlook
Company did not provide specific financial guidance or outlook in the available financial statements

Result Drivers
REVENUE GROWTH - Revenue increased 70% yr/yr, driven by construction demand in Singapore and Malaysia
FAIR VALUE GAINS - Net change in fair value of financial assets contributed SGD 22.8 mln, up 274.7% yr/yr
OTHER INCOME - Other income rose 90.5% yr/yr to SGD 4.1 mln

Company press release: ID:nSN8x0ytP

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$177.93 mln
 

Reuters Recommended Reads
Aug 12 - Singapore's YKGI half-year profit falls on higher costs
Aug 13 - Singapore's Tiong Seng swings to profit in H1
Aug 12 - India's Grasim Industries swings to first-quarter profit as core business improves

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)