Indigo Star Holdings H1 revenue rises on project progress, phone trading strength

Indigo Star Holdings

31/08/2026 10:06

Overview
Singapore construction and trading firm's H1 revenue rose 51.5% yr/yr
Net profit for H1 nearly doubled to S$3.95 mln
Gross profit margin fell to 13.9% from 21.7% due to higher direct costs

Outlook
Company did not provide specific financial guidance for future periods in the press release

Result Drivers
PROJECT PROGRESS - Co said revenue growth was mainly driven by increased progress on construction projects
MOBILE PHONE TRADING - Higher revenue contribution from mobile phone trading segment boosted overall revenue
HIGHER DIRECT COSTS - Gross profit margin declined due to increased direct costs, per management discussion

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$57.63 mln
 
H1 Net Income Attributable
 
S$3.95 mln
 

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-31/9e71f5bf-71ee-48fc-a719-4f482630a8d2.file
(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.)