Singapore's TeleChoice H1 profit nearly doubles on growth in PCS division

TeleChoice International

13/08/2026 11:52

Overview
Singapore ICT services provider's half-year revenue rose 22.7% yr/yr to S$296.6 mln
Pretax profit for the half year nearly doubled from a year earlier
Company says higher gross margin driven by PCS division, with costs up on staff and marketing

Outlook
TeleChoice International did not provide specific financial guidance or outlook for future periods

Result Drivers
PCS DIVISION MARGIN - Higher gross margin in 1H2026 was driven by the PCS division
INCREASED MARKETING COSTS - Selling and marketing expenses rose mainly due to higher marketing expenses incurred by PCS operations in Singapore to support increased sales activity
HIGHER STAFF COSTS - Administrative expenses rose mainly due to higher staff costs, including share-based payment expenses and provision for impairment loss of trade receivables in ICT division

Company press release: ID:nSNbBGJrN

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$296.60 mln
 
H1 Pretax Profit
 
S$7.20 mln
 

Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the phones & handheld devices peer group is "buy."
Wall Street's median 12-month price target for Telechoice International Ltd is S$0.33, about 34.7% above its August 13 closing price of S$0.25
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 12 three months ago

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(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.)