Singapore's YHI International H1 profit jumps on energy distribution segment growth

YHI International

14/08/2026 11:12

Overview
Singapore automotive parts distributor's half-year revenue fell 6.8% yr/yr to S$183.1 mln
Gross profit for the half-year rose 3.5% yr/yr to S$50.2 mln
Net profit increased 50.2% yr/yr, supported by higher other income and lower expenses

Outlook
Company did not provide specific guidance or outlook for future periods

Result Drivers
LOWER REVENUE - Revenue fell 6.8% primarily due to lower sales in manufacturing segment
HIGHER GROSS PROFIT - Gross profit increased to S$50.2 mln mainly due to higher sales and gross profit margins from energy distribution business
LOWER ADMINISTRATIVE EXPENSES - Administrative expenses fell 7.6% yr/yr, mainly due to retrenchment cost of about S$2.0, contributing to improved net profit

Company press release: ID:nSN3796GP

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$183.10 mln
 
H1 Gross Margin
 
27.40%
 
H1 Gross Profit
 
S$50.20 mln
 

Analyst Coverage
The stock recently traded at 3 times the next 12-month earnings vs. a P/E of 3 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.)