Dezign Format FY26 1H net profit drops 66.7% to S$0.49 million; revenue falls 10.5% to S$14.99 million
Reuters2026/08/12 10:46- Dezign Format posted 1H2026 net profit of S$0.49 million, down 66.7%; earnings per share fell to 0.25 Singapore cents.
- Revenue slipped 10.5% to S$14.99 million as the project mix shifted toward smaller-scale work with lower contract values.
- Gross profit rose 5.7% to S$6.14 million; gross margin widened 6.2 percentage points to 40.9% on improved mix and lower subcontracting costs.
- Operating cash flow increased to S$3.69 million, lifting cash and cash equivalents to S$7.48 million at June 30, 2026.
- Recent moves included new subsidiaries in Thailand and Vietnam; Mike Chong cited stronger margins and cash flow despite lower revenue.
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