Noel Gifts narrows 1H FY2026 loss to S$0.05m as revenue jumps 37% on SG60 project
Summary:
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Noel Gifts International cut its 1H FY2026 net loss to S$51,000 from S$1.08m a year earlier, as revenue rose 37% to S$8.0m on strong SG60 project sales.
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Gross profit climbed 32% to S$4.0m, while distribution and administrative expenses fell 9% and 6% respectively, helped by lower manpower and salary‑related costs.
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Other operating income dropped sharply to S$0.23m from S$0.81m, reflecting lower interest income amid reduced deposit balances and rates.
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Operating cash flow swung to an inflow of S$0.4m from an outflow of S$7.0m, and cash and cash equivalents stood at S$7.9m at end‑December 2025 versus S$3.6m a year before.
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Net asset value per share edged up to 31.43 cents from 31.26 cents as at 30 June 2025, but the board kept interim dividends suspended on prudence grounds.