ADVANCED HOLDINGS LTD Company Registration No. 200401856N
Condensed Consolidated Interim Financial Statements for the Six Months and Full Year ended 31 December 2025
Contents | ||
Page | ||
A | Condensed Interim Consolidated Statement of Profit or Loss and Other Comprehensive Income | 1 |
B | Condensed Interim Statements of Financial Position | 3 |
C | Condensed Interim Statements of Changes in Equity | 4 |
D | Condensed Interim Consolidated Statement of Cash Flows | 6 |
E | Notes to the Condensed Interim Financial Statements | 9 |
F | Other Information | 24 |
This announcement has been reviewed by the Company's sponsor, UOB Kay Hian Private Limited (the "Sponsor").
This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited (the "SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made or reports contained in this announcement.
The contact person for the Sponsor is Mr Lance Tan, Senior Vice President, at 83 Clemenceau Avenue, #10-01 UE Square, Singapore 239920, telephone (65) 6590 6881.
Condensed Consolidated Interim Financial Statements for Six Months and Full Year ended 31 December 2025
A. Condensed Interim and Full Year Consolidated Statement of Profit or Loss and Other Comprehensive IncomeGroup | Group | ||||||
6 months ended | 12 months ended | ||||||
31.12.2025 | 31.12.2024 | Increase / | 31.12.2025 | 31.12.2024 | Increase / | ||
(Decreas e) | (Decreas e) | ||||||
Note | $'000 | $'000 | % | $'000 | $'000 | % | |
Continuing operations | |||||||
Revenue | E4 | 3,190 | 2,263 | 41 | 6,284 | 4,184 | 50 |
Cost of sales | (3,034) | (2,125) | 43 | (6,319) | (4,363) | 45 | |
Gross results | 156 | 138 | 13 | (35) | (179) | (80) | |
Other operating income | E6 | 191 | 391 | (51) | 515 | 852 | (40) |
Distribution and marketing costs | (2) | (2) | 0 | (2) | (5) | (60) | |
Administrative expenses | (1,704) | (1,989) | (14) | (3,122) | (3,500) | (11) | |
Other (losses) and gains, net | E7 | (771) | 134 | NM | (1,702) | (113) | 1,406 |
Finance cost | (244) | (365) | (33) | (313) | (408) | (23) | |
Share of results of an associate | - | - | NM | - | - | NM | |
Loss before income tax | E8 | (2,374) | (1,693) | 40 | (4,659) | (3,353) | 39 |
Income tax expense | E9 | 9 | (203) | N.M | 9 | (213) | N.M |
Loss from continuing operations, | |||||||
net of tax | (2,365) | (1,896) | 25 | (4,650) | (3,566) | 30 | |
Discontinued operation | |||||||
Loss from discontinued operation, net of tax | E10 | - | (74) | NM | - | (416) | NM |
Loss for the period | (2,365) | (1,970) | 20 | (4,650) | (3,982) | 17 | |
Other comprehensive income | |||||||
Items that may be reclassified | |||||||
subsequently to profit or loss: | |||||||
Exchange differences on | |||||||
translation of foreign | |||||||
operations representing total other comprehensive | 47 | 12 | 292 | 142 | (1) | NM | |
income (loss) for the period, | |||||||
net of tax | |||||||
Total comprehensive loss | |||||||
for the period | (2,318) | (1,958) | 18 | (4,508) | (3,983) | 13 | |
NM - Not Meaningful
Condensed Consolidated Interim Financial Statements for Six Months and Full Year ended 31 December 2025
-
Condensed Interim and Full Year Consolidated Statement of Profit or Loss and Other Comprehensive Income (Cont'd)
Group
Group
6 months ended
12 months ended
Note
31.12.2025
$'000
31.12.2024
$'000
Increase / (Decreas e)
%
31.12.2025
$'000
31.12.2024
$'000
Increase / (Decreas e)
%
Loss attributable to: Owners of the Company:
Loss from continuing operations, net of tax
Loss from discontinued operation,
net of tax
(1,623)
-
(1,371)
(74)
18
NM
(3,197)
-
(2,516)
(416)
27
NM
Non-controlling interests
Loss from continuing operations, net of tax
(1,623)
(742)
(1,445)
(525)
12
41
(3,197)
(1,453)
(2,932)
(1,050)
9
38
(2,365)
(1,970)
20
(4,650)
(3,982)
17
Total comprehensive loss attributable to:
Owners of the Company:
Loss from continuing operations, net of tax
Loss from discontinued operation,
net of tax
(1,599)
-
(1,355)
(74)
18
N.M
(3,124)
-
(2,505)
(416)
25
N.M
Non-controlling interests
Loss from continuing operations, net of tax
(1,599)
(719)
(1,429)
(529)
12
36
(3,124)
(1,384)
(2,921)
(1,062)
7
30
(2,318)
(1,958)
18
(4,508)
(3,983)
13
Basic and diluted losses per share (cents)
From continuing operations to equity owners
E11
(1.60)
(1.35)
18
(3.16)
(2.48)
27
From discontinued operation to equity owners
-
(0.07)
N.M
-
(0.41)
N.M
NM - Not Meaningful
Condensed Consolidated Interim Financial Statements for Six Months and Full Year ended 31 December 2025
-
Condensed Interim Statements of Financial Position
ASSETS
Current assets
Cash and bank balances Trade receivables
Other receivables and prepayments Inventories
Total current assets Non-current assets
Property, plant and equipment
Right-of-use assets
Investments in subsidiaries Investment in an associate Loans to a subsidiary Deferred tax assets
Total non-current assets Total assets
LIABILITIES AND EQUITY
Current liabilities
Bank borrowings
Trade and other payables Short term loans payable Lease liabilities
Income tax payable Total current liabilities Non-current liabilities
Lease liabilities
Loans from non-controlling interests and a third party
Employee benefit liability Total non-current liabilities Total Liabilities
Capital and reserves and non-controlling interests
Share capital Treasury shares
Foreign currency translation reserve Accumulated losses
Equity attributable to owners of the Company Non-controlling interests
Total equity
Total liabilities and equity
Note
E13
E14
E14 E15
E16 E16
E16
Group
Company
31.12.2025
31.12.2024
31.12.2025
31.12.2024
$'000
$'000
$'000
$'000
23,479
27,086
5,537
9,753
83
609
2
10
829
542
780
70
441
1,512
-
-
24,832
29,749
6,319
9,833
6,824
8,387
289
340
144
159
-
6
-
-
23,678
23,678
-
-
-
-
-
-
5,433
4,954
58
54
-
-
7,026
8,600
29,400
28,978
31,858
38,349
35,719
38,811
-
736
-
469
800
512
12,300
12,793
462
-
-
-
23
30
-
8
-
9
-
-
1,285
1,287
12,300
13,270
46
61
-
-
4,612
7,298
-
-
83
51
-
-
4,741
7,410
-
-
6,026
8,697
12,300
13,270
47,433
47,433
47,433
47,433
(1,837)
(1,837)
(1,837)
(1,837)
(86)
(159)
-
-
(18,285)
(15,088)
(22,177)
(20,055)
27,225
30,349
23,419
25,541
(1,393)
(697)
-
-
25,832
29,652
23,419
25,541
31,858
38,349
35,719
38,811
Condensed Consolidated Interim Financial Statements for Six Months and Full Year ended 31 December 2025
- Condensed Interim Statements of Changes in Equity Group
Share capital | Treasury shares | Foreign currency translation reserve | Accumulated losses | Attributable to equity holders of the Company | Non- controlling interests | Total equity | |
$'000 | $'000 | $'000 | $'000 | $'000 | $'000 | $'000 | |
Balance as at 1 January 2025 | 47,433 | (1,837) | (159) | (15,088) | 30,349 | (697) | 29,652 |
Loss for the period | - | - | - | (3,197) | (3,197) | (1,453) | (4,650) |
Other comprehensive loss for the period | - | - | 73 | - | 73 | 69 | 142 |
Total comprehensive loss for the period | - | - | 73 | (3,197) | (3,124) | (1,384) | (4,508) |
Others | |||||||
Present value of loan from non-controlling interests | - | - | - | - | - | 688 | 688 |
Total others | - | - | - | - | - | 688 | 688 |
Balance as at 31 December 2025 | 47,433 | (1,837) | (86) | (18,285) | 27,225 | (1,393) | 25,832 |
Balance as at 1 January 2024 | 47,433 | (1,837) | (158) | (12,156) | 33,282 | 212 | 33,494 |
Loss for the period | - | - | - | (2,932) | (2,932) | (1,050) | (3,982) |
Other comprehensive income for the period | - | - | 11 | - | 11 | (12) | (1) |
Total comprehensive income(loss ) for the period | - | - | 11 | (2,932) | (2,921) | (1,062) | (3,983) |
Others | |||||||
Effects of liquidation and disposal of subsidiaries | - | - | (12) | - | (12) | (1) | (13) |
Present value of loan from non-controlling interests | 154 | 154 | |||||
Total others | - | - | (12) | - | (12) | 153 | 141 |
Balance as at 31 December 2024 | 47,433 | (1,837) | (159) | (15,088) | 30,349 | (697) | 29,652 |