Financial Statements And Related Announcement - Full Yearly Results

Old Chang Kee Ltd. and its subsidiaries

Company Registration No. 200416190W

1. Condensed interim consolidated statement of comprehensive income 3

2. Condensed interim statement of financial position 4

3. Condensed interim statement of changes in equity 5

4. Condensed interim consolidated statement of cash flows 8

5. Notes to the condensed interim consolidated financial statements 9

6. Other information required by Catalist Rule Appendix 7C 20

1. Condensed interim consolidated statement of comprehensive income for the six-months and full year ended 31 March 2025 The Group 6 months ended 12 months ended

   	Note	2H2025 S$'000	2H2024 S$'000	Change %	FY2025 S$'000	FY2024 S$'000	Change %
   Revenue	4.2	50,124	50,714	(1.2)	101,952	100,953	1.0
   Cost of sales		(15,550)	(15,873)	(2.0)	(31,364)	(32,722)	(4.2)
   Gross profit		34,574	34,841	(0.8)	70,588	68,231	3.5
   Other items of income
   Interest income		637	582	9.5	1,339	1,080	24.0
   Other income		1,113	1,573	(29.2)	1,858	2,203	(15.7)
   Other items of expenses
   Selling and distribution expenses		(20,552)	(20,299)	1.2	(40,746)	(39,833)	2.3
   Administrative expenses		(8,137)	(8,387)	(3.0)	(16,718)	(16,305)	2.5
   Finance costs		(601)	(581)	3.4	(1,229)	(1,088)	13.0
   Other expenses		(1,128)	(959)	17.6	(1,649)	(1,786)	(7.7)
   Profit before tax	6	5,906	6,770	(12.8)	13,443	12,502	7.5
   Income tax expense	7	(778)	(1,482)	(47.5)	(2,095)	(2,834)	(26.1)
   Profit for the period/year		5,128	5,288	(3.0)	11,348	9,668	17.4
   Other comprehensive income
   Items that may be reclassified subsequently to profit or loss Exchange differences on translating foreign operations		105	5	N.M	126	12	950.0
   Other comprehensive income for the period/year, net of tax		105	5	N.M	126	12	950.0
   Total comprehensive income for the period/year, attributable to owners of the Company		5,233	5,293	(1.1)	11,474	9,680	18.5
   Earnings per share for the profit for the period/year attributable to the owners of the Company
   Basic (SGD in cent)	14	4.22 4.36			9.35	7.97
   Diluted (SGD in cent)	14	4.22 4.36			9.35	7.97

2. Condensed interim statement of financial position The Group The Company

   Non-Current Assets	Note	31-Mar-25 S$'000		31-Mar-24 S$'000		31-Mar-25 S$'000		31-Mar-24 S$'000
   Property, plant and equipment	11	15,256		15,981		-		-
   Right-of-use assets		19,328		22,178		-		-
   Intangible assets	10	191		241		-		-
   Investment in subsidiary companies		-		-		5,640		5,640
   Deferred tax assets		346		12		18		12
   Long term deposits	5	2,481		2,512		-		-
   		37,602		40,924		5,658		5,652
   Current Assets
   Inventories		1,028		1,624		-		-
   Trade and other receivables	5	433		991		13		36
   Deposits	5	1,051		1,022		-		-
   Prepayments		1,061		903		28		27
   Amount due from subsidiary companies	5	-		-		4,449		4,419
   Cash and bank balances	5	52,438		44,098		12,978		11,024
   Restricted cash	5	2,500		2,500		-		-
   		58,511		51,138		17,468		15,506
   Current Liabilities
   Trade and other payables	5	10,700		11,148		4,561		4,328
   Other liabilities	5	156		145		-		-
   Provisions		2,254		2,246		54		50
   Bank loans	5, 12	1,317		1,253		-		-
   Finance lease liabilities	5, 12	361		298		-		-
   Lease liabilities		9,924		10,309		-		-
   Provision for taxation		2,650		2,774		148		121
   		27,362		28,173		4,763		4,499
   Net Current Assets		31,149		22,965		12,705		11,007
   Non-Current Liabilities
   Bank loans	5, 12	337		1,657		-		-
   Finance lease liabilities	5, 12	665		723		-		-
   Lease liabilities		10,473		13,019		-		-
   Deferred tax liabilities		22		282		-		-
   		11,497		15,681		-		-
   Net Assets		57,254		48,208		18,363		16,659
   Equity attributable to owners of the Company
   Share capital	13	13,964		13,964		13,964		13,964
   Retained earnings		42,865		33,945		4,399		2,695
   Other reserves		425		299		-		-
   Total Equity		57,254		48,208		18,363		16,659

3. Condensed interim statement of changes in equity