Annuncio • May 21
Asiatic Group (Holdings) Limited to Report Fiscal Year 2026 Results on May 30, 2026 Asiatic Group (Holdings) Limited announced that they will report fiscal year 2026 results at 9:00 AM, Singapore Standard Time on May 30, 2026 Annuncio • Feb 06
Asiatic Group (Holdings) Limited to Report Q3, 2026 Results on Feb 14, 2026 Asiatic Group (Holdings) Limited announced that they will report Q3, 2026 results at 12:00 PM, Singapore Standard Time on Feb 14, 2026 Annuncio • Nov 11
Asiatic Group (Holdings) Limited to Report Q2, 2026 Results on Nov 14, 2025 Asiatic Group (Holdings) Limited announced that they will report Q2, 2026 results on Nov 14, 2025 Reported Earnings • Aug 15
First quarter 2026 earnings released: EPS: S$0 (vs S$0 in 1Q 2025) First quarter 2026 results: EPS: S$0 (in line with 1Q 2025). Revenue: S$10.6m (down 2.8% from 1Q 2025). Net loss: S$332.0k (down 265% from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 105% per year but the company’s share price has remained flat, which means it is significantly lagging earnings. Annuncio • Aug 08
Asiatic Group (Holdings) Limited to Report Q1, 2026 Results on Aug 14, 2025 Asiatic Group (Holdings) Limited announced that they will report Q1, 2026 results on Aug 14, 2025 New Risk • Jul 17
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 41% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Market cap is less than US$10m (S$6.47m market cap, or US$5.03m). Minor Risks High level of debt (41% net debt to equity). Large one-off items impacting financial results. Reported Earnings • Jul 15
Full year 2025 earnings released: EPS: S$0.001 (vs S$0 in FY 2024) Full year 2025 results: EPS: S$0.001 (up from S$0 in FY 2024). Revenue: S$44.8m (flat on FY 2024). Net income: S$1.98m (up 79% from FY 2024). Profit margin: 4.4% (up from 2.5% in FY 2024). Over the last 3 years on average, earnings per share has increased by 95% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Annuncio • Jul 14
Asiatic Group (Holdings) Limited, Annual General Meeting, Jul 29, 2025 Asiatic Group (Holdings) Limited, Annual General Meeting, Jul 29, 2025, at 10:30 Singapore Standard Time. Location: republic of singapore yacht club, 52 west coast ferry road, singapore 126887, Singapore Annuncio • Mar 14
Asiatic Group (Holdings) Limited Announces Dismissal of Legal Suit with Guan Heng Construction Sdn Bhd The board of directors of Asiatic Group (Holdings) Limited announcements dated 20 March 2020 and 7 February 2025 pertaining to the legal suit with Guan Heng Construction Sdn Bhd. Further to the Announcements, the Board would like to inform shareholders that based on the information received by the Company's lawyer in Malaysia, no party has made an appeal within 30 days from the date of the dismissal of the legal suit. New Risk • Feb 15
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.9x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.9x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (S$12.9m market cap, or US$9.65m). Reported Earnings • Feb 15
Third quarter 2025 earnings released: EPS: S$0 (vs S$0 in 3Q 2024) Third quarter 2025 results: EPS: S$0 (in line with 3Q 2024). Revenue: S$9.17m (down 16% from 3Q 2024). Net income: S$612.0k (up 419% from 3Q 2024). Profit margin: 6.7% (up from 1.1% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 74% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 13
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: S$11.3m (up 4.5% from 2Q 2024). Net income: S$2.0k (down 99% from 2Q 2024). Profit margin: 0% (down from 2.1% in 2Q 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has fallen by 34% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 16
First quarter 2025 earnings released: EPS: S$0 (vs S$0 in 1Q 2024) First quarter 2025 results: EPS: S$0 (in line with 1Q 2024). Revenue: S$10.9m (down 2.7% from 1Q 2024). Net income: S$201.0k (down 31% from 1Q 2024). Profit margin: 1.8% (down from 2.6% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Reported Earnings • Jul 17
Full year 2024 earnings released: EPS: S$0 (vs S$0.003 loss in FY 2023) Full year 2024 results: EPS: S$0 (improved from S$0.003 loss in FY 2023). Revenue: S$45.1m (up 8.5% from FY 2023). Net income: S$1.11m (up S$6.40m from FY 2023). Profit margin: 2.5% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annuncio • Jul 13
Asiatic Group (Holdings) Limited, Annual General Meeting, Jul 29, 2024 Asiatic Group (Holdings) Limited, Annual General Meeting, Jul 29, 2024, at 10:30 Singapore Standard Time. Location: republic of singapore yacht club, 52 west coast ferry road, singapore 126887, Singapore New Risk • Jun 17
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 3.0x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (3.0x net interest cover). Shares are highly illiquid. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Market cap is less than US$10m (S$9.70m market cap, or US$7.17m). New Risk • Jun 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 47% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risks Shares are highly illiquid. Shareholders have been substantially diluted in the past year (86% increase in shares outstanding). Market cap is less than US$10m (S$6.47m market cap, or US$4.80m). Minor Risk High level of debt (47% net debt to equity). Annuncio • May 26
Asiatic Group (Holdings) Limited to Report Fiscal Year 2024 Results on May 30, 2024 Asiatic Group (Holdings) Limited announced that they will report fiscal year 2024 results on May 30, 2024 Reported Earnings • Feb 07
Third quarter 2024 earnings released: EPS: S$0 (vs S$0.001 loss in 3Q 2023) Third quarter 2024 results: EPS: S$0 (improved from S$0.001 loss in 3Q 2023). Revenue: S$10.9m (up 6.3% from 3Q 2023). Net income: S$118.0k (up S$965.0k from 3Q 2023). Profit margin: 1.1% (up from net loss in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 8% per year but the company’s share price has fallen by 39% per year, which means it is significantly lagging earnings. Annuncio • Dec 29
Asiatic Group (Holdings) Limited Announces Resignation of Tan Boon Siang as Executive Director Asiatic Group (Holdings) Limited announced the resignation of Tan Boon Siang as Executive Director. Role And Responsibilities: Responsible for the management and supervision of the land and marine-based firefighting and protection business. Other DirectorShips Present: Asiatic Fire System Pte Ltd;Colben System Pte Ltd; Colben Energy (Singapore) Pte. Ltd.; Colben Energy Holdings (Maju Intan) Ltd. Reason For Cessation: Mr. Tan Boon Siang (‘Ricky’) has been with the company for more than 40 years hence he feels that it is timely for him to step down at this juncture and retire to focus on his other interests. After having interviewed Ricky and to the best of its knowledge, the Company's Sponsor, PrimePartners Corporate Finance Pte. Ltd., is satisfied that save as disclosed in this announcement, there are no other material reason for the resignation of Ricky as Executive Director of the Company. Board Change • Nov 28
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director James Yip was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Sep 14
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director James Yip was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 15
First quarter 2024 earnings released: EPS: S$0 (vs S$0 in 1Q 2023) First quarter 2024 results: EPS: S$0 (in line with 1Q 2023). Revenue: S$11.3m (up 19% from 1Q 2023). Net income: S$291.0k (down 50% from 1Q 2023). Profit margin: 2.6% (down from 6.1% in 1Q 2023). Over the last 3 years on average, earnings per share has increased by 27% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. New Risk • Aug 13
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 108% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (66% average weekly change). Shareholders have been substantially diluted in the past year (108% increase in shares outstanding). Market cap is less than US$10m (S$6.47m market cap, or US$4.78m). Annuncio • Aug 08
Asiatic Group (Holdings) Limited has completed a Follow-on Equity Offering in the amount of SGD 6.113184 million. Asiatic Group (Holdings) Limited has completed a Follow-on Equity Offering in the amount of SGD 6.113184 million.
Security Name: Ordinary Shares
Security Type: Common Stock
Securities Offered: 2,264,142,234
Price\Range: SGD 0.0027
Transaction Features: Rights Offering Reported Earnings • Jul 14
Full year 2023 earnings released: S$0.003 loss per share (vs S$0.006 loss in FY 2022) Full year 2023 results: S$0.003 loss per share (improved from S$0.006 loss in FY 2022). Revenue: S$41.4m (up 12% from FY 2022). Net loss: S$5.29m (loss narrowed 39% from FY 2022). Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Annuncio • Jul 13
Asiatic Group (Holdings) Limited, Annual General Meeting, Jul 27, 2023 Asiatic Group (Holdings) Limited, Annual General Meeting, Jul 27, 2023, at 10:30 Singapore Standard Time. Location: Republic of Singapore Yacht Club, 52 West Coast Ferry Road Singapore Singapore Agenda: To consider Directors' Statement and Audited Financial Statements for the financial year ended 31 March 2023; to consider reelection of directors; to consider Re-appointment of Foo Kon Tan LLP as Auditor; to consider Authority to allot and issue shares; and to consider other matters. Board Change • Jun 09
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director James Yip was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 28
Full year 2023 earnings released: S$0.001 loss per share (vs S$0.005 loss in FY 2022) Full year 2023 results: S$0.001 loss per share (improved from S$0.005 loss in FY 2022). Revenue: S$41.6m (up 13% from FY 2022). Net loss: S$2.21m (loss narrowed 73% from FY 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings. Board Change • May 05
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director James Yip was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Board Change • Mar 31
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director James Yip was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 14
Third quarter 2023 earnings released: EPS: S$0 (vs S$0.001 in 3Q 2022) Third quarter 2023 results: EPS: S$0 (down from S$0.001 in 3Q 2022). Revenue: S$10.3m (up 13% from 3Q 2022). Net loss: S$847.0k (down 185% from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has fallen by 28% per year, which means it is significantly lagging earnings. Board Change • Jan 02
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Non-Executive & Independent Director James Yip was the last director to join the board, commencing their role in 2019. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 17
First quarter 2023 earnings released: EPS: S$0 (vs S$0 in 1Q 2022) First quarter 2023 results: EPS: S$0 (in line with 1Q 2022). Revenue: S$9.50m (up 15% from 1Q 2022). Net income: S$584.0k (up S$1.25m from 1Q 2022). Profit margin: 6.1% (up from net loss in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Annuncio • Sep 15
Asiatic Group (Holdings) Limited, Annual General Meeting, Sep 29, 2022 Asiatic Group (Holdings) Limited, Annual General Meeting, Sep 29, 2022, at 15:00 Singapore Standard Time. Agenda: To consider Directors' Statement and Audited Financial Statements for the financial year ended 31 March 2022; to consider re-election of Mr. Chia Soon Hin William as a Director; to consider approval of Directors' fees for the financial year ending 31 March 2023 amounting to SGD 105,000, payable quarterly in arrears; to consider re-appointment of Messrs Foo Kon Tan LLP as Auditors; and to consider any other matters. Buying Opportunity • Aug 24
Now 23% undervalued after recent price drop Over the last 90 days, the stock is down 40%. The fair value is estimated to be S$0.0039, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 55%. Buying Opportunity • Jul 20
Now 25% undervalued after recent price drop Over the last 90 days, the stock is down 50%. The fair value is estimated to be S$0.004, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 55%. Reported Earnings • Jun 01
Full year 2022 earnings released: S$0.006 loss per share (vs S$0.002 loss in FY 2021) Full year 2022 results: S$0.006 loss per share (down from S$0.002 loss in FY 2021). Revenue: S$37.5m (down 16% from FY 2021). Net loss: S$9.04m (loss widened 145% from FY 2021). Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 10
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: S$0.001 (up from S$0.001 loss in 3Q 2021). Revenue: S$9.14m (down 19% from 3Q 2021). Net income: S$1.00m (up S$2.43m from 3Q 2021). Profit margin: 11% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 48% per year but the company’s share price has fallen by 13% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 22
Full year 2021 earnings released: S$0.002 loss per share (vs S$0.009 loss in FY 2020) The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: S$44.4m (down 7.7% from FY 2020). Net loss: S$3.69m (loss narrowed 73% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 26% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Reported Earnings • May 30
Full year 2021 earnings released The company reported a decent full year result with reduced losses and improved control over expenses, although revenues were weaker. Full year 2021 results: Revenue: S$45.6m (down 5.2% from FY 2020). Net loss: S$3.12m (loss narrowed 77% from FY 2020). 
