New Risk • 13h
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 8.5% Last year net profit margin: 51% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (8.5% net profit margin). Market cap is less than US$100m (S$56.2m market cap, or US$43.9m). Board Change • Jul 06
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. 1 experienced director. 2 highly experienced directors. Independent Director Teng Tuan Pang was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공고 • Apr 15
TA Corporation Ltd, Annual General Meeting, Apr 30, 2026 TA Corporation Ltd, Annual General Meeting, Apr 30, 2026, at 11:00 Singapore Standard Time. Location: heron room, level 2, seletar country club, 101 seletar club road, singapore 798273, Singapore Board Change • Apr 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. 1 experienced director. 3 highly experienced directors. Independent Director Teng Tuan Pang was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Mar 09
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 111% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks Large one-off items impacting financial results. Market cap is less than US$100m (S$53.2m market cap, or US$41.6m). Reported Earnings • Mar 03
Full year 2025 earnings released: EPS: S$0.11 (vs S$0.008 in FY 2024) Full year 2025 results: EPS: S$0.11 (up from S$0.008 in FY 2024). Revenue: S$117.7m (up 24% from FY 2024). Net income: S$56.1m (up S$52.0m from FY 2024). Profit margin: 48% (up from 4.3% in FY 2024). The increase in margin was primarily driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 82% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. New Risk • Feb 28
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Shares are highly illiquid. Minor Risks High level of debt (46% net debt to equity). Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Large one-off items impacting financial results. Market cap is less than US$100m (S$58.5m market cap, or US$46.3m). Board Change • Feb 27
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. 1 experienced director. 3 highly experienced directors. Independent Director Teng Tuan Pang was the last director to join the board, commencing their role in 2018. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. 공고 • Jun 12
TA Corporation Ltd, Annual General Meeting, Jun 27, 2025 TA Corporation Ltd, Annual General Meeting, Jun 27, 2025, at 15:00 Singapore Standard Time. Location: heron room, level 2, seletar country club, 101 seletar club road, singapore 798273, Singapore 공고 • Jul 11
TA Corporation Ltd, Annual General Meeting, Jul 25, 2024 TA Corporation Ltd, Annual General Meeting, Jul 25, 2024, at 10:00 Singapore Standard Time. Location: the heron room, level 2, seletar country club, 101 seletar club road, singapore 798273, Singapore Board Change • Jul 07
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jun 15
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 22
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Apr 18
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Mar 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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Mar 02
Full year 2022 earnings released Full year 2022 results: Revenue: S$360.6m (up 65% from FY 2021). Net income: S$12.1m (up S$48.7m from FY 2021). Profit margin: 3.4% (up from net loss in FY 2021). The move to profitability was driven by higher revenue. Board Change • Jan 30
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Oct 27
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Sep 26
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Reported Earnings • Aug 14
First half 2022 earnings released First half 2022 results: Revenue: (down 100% from 1H 2021). Net income: (up S$18.1m from 1H 2021). Profit margin: (up from net loss in 1H 2021). Board Change • Jul 27
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jun 29
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • Jun 01
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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. Board Change • May 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. 4 experienced directors. 3 highly experienced directors. Alternate Director Thiam Neo was the last director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Insufficient board refreshment. 공고 • Apr 20
TA Corporation Ltd, Annual General Meeting, May 09, 2022 TA Corporation Ltd, Annual General Meeting, May 09, 2022, at 16:00 Singapore Standard Time. Agenda: To receive and adopt the Directors' Statement and Audited Financial Statements for the year ended December 31, 2021 and the Auditors' Report thereon; to approve Directors' fees of $158,313 for the financial year ended December 31, 2021; to re-elect Mr. Neo Tiam Boon, a Director retiring under Regulation 89 of the Constitution of the Company; to re-elect Mr. Pang Teng Tuan, a Director retiring under Regulation 89 of the Constitution of the Company; to re-appoint Deloitte & Touche LLP as Auditors of the Company and to authorize the Directors to fix their remuneration; and to transact other matters. 공고 • Apr 11
TA Corporation Ltd to Report Fiscal Year 2021 Results on May 14, 2022 TA Corporation Ltd announced that they will report fiscal year 2021 results on May 14, 2022 Reported Earnings • Mar 03
Full year 2021 earnings: Revenues in line with analyst expectations Full year 2021 results: Revenue: S$218.2m (up 35% from FY 2020). Net loss: S$29.2m (loss narrowed 48% from FY 2020). Revenue was in line with analyst estimates. 공고 • Mar 03
TA Corporation Ltd Promotes Liong Cailin, Wendy from General Manager to Group Chief Operating Officer TA Corporation Ltd. announced the promotion of Liong Cailin, Wendy from General Manager (Business Development/Real Estate Development) to Group Chief Operating Officer. Appointment date is March 1, 2022. Reported Earnings • Mar 27
Full year 2020 earnings released The company reported a poor full year result with increased losses, weaker revenues and weaker control over costs. Full year 2020 results: Revenue: S$162.0m (down 18% from FY 2019). Net loss: S$55.8m (loss widened 405% from FY 2019). 
