Reported Earnings • May 12
Third quarter 2026 earnings released: S$0.003 loss per share (vs S$0.006 loss in 3Q 2025) Third quarter 2026 results: S$0.003 loss per share (improved from S$0.006 loss in 3Q 2025). Revenue: S$4.68m (down 31% from 3Q 2025). Net loss: S$280.0k (loss narrowed 38% from 3Q 2025). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 06
Second quarter 2026 earnings released: EPS: S$0.011 (vs S$0.001 in 2Q 2025) Second quarter 2026 results: EPS: S$0.011 (up from S$0.001 in 2Q 2025). Revenue: S$6.60m (up 20% from 2Q 2025). Net income: S$930.0k (up S$883.0k from 2Q 2025). Profit margin: 14% (up from 0.9% in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Announcement • Jan 23
Lion Asiapac Limited Provides Earnings Guidance for the Half Year Ended 31 December 2025 Lion Asiapac Limited provided earnings guidance for the half year ended 31 December 2025. Based on a preliminary review, the Group expects to incur a loss for the half year ended 31 December 2025, primarily attributable to the one-off realisation of the foreign currency translation reserve arising from the de-consolidation of Compact Energy Sdn Bhd (‘CESB’), following the completion of the disposal of CESB. Announcement • Oct 30
Lion Asiapac Limited, Annual General Meeting, Oct 30, 2025 Lion Asiapac Limited, Annual General Meeting, Oct 30, 2025, at 11:00 Singapore Standard Time. Location: crowne plaza changi airport, alstonia room, level 2, 75 airport boulevard, singapore 819664, Singapore Announcement • Oct 20
Lion Asiapac Limited Provides Earnings Guidance for the First Quarter Ended 30 September 2025 Lion Asiapac Limited provided earnings guidance for the first quarter ended 30 September 2025. For the period, the company expected to incur a loss in the First Quarter, primarily attributable to the realisation of the foreign currency translation reserve arising from the de-consolidation of Compact Energy Sdn Bhd ("CESB"), following the completion of the disposal of CESB. New Risk • Oct 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Singaporean stocks, typically moving 14% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 15% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (14% average weekly change). Market cap is less than US$100m (S$24.3m market cap, or US$18.8m). Buy Or Sell Opportunity • Oct 17
Now 29% undervalued after recent price drop Over the last 90 days, the stock has fallen 15% to S$0.30. The fair value is estimated to be S$0.42, 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. Meanwhile, the company became loss making. Reported Earnings • Oct 11
Full year 2025 earnings released: S$0.019 loss per share (vs S$0.007 profit in FY 2024) Full year 2025 results: S$0.019 loss per share (down from S$0.007 profit in FY 2024). Revenue: S$18.2m (down 31% from FY 2024). Net loss: S$1.57m (down 377% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 73% 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 • Aug 28
New major risk - Revenue and earnings growth Earnings have declined by 12% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (12% average weekly change). Market cap is less than US$100m (S$29.6m market cap, or US$23.0m). Reported Earnings • Aug 28
Full year 2025 earnings released: S$0.019 loss per share (vs S$0.019 profit in FY 2024) Full year 2025 results: S$0.019 loss per share (down from S$0.019 profit in FY 2024). Revenue: S$18.3m (down 57% from FY 2024). Net loss: S$1.57m (down 203% from profit in FY 2024). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 4% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 15
Second quarter 2025 earnings released: EPS: S$0 (vs S$0.007 in 2Q 2024) Second quarter 2025 results: EPS: S$0 (down from S$0.007 in 2Q 2024). Revenue: S$8.80m (down 44% from 2Q 2024). Net income: S$11.0k (down 98% from 2Q 2024). Profit margin: 0.1% (down from 3.5% in 2Q 2024). Over the last 3 years on average, earnings per share has increased by 59% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Reported Earnings • Oct 12
Full year 2024 earnings released: EPS: S$0.019 (vs S$0.037 loss in FY 2023) Full year 2024 results: EPS: S$0.019 (up from S$0.037 loss in FY 2023). Revenue: S$42.2m (up 35% from FY 2023). Net income: S$1.53m (up S$4.53m from FY 2023). Profit margin: 3.6% (up from net loss in FY 2023). Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has fallen by 16% per year, which means it is performing significantly worse than earnings. Announcement • Oct 11
Lion Asiapac Limited, Annual General Meeting, Oct 30, 2024 Lion Asiapac Limited, Annual General Meeting, Oct 30, 2024, at 11:00 Singapore Standard Time. Location: the conference room, 10 arumugam road, 10-00 ltc building a, singapore 409957, Singapore Reported Earnings • Aug 20
Full year 2024 earnings released: EPS: S$0.019 (vs S$0.037 loss in FY 2023) Full year 2024 results: EPS: S$0.019 (up from S$0.037 loss in FY 2023). Revenue: S$44.3m (up 42% from FY 2023). Net income: S$1.53m (up S$4.53m from FY 2023). Profit margin: 3.4% (up from net loss in FY 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 11% per year. Announcement • Aug 16
Lion Asiapac Limited Announces Board and Committees Changes Lion Asiapac Limited announced the following changes to the board and board committees with effect from 16 August 2024: The appointment of Mr. Koong Lin Loong as an independent non-executive director of the company. Following his appointment as an independent non-executive director, Mr. Koong was also appointed as a member of the Audit Committee (AC), Nominating Committee (NC) and Remuneration Committee (RC); The appointment of Ms. Lim Mooi Lang as a non-independent non-executive director of the company. Following her appointment as a non-independent non-executive director, Ms. Lim was also appointed as a member of the AC, NC and RC. The board considers Mr. Koong as an Independent non-executive director. Following the changes, the composition of the board committees with effect from 16 August 2024 are as follows: Audit Committee: Mr. Sam Chong Keen (Chairman), Independent non-executive director; Mr. Chai Woon Chew, Independent non-executive director; Mr. Koong Lin, Loong Independent non-executive director; Mr. Lee Whay Keong, Non-independent non-executive director; Ms. Lim Mooi Lang, Non-independent non-executive director. Nominating Committee: Mr. Sam Chong Keen (Chairman), Independent non-executive director; Mr. Chai Woon Chew, Independent non-executive director; Mr. Koong Lin, Loong Independent non-executive director; Mr. Lee Whay Keong, Non-independent non-executive director; Ms. Lim Mooi Lang, Non-independent non-executive director. Remuneration Committee: Mr. Sam Chong Keen, (Chairman) Independent non-executive director; Mr. Chai Woon Chew, Independent non-executive director; Mr. Koong Lin, Loong Independent non-executive director; Mr. Lee Whay Keong. Non-independent non-executive director; Ms. Lim Mooi Lang, Non-independent non-executive director. Reported Earnings • May 15
Third quarter 2024 earnings released: EPS: S$0.001 (vs S$0.002 loss in 3Q 2023) Third quarter 2024 results: EPS: S$0.001 (up from S$0.002 loss in 3Q 2023). Revenue: S$10.7m (up 9.6% from 3Q 2023). Net income: S$52.0k (up S$177.0k from 3Q 2023). Profit margin: 0.5% (up from net loss in 3Q 2023). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 51 percentage points per year, which is a significant difference in performance. Board Change • Mar 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jan 27
Lion Asiapac Limited Provides Earnings Guidance for the Second Quarter and Half Year Ended December 31, 2023 Lion Asiapac Limited provided earnings guidance for the second quarter and half year ended December 31, 2023. Based on a preliminary review, the Group is expected to report a loss for its second quarter and half year ended 31 December 2023. This is primarily owing to unrealized exchange losses arising from the depreciating Renminbi and Ringgit Malaysia. Board Change • Nov 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 02
First quarter 2024 earnings released: EPS: S$0.001 (vs S$0.011 loss in 1Q 2023) First quarter 2024 results: EPS: S$0.001 (up from S$0.011 loss in 1Q 2023). Revenue: S$5.00m (down 38% from 1Q 2023). Net income: S$104.0k (up S$966.0k from 1Q 2023). Profit margin: 2.1% (up from net loss in 1Q 2023). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Board Change • Oct 24
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 13
Full year 2023 earnings released: S$0.037 loss per share (vs S$0.019 loss in FY 2022) Full year 2023 results: S$0.037 loss per share (further deteriorated from S$0.019 loss in FY 2022). Revenue: S$31.2m (up 1.6% from FY 2022). Net loss: S$3.00m (loss widened 93% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Announcement • Oct 12
Lion Asiapac Limited, Annual General Meeting, Oct 31, 2023 Lion Asiapac Limited, Annual General Meeting, Oct 31, 2023, at 11:00 Singapore Standard Time. Location: The Conference Room, 10 Arumugam Road, #10-00 LTC Building A Singagpore Singapore Agenda: To Adoption of Directors' Statement, Audited Financial Statements and Independent Auditor's Report; to Re-election of Mr Loh Kgai Mun as Director; to Approval of Directors' fees; to Re-appointment of RSM Chio Lim LLP as Auditors and to authorize the Directors to fix their remuneration; and to discuss other matters. Board Change • Oct 06
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 22
Full year 2023 earnings released: S$0.037 loss per share (vs S$0.019 loss in FY 2022) Full year 2023 results: S$0.037 loss per share (further deteriorated from S$0.019 loss in FY 2022). Revenue: S$31.7m (up 3.1% from FY 2022). Net loss: S$3.00m (loss widened 93% from FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Board Change • Jun 20
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 14
Third quarter 2023 earnings released: S$0.001 loss per share (vs S$0.006 loss in 3Q 2022) Third quarter 2023 results: S$0.001 loss per share (improved from S$0.006 loss in 3Q 2022). Revenue: S$9.90m (up 41% from 3Q 2022). Net loss: S$125.0k (loss narrowed 73% from 3Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 112 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 13
Second quarter 2023 earnings released: S$0.018 loss per share (vs S$0.005 loss in 2Q 2022) Second quarter 2023 results: S$0.018 loss per share (further deteriorated from S$0.005 loss in 2Q 2022). Revenue: S$7.69m (down 5.1% from 2Q 2022). Net loss: S$1.42m (loss widened 239% from 2Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 101 percentage points per year, which is a significant difference in performance. Board Change • Jan 31
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Dec 31
Lion Asiapac Limited Announces Changes to the Composition of the Board and Board Committees The Board of Directors of Lion Asiapac Limited announced the following changes to the composition of the Board and Board committees which will take effect from 31 December 2022: Retirement of Mr. Cheng Theng How as a non-independent non-executive director, member of Audit Committee, Nominating Committee and Remuneration Committee of the Company with effect from 31 December 2022. Announcement • Nov 16
Lion Asiapac Limited Announces One-Tier Tax-Exempt One Time Special Dividend, Payable on 12 December 2022 Lion Asiapac Limited announced One-tier tax-exempt one time special dividend of 10 cents per ordinary share. The one-time special dividend will be paid on 12 December 2022. The Share Transfer Books and Register of Members of the Company will be closed on 23 November 2022, for the purpose of determining the shareholders entitlements to the one-time special dividend of 10 cents per ordinary share (one-tier tax-exempt) for the financial year ending 30 June 2023. Reported Earnings • Nov 16
First quarter 2023 earnings released: S$0.011 loss per share (vs S$0 in 1Q 2022) First quarter 2023 results: S$0.011 loss per share (further deteriorated from S$0 in 1Q 2022). Revenue: S$8.10m (up 16% from 1Q 2022). Net loss: S$862.0k (down S$885.0k from profit in 1Q 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 68 percentage points per year, which is a significant difference in performance. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Oct 18
Lion Asiapac Limited Provides Earnings Guidance for the First Quarter Ended 30 September 2022 Lion Asiapac Limited provided earnings guidance for the first quarter ended 30 September 2022. The Group is expected to report a loss for its first quarter ended 30 September 2022. This is primarily owing to an unrealised exchange loss arising from the depreciating Renminbi and a one-time maintenance expenditure incurred during the period. Reported Earnings • Oct 13
Full year 2022 earnings released: S$0.019 loss per share (vs S$0.012 profit in FY 2021) Full year 2022 results: S$0.019 loss per share (down from S$0.012 profit in FY 2021). Revenue: S$30.7m (up 51% from FY 2021). Net loss: S$1.56m (down 267% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year. Announcement • Oct 12
Lion Asiapac Limited, Annual General Meeting, Oct 31, 2022 Lion Asiapac Limited, Annual General Meeting, Oct 31, 2022, at 11:00 Singapore Standard Time. Location: The Conference Room, 10 Arumugam Road #10-00 LTC Building A, Singapore Singapore Agenda: To adopt Directors' Statement, Audited Financial Statements and Independent Auditor's Report; to re-elect Tan Sri Cheng Heng Jem as Director; to re-elect Mr. Chai Woon Chew as Director; to approve Directors' fees; to consider re-appointment of RSM Chio Lim LLP as Auditors and to authorise the Directors to fix their remuneration; and to consider other matters. Reported Earnings • Aug 23
Full year 2022 earnings released: S$0.019 loss per share (vs S$0.012 profit in FY 2021) Full year 2022 results: S$0.019 loss per share (down from S$0.012 profit in FY 2021). Revenue: S$31.0m (up 52% from FY 2021). Net loss: S$1.56m (down 267% from profit in FY 2021). Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 7% per year. Announcement • May 31
Lion Asiapac Limited Announces Change of Company Secretary The Board of Directors of Lion Asiapac Limited (the "Company") announced that Ms Gan Chi Siew has been appointed as Company Secretary of the Company, in place of Ms Lah Ling San, who has resigned from such position, with effect from 31 May 2022. Following the appointment, Mr. Silvester Bernard Grant and Ms Gan Chi Siew shall be the Company Secretaries of the Company. Board Change • May 30
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 28
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Non-Executive Director Michael Chai was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 15
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: S$0.005 loss per share (down from S$0.001 profit in 2Q 2021). Revenue: S$8.24m (up 75% from 2Q 2021). Net loss: S$420.0k (down S$501.0k from profit in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 77% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • Jan 26
Lion Asiapac Limited Provides Earnings Guidance for the Second Quarter and Half Year Ended 31 December 2021 Lion Asiapac Limited provided earnings guidance for the second quarter and half year ended 31 December 2021. Owing to increased production consumables costs and higher overhead costs, the Group is expected to report a loss for its second quarter and half year ended 31 December 2021. Upcoming Dividend • Nov 30
Upcoming dividend of S$0.01 per share Eligible shareholders must have bought the stock before 07 December 2021. Payment date: 15 December 2021. Trailing yield: 2.6%. Lower than top quartile of Singaporean dividend payers (5.3%). Lower than average of industry peers (3.4%). Board Change • Nov 02
Less than half of directors are independent 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. 4 highly experienced directors. 2 independent directors (4 non-independent directors). Independent Chairman Chong Keen Sam was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Sep 28
Full year 2021 earnings released: EPS S$0.012 (vs S$0.007 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: S$21.7m (up 21% from FY 2020). Net income: S$937.0k (up 73% from FY 2020). Profit margin: 4.3% (up from 3.0% in FY 2020). The increase in margin was driven by higher revenue. 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 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 12
Third quarter 2021 earnings released The company reported a soft third quarter result with weaker earnings and profit margins, although revenues improved. Third quarter 2021 results: Revenue: S$4.77m (up 5.1% from 3Q 2020). Net income: S$235.0k (down 68% from 3Q 2020). Profit margin: 4.9% (down from 16% in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 122 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 05
Second quarter 2021 earnings released The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: S$4.71m (down 15% from 2Q 2020). Net income: S$81.0k (down 87% from 2Q 2020). Profit margin: 1.7% (down from 11% in 2Q 2020). The decrease in margin was driven by lower revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 135 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Feb 05
New 90-day high: S$0.43 The company is up 19% from its price of S$0.36 on 06 November 2020. The Singaporean market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is down 2.0% over the same period. Reported Earnings • Oct 31
First quarter earnings released Over the last 12 months the company has reported total profits of S$1.27m, with earnings increasing by S$2.04m from the prior year. Total revenue was S$18.2m over the last 12 months, down 26% from the prior year.