Declared Dividend • Jun 27
Dividend of S$0.02 announced Dividend of S$0.02 is the same as last year. Ex-date: 5th August 2026 Payment date: 18th August 2026 Dividend yield will be 4.3%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is covered by cash flows (77% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Jun 25
Metro Holdings Limited, Annual General Meeting, Jul 24, 2026 Metro Holdings Limited, Annual General Meeting, Jul 24, 2026, at 15:00 Singapore Standard Time. Location: grand ballroom iii, level 6, orchard wing, hilton singapore orchard, 333 orchard road, singapore 238867, Singapore Reported Earnings • May 23
Full year 2026 earnings released: S$0.24 loss per share (vs S$0.27 loss in FY 2025) Full year 2026 results: S$0.24 loss per share (improved from S$0.27 loss in FY 2025). Revenue: S$97.7m (down 6.6% from FY 2025). Net loss: S$203.2m (loss narrowed 9.6% from FY 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 97 percentage points per year, which is a significant difference in performance. Announcement • May 01
Metro Holdings Limited to Report Fiscal Year 2026 Results on May 22, 2026 Metro Holdings Limited announced that they will report fiscal year 2026 results on May 22, 2026 Announcement • Aug 28
Metro Holdings Limited Approves Tax Exempt (One Tier) Final Cash Dividend for the Financial Year Ended March 31, 2025, Payable on August 18, 2025 Metro Holdings Limited in its Annual general meeting held on July 29, 2025 declared and approved the First and Final Tax exempt (one- tier) dividend of 2.0 cents per ordinary share for the financial year ended 31 March 2025. The Company Secretary informed the Meeting that the first and final dividend would be paid on 18 August 2025 to shareholders who are registered with the Company on 6 August 2025. Recent Insider Transactions • Aug 20
Non-Executive Non-Independent Director recently bought S$165k worth of stock On the 14th of August, Sek Hian Ong bought around 397k shares on-market at roughly S$0.42 per share. This transaction increased Sek Hian's direct individual holding by 4x at the time of the trade. This was the largest purchase by an insider in the last 3 months. Insiders have collectively bought S$293k more in shares than they have sold in the last 12 months. Board Change • Aug 06
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Independent Director Poon Seow was the last director to join the board, commencing their role in 2025. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Jul 29
Upcoming dividend of S$0.02 per share Eligible shareholders must have bought the stock before 05 August 2025. Payment date: 18 August 2025. The company is not currently making a profit but it is cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Singaporean dividend payers (5.4%). Higher than average of industry peers (1.9%). Reported Earnings • Jul 10
Full year 2025 earnings released: S$0.27 loss per share (vs S$0.018 profit in FY 2024) Full year 2025 results: S$0.27 loss per share (down from S$0.018 profit in FY 2024). Revenue: S$104.5m (down 9.8% from FY 2024). Net loss: S$224.8m (down S$239.4m from profit in FY 2024). 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. Declared Dividend • Jul 09
Dividend of S$0.02 announced Dividend of S$0.02 is the same as last year. Ex-date: 5th August 2025 Payment date: 18th August 2025 Dividend yield will be 4.7%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is being paid despite the company being loss-making over the last 12 months. However, the dividend is well covered by cash flows (38% cash payout ratio). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. Announcement • Jul 08
Metro Holdings Limited Announces Retirement of Ng Ee Peng as Non-Executive and Independent Director, Effective July 29, 2025 Metro Holdings Limited announced retirement of Ng Ee Peng as non-executive and independent director. Job Title A member of the Audit and Remuneration Committees. Other DirectorShips Past: ERN Investments Pte Ltd. . Other DirectorShips Present: Sinamars Land Limited 2. Lunas Analytics.ai Pte Ltd. . As part of the Board renewal process, Mr. Ng Ee Peng will be retiring by rotation pursuant to Article 94 of the Constitution of Metro Holdings Ltd. The Board and Management of Metro Holdings Ltd. would like to express their gratitude to Mr. Ng Ee Peng for his invaluable contributions and guidance to the Board and the Metro Group. Upon his retirement from the Board at the conclusion of the annual general meeting to be held on 29 July 2025, Mr. Ng Ee Peng will also step down as a member of the Audit and Remuneration Committees. Announcement • Jul 07
Metro Holdings Limited, Annual General Meeting, Jul 29, 2025 Metro Holdings Limited, Annual General Meeting, Jul 29, 2025, at 15:00 Singapore Standard Time. Location: grand ballroom iii, level 6,orchard wing, hilton singapore orchard, 333 orchard road, singapore 238867, Singapore Reported Earnings • May 24
Full year 2025 earnings released: S$0.27 loss per share (vs S$0.018 profit in FY 2024) Full year 2025 results: S$0.27 loss per share (down from S$0.018 profit in FY 2024). Revenue: S$104.5m (down 9.8% from FY 2024). Net loss: S$224.8m (down S$239.4m from profit in FY 2024). 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. Announcement • Aug 23
Metro Holdings Limited Approves First and Final Tax Exempt (One- Tier) Dividend for the Financial Year Ended 31 March 2024 Metro Holdings Limited announced that at its AGM held on 26 July 2024, the shareholders approved first and final tax exempt (one- tier) dividend of 2.0 cents per ordinary share for the financial year ended 31 March 2024. The company secretary informed the Meeting that the first and final dividend would be paid on 16 August 2024 to shareholders who are registered with the company on 5 August 2024. Upcoming Dividend • Jul 26
Upcoming dividend of S$0.02 per share Eligible shareholders must have bought the stock before 02 August 2024. Payment date: 16 August 2024. The company is paying out more than 100% of its earnings and cash flow. Trailing yield: 4.1%. Lower than top quartile of Singaporean dividend payers (6.3%). Higher than average of industry peers (2.1%). Reported Earnings • Jul 07
Full year 2024 earnings released: EPS: S$0.018 (vs S$0.03 in FY 2023) Full year 2024 results: EPS: S$0.018 (down from S$0.03 in FY 2023). Revenue: S$115.9m (down 1.1% from FY 2023). Net income: S$14.6m (down 42% from FY 2023). Profit margin: 13% (down from 22% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Declared Dividend • Jul 06
Dividend of S$0.02 announced Shareholders will receive a dividend of S$0.02. Ex-date: 2nd August 2024 Payment date: 16th August 2024 Dividend yield will be 4.1%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is not covered by earnings (114% earnings payout ratio) nor is it covered by cash flows (dividend approximately 18x free cash flows). The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. The company's earnings per share (EPS) would need to grow by 26% to bring the payout ratio under control. However, EPS has declined by 31% over the last 5 years so the company would need to reverse this trend. Announcement • Jul 05
Metro Holdings Limited, Annual General Meeting, Jul 26, 2024 Metro Holdings Limited, Annual General Meeting, Jul 26, 2024, at 15:00 Singapore Standard Time. Location: grand ballroom iii, level 6, orchard wing, hilton singapore orchard, 333 orchard road, singapore 238867, Singapore New Risk • May 25
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: 13% Last year net profit margin: 21% 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: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 101% Dividend per share is over 18x cash flows per share. Earnings have declined by 35% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (13% net profit margin). Reported Earnings • May 25
Full year 2024 earnings released: EPS: S$0.018 (vs S$0.03 in FY 2023) Full year 2024 results: EPS: S$0.018 (down from S$0.03 in FY 2023). Revenue: S$115.9m (down 1.1% from FY 2023). Net income: S$14.6m (down 42% from FY 2023). Profit margin: 13% (down from 22% in FY 2023). The decrease in margin was primarily driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 29% 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 • Nov 17
First half 2024 earnings released: EPS: S$0.01 (vs S$0.02 in 1H 2023) First half 2024 results: EPS: S$0.01 (down from S$0.02 in 1H 2023). Revenue: S$48.3m (down 4.1% from 1H 2023). Net income: S$8.19m (down 52% from 1H 2023). Profit margin: 17% (down from 34% in 1H 2023). Over the last 3 years on average, earnings per share has fallen by 22% per year but the company’s share price has only fallen by 8% per year, which means it has not declined as severely as earnings. Announcement • Jul 23
Metro Holdings Limited Announces Board Changes Metro Holdings Limited announced the reconstitution to the following Committees: Ms. Deborah Lee Siew Yin has been appointed as Chairman of the Audit Committee. Mr. Soong Hee Sang has been appointed as a member of the Remuneration Committee in place of Ms Deborah Lee Siew Yin. Mr. Soong Hee Sang and Mr. Ong Sek Hian (Wang ShiXian) have been appointed as members of the Nominating Committee. Upcoming Dividend • Jul 19
Upcoming dividend of S$0.022 per share at 3.2% yield Eligible shareholders must have bought the stock before 26 July 2023. Payment date: 08 August 2023. Payout ratio is a comfortable 66% and this is well supported by cash flows. Trailing yield: 3.2%. Lower than top quartile of Singaporean dividend payers (6.2%). Higher than average of industry peers (1.9%). New Risk • Jun 30
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 29% 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 Earnings have declined by 43% per year over the past 5 years. Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Large one-off items impacting financial results. Reported Earnings • Jun 29
Full year 2023 earnings released: EPS: S$0.03 (vs S$0.029 in FY 2022) Full year 2023 results: EPS: S$0.03 (up from S$0.029 in FY 2022). Revenue: S$117.2m (up 17% from FY 2022). Net income: S$25.2m (up 6.1% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • May 27
Full year 2023 earnings released: EPS: S$0.03 (vs S$0.029 in FY 2022) Full year 2023 results: EPS: S$0.03 (up from S$0.029 in FY 2022). Revenue: S$117.2m (up 17% from FY 2022). Net income: S$25.2m (up 6.1% from FY 2022). Profit margin: 22% (down from 24% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 16
First half 2023 earnings released: EPS: S$0.02 (vs S$0.022 in 1H 2022) First half 2023 results: EPS: S$0.02 (down from S$0.022 in 1H 2022). Revenue: S$53.9m (up 40% from 1H 2022). Net income: S$16.9m (down 7.9% from 1H 2022). Profit margin: 31% (down from 48% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Nov 13
First half 2023 earnings released: EPS: S$0.02 (vs S$0.022 in 1H 2022) First half 2023 results: EPS: S$0.02 (down from S$0.022 in 1H 2022). Revenue: S$53.9m (up 40% from 1H 2022). Net income: S$16.9m (down 7.9% from 1H 2022). Profit margin: 31% (down from 48% in 1H 2022). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 11% per year, which means it has not declined as severely as earnings. Announcement • Nov 02
Metro Holdings Limited Appoints Ong Sek Hian (Wang ShiXian) as Non-Executive and Non-Independent Director Metro Holdings Limited appointed Ong Sek Hian (Wang ShiXian) as Non-Executive and Non-Independent Director of the company, with effect from November 1, 2022. Mr. Ong Sek Hian (Wang ShiXian) ("Mr. Ong") is the nominee of Leroy Singapore Pte Ltd, a substantial shareholder of the Company. After having considered the qualification and working experience of Mr. Ong, the Board with the recommendation of the Nominating Committee, approved the appointment of Mr. Ong as a Non-Executive and Non-Independent Director. The Board is of the view that Mr. Ong's broad business experience would provide further diversity to the core competencies and skill sets of the Board. Work Experience: 2016 - Present: Director, Owner, Komoco Holdings Pte Ltd. 2019 - Present: Director, Owner, Krewfit Pte Ltd. 2018 - Present: Owner, Bellion Clofe Technologies. 2017 - Present: Director, Owner, Oriental Tanks Pte Ltd. Other Directorships: 2017 - Present: Leroy Singapore Pte Ltd. 2017 - Present: Dynamic Holdings Pte Ltd. 2016 - Present: Bishopsgate Pte Ltd. Previous Work Experience: 2014 - 2021: Founder, Owner, Marketing Director, PasarBella, Singapore. 2011 - 2014: Brand Executive, Domestic Marketing, 100PLUS, Fraser and Neave, Limited (F&B Division), Singapore. Education: 2006 - 2011: Bachelor of Business Management (BBm), concentration in Marketing, Singapore Management University, Lee Kong Chian School of Business (LKCSB), Singapore. 2005 - 2006: Boston University, School of Management (SMG), Boston, Massachusetts, USA. 2003 - 2005: Captain, Deputy Operations Officer (DyS3), Ground Forward Air Controller, 3rd Singapore Infantry Regiment, National Service, Singapore Armed Forces. Board Change • Oct 31
High number of new directors Non-Executive & Independent Director Hee Sang Soong was the last director to join the board, commencing their role in 2022. Board Change • Sep 05
High number of new directors Non-Executive & Independent Director Hee Sang Soong was the last director to join the board, commencing their role in the last week. Announcement • Sep 02
Metro Holdings Limited Announces Appointment of Soong Hee Sang as Non-Executive and Independent Director Metro Holdings Ltd. announced the appointment of Mr. Soong Hee Sang as a Non-Executive and Independent Director of the Company. Upcoming Dividend • Jul 19
Upcoming dividend of S$0.03 per share Eligible shareholders must have bought the stock before 26 July 2022. Payment date: 08 August 2022. Payout ratio is a comfortable 70% and this is well supported by cash flows. Trailing yield: 2.6%. Lower than top quartile of Singaporean dividend payers (6.2%). In line with average of industry peers (2.4%). Reported Earnings • Jul 09
Full year 2022 earnings released: EPS: S$0.029 (vs S$0.044 in FY 2021) Full year 2022 results: EPS: S$0.029 (down from S$0.044 in FY 2021). Revenue: S$100.5m (up 3.3% from FY 2021). Net income: S$23.7m (down 36% from FY 2021). Profit margin: 24% (down from 38% in FY 2021). Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Announcement • May 29
Metro Holdings Limited Recommends Final Exempt (One-Tier) Dividend for 2021 The Board of Metro Holdings Limited has recommended Final exempt (one-tier) dividend of 2.0 Singapore cents (2020: 2.0 cents) per ordinary share for 2021. Reported Earnings • May 29
Full year 2022 earnings released: EPS: S$0.029 (vs S$0.044 in FY 2021) Full year 2022 results: EPS: S$0.029 (down from S$0.044 in FY 2021). Revenue: S$100.5m (up 3.3% from FY 2021). Net income: S$23.7m (down 36% from FY 2021). Profit margin: 24% (down from 38% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 46% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Announcement • May 28
Metro Holdings Limited Recommends Final Special Exempt (One-Tier) Dividend for 2021 The Board of Metro Holdings Limited has recommended Final special exempt (one-tier) dividend of 1.0 Singapore cent per ordinary share (0.25 Singapore cents per ordinary share in previous year). Reported Earnings • Nov 15
First half 2022 earnings released: EPS S$0.022 (vs S$0.024 in 1H 2021) The company reported a mediocre first half result with weaker earnings and profit margins, although revenues improved. First half 2022 results: Revenue: S$38.6m (up 36% from 1H 2021). Net income: S$18.3m (down 7.3% from 1H 2021). Profit margin: 48% (down from 69% in 1H 2021). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 10% per year, which means it has not declined as severely as earnings. Executive Departure • Aug 04
Non-Executive & Independent Director Bah Lee Phua has left the company On the 29th of July, Bah Lee Phua's tenure as Non-Executive & Independent Director ended after 27.8 years in the role. As of March 2021, Bah Lee still personally held only 72.58k shares (S$55k worth at the time). Bah Lee is the only executive to leave the company over the last 12 months. The current median tenure of the management team is 3.00 years. Upcoming Dividend • Jul 26
Upcoming dividend of S$0.022 per share Eligible shareholders must have bought the stock before 02 August 2021. Payment date: 11 August 2021. Trailing yield: 2.5%. Lower than top quartile of Singaporean dividend payers (5.0%). Higher than average of industry peers (1.9%). Reported Earnings • Jul 16
Full year 2021 earnings released: EPS S$0.044 (vs S$0.039 in FY 2020) The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: S$97.3m (down 54% from FY 2020). Net income: S$36.8m (up 14% from FY 2020). Profit margin: 38% (up from 15% in FY 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 58% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Announcement • Jul 15
Metro Holdings Limited Proposes Special Tax Exempt (One-Tier) Dividend for the Financial Year Ended 31 March 2021, Payable on 11 August 2021 Metro Holdings Limited announced that the Transfer Books and Register of Members of the Company will be closed on 4 August 2021 for the purpose of determining shareholders' entitlements to the proposed special tax exempt (one-tier) dividend of 0.25 cent per ordinary share for the financial year ended 31 March 2021. Shareholders (being Depositors) whose securities accounts with The Central Depository (Pte) Limited are credited with shares as at 5.00 p.m. on the Record Date will rank for the Proposed Dividend. The Proposed Dividend, if approved at the Forty-Eighth Annual General Meeting of the Company to be held on 29 July 2021, will be paid on 11 August 2021. Reported Earnings • May 27
Full year 2021 earnings released The company reported a decent full year result with improved earnings and profit margins, although revenues were weaker. Full year 2021 results: Revenue: S$97.3m (down 54% from FY 2020). Net income: S$36.8m (up 14% from FY 2020). Profit margin: 38% (up from 15% in FY 2020). The increase in margin was driven by lower expenses. Is New 90 Day High Low • Jan 04
New 90-day high: S$0.77 The company is up 12% from its price of S$0.69 on 06 October 2020. The Singaporean market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is down 3.0% over the same period. Reported Earnings • Nov 15
First half 2021 earnings released: EPS S$0.024 The company reported a soft first half result with weaker earnings and revenues, although profit margins were improved. First half 2021 results: Revenue: S$28.5m (down 56% from 1H 2020). Net income: S$19.8m (down 5.7% from 1H 2020). Profit margin: 69% (up from 32% in 1H 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has only fallen by 18% per year, which means it has not declined as severely as earnings. Announcement • Oct 31
Metro Holdings Limited Announces the Appointment of Ong Jenn (Wang Zhen) as Director of Business Development, Effective November 02, 2020 Metro Holdings Limited announced the appointment of Ong Jenn (Wang Zhen) as Director of Business Development. The appointment was effective on November 02, 2020. Mr. Ong Jenn had been with the Metro Group between January 2004 to July 2016. He had assisted in the business development of the Metro Group. Is New 90 Day High Low • Oct 29
New 90-day low: S$0.68 The company is down 9.0% from its price of S$0.74 on 30 July 2020. The Singaporean market is down 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is down 5.0% over the same period. Is New 90 Day High Low • Sep 21
New 90-day low: S$0.70 The company is down 8.0% from its price of S$0.77 on 22 June 2020. The Singaporean market is down 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 1.0% over the same period.