Duyuru • Dec 24
Wilton Resources Corporation Limited to Report Fiscal Year 2025 Results on Mar 01, 2026 Wilton Resources Corporation Limited announced that they will report fiscal year 2025 results at 12:00 PM, Singapore Standard Time on Mar 01, 2026 New Risk • Nov 18
New major risk - Revenue and earnings growth Earnings have declined by 35% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-Rp47b free cash flow). Share price has been highly volatile over the past 3 months (25% average weekly change). Negative equity (-Rp112b). Earnings have declined by 35% per year over the past 5 years. Revenue is less than US$1m (Rp2.1b revenue, or US$128k). Minor Risk Market cap is less than US$100m (S$34.1m market cap, or US$26.2m). New Risk • Oct 16
New major risk - Negative shareholders equity The company has negative equity. Total equity: -Rp56b This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (26% average weekly change). Negative equity (-Rp56b). Revenue is less than US$1m (Rp1.3b revenue, or US$80k). Minor Risk Market cap is less than US$100m (S$36.7m market cap, or US$28.4m). Reported Earnings • Oct 16
Full year 2024 earnings released: Rp90.13 loss per share (vs Rp14.22 loss in FY 2023) Full year 2024 results: Rp90.13 loss per share (further deteriorated from Rp14.22 loss in FY 2023). Net loss: Rp236.5b (loss widened Rp199.2b from FY 2023). Production and reserves: Gold Proved and probable reserves (ore): 3.26 Mt (3.26 Mt in FY 2023) Number of mines: 1 (1 in FY 2023) Over the last 3 years on average, earnings per share has fallen by 54% 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. Duyuru • Oct 15
Wilton Resources Corporation Limited, Annual General Meeting, Oct 31, 2025 Wilton Resources Corporation Limited, Annual General Meeting, Oct 31, 2025, at 10:00 Singapore Standard Time. Location: serangoon gardens country club, kensington ballroom 1, heliconia wing 2nd level, 22 kensington park road, singapore 557271, Singapore Reported Earnings • Jul 15
Full year 2024 earnings released: Rp48.30 loss per share (vs Rp14.22 loss in FY 2023) Full year 2024 results: Rp48.30 loss per share (further deteriorated from Rp14.22 loss in FY 2023). Net loss: Rp126.7b (loss widened 240% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. New Risk • Jun 30
New major risk - Revenue and earnings growth Revenue has declined by 54% over the past year. 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 revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue 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 Risks Share price has been highly volatile over the past 3 months (25% average weekly change). Revenue has declined by 54% over the past year. Revenue is less than US$1m (Rp2.2b revenue, or US$135k). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (S$26.2m market cap, or US$20.6m). New Risk • Apr 18
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2024. 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 Risks Share price has been highly volatile over the past 3 months (32% average weekly change). Revenue is less than US$1m (Rp2.2b revenue, or US$129k). Minor Risks Latest financial reports are more than 6 months old (reported June 2024 fiscal period end). Market cap is less than US$100m (S$21.0m market cap, or US$16.0m). Duyuru • Dec 27
Wilton Resources Corporation Limited Provides Further Operational Updates on the Ciemas Gold Project The board of directors (the "Board") of Wilton Resources Corporation Limited refers to the Company's announcement dated 10 December 2024 in relation to the Operational Updates on the Ciemas Gold Project (the "Announcement"). Further to the Announcement, the Board wishes to update that due to the continued power outage as a result of the heavy rainfall caused by the La Nina phenomenon, the Group's Processing Facility is currently unable to operate due to the lack of electricity and lack of new supplies of fuel to power the back-up fuel generators of the Processing Facility. Despite working closely with Perusahaan Listrik Negara, an Indonesian government owned corporation which generates the majority of the country's electrical power, the supply of electricity to the Group's Processing Facility continues to be unstable. In addition, the damages to the roads and bridges have continued to prevent vendors from delivering any supplies, including new supplies of fuel, to the mine site. Notwithstanding, there has been no damage to the infrastructure of the Group's Processing Facility, as well as its supporting infrastructure to-date, and all headcount on the mine site has been accounted for. The Company will continue to monitor the situation and make appropriate announcement(s) as and when there are material developments, including material financial impact to the Group, if any. Shareholders and potential investors of the Company are reminded to exercise caution when dealing in the securities of the Company and are advised to read this announcement and any further announcements by the Company carefully. When in doubt, shareholders and potential investors of the Company should consult their stockbrokers, bank managers, solicitors, accountants or other professional advisors if they are in doubt about the actions that they should take. Reported Earnings • Oct 05
First half 2024 earnings released: Rp28.67 loss per share (vs Rp32.77 loss in 1H 2023) First half 2024 results: Rp28.67 loss per share (improved from Rp32.77 loss in 1H 2023). Net loss: Rp75.2b (loss narrowed 13% from 1H 2023). Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has fallen by 31% per year, which means it is performing significantly worse than earnings. Board Change • Oct 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. 1 experienced director. 4 highly experienced directors. Independent Non-Executive Director Louis Lui was the last director to join the board, commencing their role in 2021. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Duyuru • Oct 01
Wilton Resources Corporation Limited, Annual General Meeting, Oct 17, 2024 Wilton Resources Corporation Limited, Annual General Meeting, Oct 17, 2024, at 10:00 Singapore Standard Time. Location: temasek club, 131 rifle range road, singapore 588406, Singapore Duyuru • Sep 16
Wilton Resources Corporation Limited Announces Change of Company Secretaries The board of directors of Wilton Resources Corporation Limited announced that Mr. Lee Wei Hsiung and Mr. Chin Yee Seng have been appointed as Company Secretaries of the Company with effect from 16 September 2024 in place of Ms. Siau Kuei Lian who has resigned as the Company Secretary of the Company with effect from 16 September 2024. New Risk • Sep 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. 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 Risks Less than 1 year of cash runway based on free cash flow trend (-Rp64b free cash flow). Share price has been highly volatile over the past 3 months (35% average weekly change). Revenue is less than US$1m (Rp4.0b revenue, or US$259k). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Market cap is less than US$100m (S$23.6m market cap, or US$18.2m). Reported Earnings • Mar 02
Full year 2023 earnings released: Rp14.51 loss per share (vs Rp57.58 loss in FY 2022) Full year 2023 results: Rp14.51 loss per share (improved from Rp57.58 loss in FY 2022). Net loss: Rp38.1b (loss narrowed 75% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 23% 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. New Risk • Mar 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2023. 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 Risks Less than 1 year of cash runway based on free cash flow trend (-Rp65b free cash flow). Revenue is less than US$1m (Rp4.7b revenue, or US$301k). Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Market cap is less than US$100m (S$44.6m market cap, or US$33.1m). Reported Earnings • Aug 20
First half 2023 earnings released: Rp32.77 loss per share (vs Rp37.09 loss in 1H 2022) First half 2023 results: Rp32.77 loss per share (improved from Rp37.09 loss in 1H 2022). Net loss: Rp86.0b (loss narrowed 11% from 1H 2022). New Risk • Jul 01
New major 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 13% 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 Risks Less than 1 year of cash runway based on free cash flow trend (-Rp68b free cash flow). Revenue is less than US$1m (Rp5.4b revenue, or US$360k). Minor Risks Share price has been volatile over the past 3 months (13% average weekly change). Market cap is less than US$100m (S$39.4m market cap, or US$29.1m). Reported Earnings • Apr 15
Full year 2022 earnings released: Rp57.58 loss per share (vs Rp5.92 profit in FY 2021) Full year 2022 results: Rp57.58 loss per share (down from Rp5.92 profit in FY 2021). Net loss: Rp150.3b (down Rp165.5b from profit in FY 2021). Production and reserves: Gold Proved and probable reserves (ore): 3.26 Mt (3.26 Mt in FY 2021) Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Reported Earnings • Mar 03
Full year 2022 earnings released: Rp57.58 loss per share (vs Rp5.92 profit in FY 2021) Full year 2022 results: Rp57.58 loss per share (down from Rp5.92 profit in FY 2021). Net loss: Rp150.3b (down Rp165.5b from profit in FY 2021). Over the last 3 years on average, earnings per share has increased by 69% per year but the company’s share price has fallen by 22% per year, which means it is significantly lagging earnings. Reported Earnings • Aug 12
First half 2022 earnings released First half 2022 results: Net income: (up Rp106.8b from 1H 2021). 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 18% per year, which means it is significantly lagging earnings. Reported Earnings • Apr 17
Full year 2021 earnings released: EPS: Rp5.92 (vs Rp34.24 loss in FY 2020) Full year 2021 results: EPS: Rp5.92 (up from Rp34.24 loss in FY 2020). Net income: Rp15.2b (up Rp102.1b from FY 2020). Production and reserves: Gold Proved and probable reserves (ore): 3.26 Mt (3.26 Mt in FY 2020) Number of mines: 1 (1 in FY 2020) Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Duyuru • Apr 13
Wilton Resources Corporation Limited, Annual General Meeting, Apr 28, 2022 Wilton Resources Corporation Limited, Annual General Meeting, Apr 28, 2022, at 15:00 Singapore Standard Time. Agenda: To consider adoption of the Directors' Statement and the Audited Financial Statements of the company and the Group for the financial year ended 31 December 2021 together with the Auditors' Report thereon; to consider Approval of Directors' fees of SGD 143,500 for the financial year ending 31 December 2022, to be payable quarterly in arrears; to consider Re-election of Mr Wijaya Lawrence as a Director of the company; to consider Re-election of Mr Seah Seow Kang Steven as a Director of the company; to consider Re-election of Mr Lui Pang Hung as a Director of the company; to consider Re-appointment of Ernst & Young LLP as the Auditors of the Company and to authorise the Directors of the company to fix their remuneration; to consider Authority to allot and issue shares in the capital of the Company; and to consider other matters. Reported Earnings • Mar 02
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: Rp5.92 (up from Rp34.24 loss in FY 2020). Net income: Rp15.2b (up Rp102.1b from FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 54% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Executive Departure • May 04
Lead Independent Director has left the company On the 30th of April, Kiang Kok Teo's tenure as Lead Independent Director ended after 7.4 years in the role. We don't have any record of a personal shareholding under Kiang Kok's name. A total of 3 executives have left over the last 12 months. Duyuru • Apr 01
Wilton Resources Corporation Limited announced that it expects to receive SGD 4.5 million in funding from European High Growth Opportunities Manco S.A. Wilton Resources Corporation Limited (Catalist:5F7) entered into a subscription agreement to issue unsecured convertible notes for gross proceeds of SGD 4,500,000 on March 30, 2021. The transaction will included participation from European High Growth Opportunities Securitization Fund a fund managed by European High Growth Opportunities Manco S.A.. The company will also issue upto 90,000,000 warrants with lowest possible exercise price of SGD 0.015. The first tranche of SGD 1,000,000 shall be issued on the fifth trading day following receipt of approval from the SGX-ST for the listing and quotation of the maximum number of new shares envisaged to be allotted and issued pursuant to the subscription agreement on the Catalist and 4 following the first tranche, and from the first issuance date to the end of the commitment period, the company shall have the right to require the subscriber to subscribe for up to four subsequent tranches of SGD 750,000 per tranche and a final tranche of SGD 500,000. The Notes shall accrue no interest. Each Note shall mature on the date falling twelve months from its date of issue. The transaction expenses would be SGD 600,000 bringing net proceeds to SGD 3,900,000. Duyuru • Mar 04
Wilton Resources Corporation Limited Approves Appointment of Andrianto Darmasaputra Lawrence as Executive Officer Wilton Resources Corporation Limited announced that the Nominating Committee had considered Mr. Andrianto Darmasaputra Lawrence's performance as Vice President (Operations) and recommended to the Board of Directors for his appointment as an Executive Officer of the company. The Board, with the recommendation of the Nominating Committee, approved Mr. Andrianto's appointment as an Executive Officer of the company. Executive. Mr. Andrianto reports to the Executive Chairman and President and is responsible for managing the Company's day-to-day operations as well as Human Resources and Finance of the Group. Duyuru • Mar 03
Wilton Resources Corporation Limited Announces Appointment of Chia Wei Yang (Ethan) as Executive Officer Wilton Resources Corporation Limited announced appointment of Chia Wei Yang (Ethan) as Executive Officer. Chia will be responsible for providing leadership and direction for all aspects of financial planning, internal control compliance, financial reporting matters of the Company and its Group of companies, and communication of financial performance and forecast of the Group's performance to the Board of Directors and SGX. The Board, with the recommendation of the Audit Committee and the Nominating Committee, approves the appointment of Mr. Chia (Group Financial Controller) as an Executive Officer of the Company. Executive Departure • Feb 26
Joint Company Secretary has left the company On the 24th of February, Kok Liang Chew's tenure in the role of Joint Company Secretary ended. We don't have any record of a personal shareholding under Kok Liang's name. A total of 2 executives have left over the last 12 months. Duyuru • Feb 25
Wilton Resources Corporation Limited Announces Change of Joint Company Secretary The board of directors of Wilton Resources Corporation Limited announced that Ms. Siau Kuei Lian has been appointed as Joint Company Secretary in place of Mr. Chew Kok Liang with effect from 24 February 2021. Following the above changes, Ms. Siau Kuei Lian and Ms. Teo Chia Hui will be the Joint Company Secretaries of the Company. Duyuru • Dec 01
Wilton Resources Corporation Limited to Report Q2, 2021 Results on Jan 03, 2021 Wilton Resources Corporation Limited announced that they will report Q2, 2021 results on Jan 03, 2021 Duyuru • Sep 17
Wilton Resources Corporation Limited to Report 18 Months Period Ending Dec 31, 2020 Results on Mar 01, 2021 Wilton Resources Corporation Limited announced that they will report 18 months, period ending Dec 31, 2020 results on Mar 01, 2021 Duyuru • Sep 09
Wilton Resources Corporation Limited to Report Q1, 2021 Results on Nov 14, 2020 Wilton Resources Corporation Limited announced that they will report Q1, 2021 results on Nov 14, 2020 
