ZICOM Group Ltd Profit Guidance for FY2026
Key points
- Expected revenue of S$94m, down 30% from previous year
- Net profits after tax expected between S$5.0-5.5m, down 35%
- Political changes and global geopolitics impacted performance
- Company confident in future prospects with political stability
- All business segments expected to remain profitable
Full summary
ZICOM Group Ltd's preliminary accounts indicate a significant drop in revenue to S$94 million, a 30% decrease from the previous year's S$135 million. Net profits after tax are expected to fall between S$5.0-5.5 million, a 35% decrease from the previous year's S$7.75 million. The decline is primarily attributed to the completion of gas processing EPC contracts and political changes in the host country of major projects. Despite these challenges, the company remains optimistic about future prospects due to political stability and ongoing efforts to strengthen the organization and reset business directions.
Guidance
Revenue: S$94m, Net Profits: S$5.0-5.5m for FY2026
Outlook
ZICOM Group Ltd is confident in its future prospects, expecting all business segments to remain profitable in the coming years, subject to the geopolitical situation not deteriorating further.
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