Darco Water reported a FY2025 net loss of SGD 5.9 million and a loss before income tax of SGD 5.8 million, as revenue fell to SGD 51.4 million (down 13.1%). Gross profit declined to SGD 6.3 million (down 46.7%), with the group citing a lower gross profit margin due to intense competition and cost inflation in its Malaysia and China entities. Other income rose to SGD 0.7 million (up 53.6%), mainly from a SGD 0.2 million gain on disposal of a factory. By segment, FY2025 revenue was SGD 36.2 million (down 18.4%) for Engineering Projects and SGD 15.2 million (up 3.0%) for Operation and Maintenance Services, while segment loss was SGD 2.1 million for Projects and SGD 0.1 million for O&M Services. The group recorded an impairment loss on financial assets of SGD 0.7 million and finance costs of SGD 1.3 million (up 5.6%). Basic and diluted FY2025 loss per share was 5.17 Singapore cents. On the balance sheet, net asset value per share was 25.36 cents as at 31 December 2025. The group’s cash and bank balances were SGD 9.8 million, and cash and cash equivalents ended at SGD 8.0 million, after net cash generated from operating activities of SGD 1.0 million for FY2025. Darco Water said it divested non-core assets in Malaysia, including a factory, and reclassified a parcel of land as an asset held for sale (SGD 1.3 million). It also highlighted a plan to acquire the remaining 49% stake in Darco InfraCo Vietnam Water Pte. Ltd. for about USD 3.6 million in three tranches; shareholder approval was obtained on 27 February 2026. No dividend was declared for FY2025.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Darco Water Technologies Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: CH772UKBKPI5W414) on February 28, 2026, and is solely responsible for the information contained therein.