Taiga Building Products posts 9-month revenue of S$1.27 b, books S$37.7 m net profit

SGX Filings
11/08

Taiga Building Products Ltd. (TBL) has released its unaudited results for the three and nine months ended Sep, 30 2025.

For the first nine months of 2025, revenue edged up 2.2% year-on-year to 1,272.2 million Singapore dollars, while cost of sales rose to 1,137.3 million Singapore dollars. Gross margin stood at 134.9 million Singapore dollars. Net profit totalled 37.7 million Singapore dollars, compared with 41.0 million Singapore dollars a year earlier. Earnings per share were S$0.35, versus S$0.38 in the prior-year period.

During the July–September quarter, revenue increased to 431.3 million Singapore dollars from 423.9 million Singapore dollars in the same quarter last year. Quarterly net profit came in at 12.8 million Singapore dollars, down from 14.3 million Singapore dollars a year ago.

As at Sep, 30 2025, the company held cash and cash equivalents of 36.6 million Singapore dollars and had drawn 8.6 million Singapore dollars on its revolving credit facility. Shareholders’ equity amounted to 308.3 million Singapore dollars.

A special one-time dividend of S$1.6675 per share (totalling about 180.0 million Singapore dollars) was paid on Jun, 23 2025. No shares were repurchased under the normal course issuer bid during the reporting period.

The company said sales continued to be concentrated in Canada, which contributed 84.0 % of the nine-month revenue, with the United States accounting for the remaining 16.0 %.

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