TeleChoice International Limited reported net profit attributable to shareholders of S$4.9 million for the six months ended Jun 30 2026, an 87.1% year-on-year increase, as higher contributions from all three business divisions lifted earnings despite pockets of weakness in Singapore retail operations.
Group revenue grew 22.7% YoY to S$296.6 million, while profit before tax (PBT) almost doubled to S$7.2 million. Diluted earnings per share rose to 1.09 Singapore cents from 0.58 cents a year earlier. The company did not declare any dividends for the period.
Personal Communications Solutions Services (PCS) remained the main growth engine, with revenue climbing 25.3% to S$205.2 million and PBT surging 139.9% to S$6.2 million, helped by stronger 4PL fulfilment and managed-services billings from Malaysian partner U Mobile. Info-Communications Technology Services (ICT) posted a 14.8% revenue rise to S$54.1 million, though PBT edged 5.3% lower to S$0.6 million as higher operating costs and an impairment on trade receivables offset gross-margin gains. Network Engineering Services (NES) lifted revenue 20.6% to S$37.3 million; PBT was steady at S$0.3 million, with Indonesian projects offsetting currency weakness and financing expenses.
Performance was tempered by continued retail losses in Singapore under PCS and softer contributions from ICT’s communications business. The group generated S$0.3 million in operating cash flow and ended the half with a net cash position of S$3.9 million and cash and cash equivalents of S$19.7 million.
Management said the results reflect disciplined execution of its “Renew, Rebuild and Transform” programme, which emphasises cost control, selective growth and diversification. TeleChoice is expanding capabilities in digital infrastructure, including data-centre and liquid-cooling projects, and expects 5G rollouts and enterprise demand for hybrid cloud, storage and AI-enabled solutions to underpin future orders for its ICT and NES units.
President and chief executive Pauline Wong noted that the diversified model helped all three divisions achieve top-line growth, setting a firmer base for “sustainable growth and long-term shareholder returns”. She said the group will continue to allocate capital prudently while targeting opportunities in structured cabling, in-building solutions, RF optimisation and managed services across Singapore, Malaysia and Indonesia.
Looking to the second half, TeleChoice expects resilient demand for telecommunications and ICT services despite macroeconomic uncertainties. Additional 5G spectrum awards in Indonesia and increasing regional investment in digital infrastructure are seen as potential catalysts for the company’s next growth phase.