METASURFACE warns of 54%–61% interim profit decline; order backlog expands 2.6-fold to S$46.30 million

Bulletin Express
Aug 11

METASURFACE TECHNOLOGIES HOLDINGS LIMITED expects profit attributable to owners for the six months ended 30 June 2026 (1H2026) to range between S$3.40 million and S$4.00 million, down 54.0%–60.9% from the restated S$8.70 million recorded in the prior-year period.

Management attributes the earnings contraction to two non-recurring items: 1. Absence of a S$6.40 million remeasurement gain booked in 1H2025 following the loss of significant influence over a former associate and the reclassification of that investment to “fair value through other comprehensive income.” 2. Listing-related expenses of about S$0.90 million incurred in 1H2026 for a planned dual primary listing.

Operational momentum remains intact. As at 30 June 2026 the Group’s outstanding purchase orders reached S$46.30 million, 2.6 times the S$17.80 million recorded a year earlier, reflecting heightened demand from the semiconductor industry supply chain.

The figures are based on unaudited management accounts and may be revised. Full interim results are scheduled for release by the end of August 2026. Investors are advised to exercise caution when dealing in METASURFACE shares until the final numbers are published.

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