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reversal","url":"https://stock-news.laohu8.com/highlight/detail?id=2627294581","media":"Reuters","labels":["dataReport","event"],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627294581?lang=en_us&edition=fundamental","pubTime":"2026-04-16 18:46","pubTimestamp":1776336414,"startTime":"0","endTime":"0","summary":"Hor Kew flagged material audit-driven adjustments to FY2025 results, lifting audited profit for year to $12.9 million from $9.2 million in unaudited figures.Profit before tax was revised up to $17.3 million from $13.6 million, driven mainly by an additional $5.6 million reversal of impairment on trade receivables.General and administrative expenses were revised up to $17.4 million from $15.5 million, reflecting higher keyman insurance costs, staff costs, and estimated restoration costs.Balance sheet changes included higher property, plant and equipment to $94.3 million from $91.1 million, mainly from capitalisation of $2.8 million restoration cost for new production facility.Cash flow presentation was revised, with net cash used in investing activities cut to $2.8 million from $63.5 million due to lease-related non-cash transactions reclassified to purchases of PPE.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. While PUBT striv","market":"us","thumbnail":null,"type":0,"news_type":0,"thumbnails":[],"rights":null,"property":[],"language":"en","translate_title":"","themeId":null,"theme_name":"","theme_type":"","isJumpTheme":false,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20260416:nNDLbXxL7V:1","is_publish_highlight":false,"source_rank":0,"column":"","sentiment":"1","news_top_title":"Hor Kew FY2025 audit lifts profit on S$5.6 million trade receivables impairment reversal","news_tag":"dataReport,event","news_rank":0,"length":0,"strategy_id":0,"source":null,"symbols":["BBP.SI","BK6045","BK6520"],"isVideo":false,"video":null,"gpt_icon":0},{"id":"2627390236","title":"Hor Kew publishes 2025 annual report","url":"https://stock-news.laohu8.com/highlight/detail?id=2627390236","media":"Reuters","labels":[],"top":-1,"itemType":null,"share":"https://ttm.financial/m/news/2627390236?lang=en_us&edition=fundamental","pubTime":"2026-04-15 23:48","pubTimestamp":1776268110,"startTime":"0","endTime":"0","summary":"Hor Kew published annual report for FY2025, flagging softer revenue and profit versus FY2024 due to project timing, lower delivery volumes, and tougher tender competition.Group still lifted profit before tax to S$ 17.3 million from S$ 16.0 million, supported by cost discipline and project selection.Prefab Technology secured lease for new “Prefab+” production facility at 33 Kaki Bukit Road 6 to replace 66 Sungei Kadut Street 1 site expiring in 2026.New plant, equipped with advanced machinery, targets higher output and efficiency while reducing manpower needs and improving product quality.Order book remained at record levels, supported by public housing demand outlook and continued focus on prefabrication-led growth.Disclaimer: This news brief was created by Public Technologies  using generative artificial intelligence. 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