Hour Glass net profit rises 23% in H1 FY2026

Its associate gains and higher margins drove earnings growth despite cost pressures.

Net profit attributable to shareholders of The Hour Glass Limited rose 23% to $75.7m for the half-year ended 30 September 2025, compared with $61.4m a year earlier.

Earnings per share increased to 11.70 cents from 9.46 cents, according to a filing.

Gross margin held at 30.8% in H1 FY2026. Operating expenses rose as depreciation of property, plant and equipment increased 29% to $9.0m, whilst rental costs nearly doubled to $5.4m. Finance costs climbed 6% to $4.1m. Share of results from associates contributed $5.7m, up 24% year on year (YoY), supporting net profit growth.

Net assets attributable to shareholders stood at $972.3m, equivalent to $1.51 per share. Cash balances rose to $196.1m from $178.7m at 31 March 2025, whilst inventories reached $347.2m. Borrowings increased to $86.5m compared with $54.8m six months earlier.

The board declared an interim dividend of 2.00 cents per ordinary share, payable on 8 December 2025.

Follow the link for more news on

Financial Statements

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.

Book a meeting

| Or download the media kit (PDF)

240,000 senior readers quarterly in print Top 1,700 Singapore companies reached

7 markets across Southeast Asia