Darco Water returns to profit in 1H FY26; revenue falls 12.7% to S$20.1 million

• Darco Water Technologies returned to profit in 1H 2026 with net profit of S$1.55 million, versus a net loss a year earlier.
• Revenue fell 12.7% to S$20.1 million, as project execution slowed in Malaysia and China on fewer awards and main-contractor delays.
• Other income rose to S$3.61 million, driven by S$1.57 million from a VGF Grant conversion and a S$1.81 million liability modification gain.
• Cash and cash equivalents slid to S$1.61 million, reflecting S$4.6 million of operating outflows and S$3.21 million used in financing activities.
• Vietnam expansion advanced with completion of the first tranche to lift the Group’s stake in DIVW to about 71%, with remaining tranches due in 2027-2028.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Darco Water Technologies Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: HZSVIEH0ZA79ZWDX) on August 14, 2026, and is solely responsible for the information contained therein.