Yishiden Holdings (01656)'s revenue in the first half of the year climbed to a record high of S$254 million, and shareholder profit increased to S$10 million

According to the Zhitong Finance App, Yishiden Holdings (01656) announced the 2026 interim results. The group obtained revenue of S$254 million, an increase of 19.1% over the previous year; the company's equity holders should account for profit of S$10.381,000, an increase of 707.23% over the previous year; profit per share was 2.29 new cents.

Driven by strong growth in the Group's industrial automation sector, the Group's revenue increased 19.1% year-on-year in the first half of 2026, reaching a record high of S$253.6 million.

Gross profit increased 24.9% to S$63.1 million, outpacing revenue; gross margin increased 1.2 percentage points to 24.9%, mainly due to: the product structure skewed towards high-margin products; and the positive operating leverage effect brought about by the growth of the company's business.

Thanks to extensive revenue growth and operating leverage, Yishideng achieved outstanding profit growth. In the first half of 2026, profit before tax (up 172.0% year on year), profit after tax (up 262.8% year on year), and profit attributable to shareholders (up 707.2% year over year) all increased significantly.