Lincotrade 6M net profit rises to $3.9m

Order book reaches record $117.2m as data centre work grows.

Lincotrade said net profit attributable to owners rose to $3.9m for the six months ended 31 Dec 2025, up from $0.8m a year earlier and above its FY 2025 net profit of $2.6m.

The group said revenue increased 58.2% to $53.3m and gross profit rose 94.0% to $8.0m, lifting gross margin to 15.0% from 12.2%. It said profit before tax increased to $4.7m from $1.0m.

Lincotrade declared an interim dividend of $0.0088 per share, which it said is higher than FY 2025’s final dividend of $0.0066 per share. It said the interim dividend represents about a 41% payout of 6M FY 2026 net profit attributable to owners.

The company said its order book reached a record $117.2m as at 31 Dec 2025, with a growing contribution from data centre projects. It said it secured a new data centre project worth $29.1m, targeted for completion in 2026.

Lincotrade said commercial revenue rose 66.0% to $47.9m and residential revenue rose 166.0% to $4.7m, whilst showflats revenue fell to $700,000 due to competition.

It reported cash and cash equivalents of $14.1m at 31 Dec 2025, including $2.7m of pledged fixed deposits, and said total assets rose to $68.6m and total equity to $17.5m.

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