Innotek - It has risen up from 43 to touch 55.5 cents, Awesome. I think she is taking a breather and may likely continue to trend higher.

She is now trading at 50.5 cents, i think trading opportunity is back.

Innotek - Nice breakout at 50 cents with ease, likely to rise higher towards 52 cents and above. Beyond 52 cents, she may show us 56 cents than 60 cents. Pls dyodd.

She is back to 46.5 cents, looks rather interesting! Likely to rise up to test 50 cents.

EBITDA for the period under review increased 9.0% from S$6.9 million in 1H’25, underscoring the Group’s strengthening business operations. Profit before tax stood at S$0.7 million in 1H’26, compared to S$0.8 million in 1H’25, mainly due to a foreign exchange

(“forex”) loss of S$1.6 million in 1H’26 from a forex gain of S$0.3 million a year ago. Net profit attributable to owners of the Company was S$0.1 million, compared to S$0.4 million a year ago.

Net cash flows from operating activities rose to S$9.7 million in 1H’26 from S$3.6 million in 1H’25. The Group’s balance sheet remained healthy, with a net cash position of S$66.8 million as at 30 June 2026, providing a strong buffer against macroeconomic headwinds.

The Group’s balance sheet was further strengthened in April 2026, when it raised S$16.0 million from a private placement of new shares.

Earnings per share stood at 0.06 Singapore cent for 1H’26, compared to 0.18 Singapore cent for 1H’25, while net asset value per share stood at 71.7 Singapore cents as at 30 June 2026, compared to 73.4 Singapore cents as at 31 December 2025.

On the outlook, the Group remains optimistic about its longer-term growth prospects, even as the broader manufacturing sector adjusts to the evolving tariff and trade policies. Demand for AI, data centres and high-performance computing remains resilient. The Group is actively pursuing new model qualifications and adjacent product categories to capture evolving demand and deepen customer relationships.

To support growth in the sector, InnoTek announced the establishment of Mansfield Technology (Thailand) Co., Ltd. in Chonburi, Thailand in June 2026. The facility will support the Group's first liquid cooling component project, with pilot production and mass production

scheduled for October 2026 and January 2027, respectively.

FY2026 is expected to be a year of transition for InnoTek, as start-up and pre-operating costs associated with the new facilities are expected to weigh on near-term financial performance. Combined with the gestation period required for new projects in GPU servers,

liquid cooling and robotics, the Group expects to recognise the financial benefits of its transformation from FY2027 onwards.

Mr Lou Yiliang, CEO of InnoTek, said: “Despite the challenging operating environment, we

improved our gross profit margin through a favourable product mix and disciplined cost management. We are making strategic investments, expanding our manufacturing footprint

in Southeast Asia and strengthening our capabilities across AI servers, liquid cooling and other emerging technology sectors.

Combined with our strong balance sheet, we are well-positioned to capture more

opportunities in emerging industries. Several of the projects we have secured are expected

to commence or ramp up production progressively in the second half of the year, with their

financial contributions becoming increasing meaningful from FY 2027 onwards. As we executive our growth strategy and build momentum across these new business a

TA wise, bearish mode. She is hovering near the support at 49-50 cents. Looks rather interesting. She will need to overcome the resistance at 52.5 cents. First Half results should be out next week. Do monitor.

Singapore Shares Information

Message History

Delivery option(s)