Sustainability Report ECONOMIC Objective To Create long-term Sustainable Value for our shareholders. Approach Megachem adopts a 2-pronged approach: - preserve shareholders’ value by building resilience throughout its business operations; - enhance shareholders’ value through a robust strategy with a focus on delivering long-term sustainable growth. Performance Highlights 2022 2023 2024 Net profit after tax (S$’mil) 6.1 (5.8) 7.9 Adjusted net profit after tax (ex fire) (S$’mil)(1) 6.1 1.9 2.9 Shareholders Equity (S$’mil) 58.6 50.0 58.5 Earnings per share (cents) 4.41 (4.43) 5.93 Net Dividend/share (cents) 2.0 nil 1.0 Dividend Yield % 3.9% nil 2.3% Share Price Change (%) 21.4% (2.0%) (14%) Total Shareholders Return (%) 25.3% (2.0%) (11.7%) Note: (1) “Adjusted” amounts refer to amounts adjusted for the impact of a fire incident that took place in the morning of 5 July 2023 (“Fire Incident”). Results for FY2023 were negatively impacted by the fire incident at one of our warehouses, leading to our first ever loss. As a result, no dividend was declared for FY2023. Excluding the impact of the fire incident, we would have been profitable. We recovered with a net profit after tax of S$7.9 million for FY2024. Adjusting for the impact of the fire incident, net profit after tax would have been S$2.9 million which is higher than FY2023. 80 ANNUAL REPORT 2024
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