Progen Holdings Ltd

Progen Holdings Ltd

SSGX:583
0.03
SGD
0.00
(0.00%)
9.76MMarket Cap
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.04
0.06
0.02
0.03
0.01
0.01
0.02
0.01
0.01
0.01
0.01
0.01
0.01
- -
Basic EPS, GAAP
0.01
0.02
0.01
-0.01
-0.02
-0.01
-0.01
-0.01
-0.01
- -
- -
- -
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
-0.01
-0.01
-0.01
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
0.11
0.12
0.13
0.12
0.11
0.09
0.08
0.07
0.07
0.07
0.07
0.07
0.06
0.06
Tangible Book Value per Share
0.11
0.12
0.13
0.12
0.11
0.09
0.08
0.07
0.07
0.07
0.07
0.07
0.06
0.06
Basic Weighted Avg Shares
290
290
290
290
272
335
391
391
391
391
391
391
391
391
Sales/Revenue/Turnover
12
18
7
10
3
2
10
3
4
5
4
6
5
- -
Operating Margin (%)
31.74
10.11
-13.53
11.34
-64.21
-75.76
1.74
-14.73
-3.45
4.87
-14.48
-11.5
-6.24
- -
Depreciation Expense
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
1
1
- -
Net Income, GAAP
2
5
2
-2
-5
-2
-2
-3
-3
2
-1
-1
-1
- -
Effective Tax Rate (%)
0.22
3.11
- -
- -
- -
- -
- -
- -
- -
1.26
- -
- -
- -
- -
Profit Margin (%)
18.34
27.48
30.41
-16.2
-143.24
-113.51
-23.71
-97.35
-67.79
31.53
-25.22
-12.64
-13.69
- -
Working Capital
14
20
7
5
-1
- -
-1
-3
-4
5
4
5
5
6
LT Debt
- -
- -
- -
- -
- -
- -
2
2
2
2
2
2
2
2
Total Equity
31
36
38
36
31
34
31
29
26
27
26
26
25
25
Return on Invested Capital (%)
4.73
4.77
- -
- -
- -
- -
- -
- -
- -
0.85
- -
- -
- -
- -
Return on Capital (%)
7.58
14.61
- -
- -
- -
- -
- -
- -
- -
5.88
- -
- -
- -
- -
Return on Common Equity (%)
7.57
14.61
5.62
-4.32
-14.1
-7.7
-6.92
-9.77
-9.83
6.19
-4.13
-2.77
-2.74
- -

Capital Structure

SGD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
ST Debt
- -
- -
- -
LT Borrowings
- -
- -
- -
LT Finance Leases
2
2
2
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
391
391
391
Market Capitalization
11
12
10

Working Capital

SGD

•

in mil. unless spec.
Jun'25
Dec'25
Jun'26
Total Current Assets
9
10
13
Cash, Cash Equivalents & STI
8
8
9
Accounts Receivable, Net
1
1
1
Inventories
- -
- -
- -
Total Current Liabilities
4
4
7
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
- -
Deferred Revenue
- -
- -
- -

Growth Rates

SGD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-3.87%
-2.51%
-2.62%
Free Cash Flow
100%
159.19%
-31.94%
Net Income, GAAP
-38.42%
-75.36%
-3.75%
Sales/Revenue/Turnover
27.49%
13.19%
-11.16%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
6
2025
- -
- -
5
2026
- -
- -
- -

Semi-annual Earnings Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Semi-annual Dividends Per Share

SGD

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Ee Lee
Full Time Employees
42
Sector
Distribution services
Industry
Wholesale distributors
Address
Singapore Singapore
IPO Date
Nov 20, 1997
Business
Progen Holdings Ltd is an investment holding company that specializes in the design, engineering, supply, installation, and maintenance of heating, ventilation, and air-conditioning (HVAC) systems, mechanical and electrical (M&E) engineering solutions, and property investment and development. Founded in 1981 and headquartered in Singapore, the company operates across Singapore and Malaysia through operating subsidiaries such as Progen Pte Ltd, Polair Filters Pte Ltd, and Eng Lee Investment Pte Ltd. The company operates through four principal business segments: Products and Installation, Services and Maintenance, Property, and Rental. The company offers a comprehensive portfolio of products and services, including the design, engineering, supply, installation, testing, and commissioning of commercial, industrial, and residential air-conditioning and mechanical ventilation (ACMV) systems; the distribution and sale of central chilled-water systems, packaged air-conditioners, air handling units (AHUs), fan coil units (FCUs), cooling towers, and air filtration equipment; the supply of original equipment manufacturer (OEM) replacement components and refrigeration spare parts; scheduled preventive maintenance, comprehensive servicing contracts, and 24-hour breakdown repair services for industrial plants, commercial complexes, and public institutions; energy-efficient retrofitting and system modernization to align with green building and environmental sustainability standards; and property management, development, and leasing operations covering commercial, industrial, and residential real estate assets, including factory and office premises at the Progen Building in Singapore as well as development land holdings in Malaysia. In recent developments, Progen Holdings Ltd has strategically prioritized operational efficiency, portfolio optimization, and expansion within high-margin environmental engineering sectors. The company has enhanced its service capabilities in energy-saving ACMV retrofits and intelligent facility management solutions to address growing demand for sustainable building certifications across Southeast Asia. Furthermore, Progen has conducted strategic reviews of its real estate holdings across Singapore and Malaysia to improve asset yields, optimize tenant profiles, and explore potential asset monetization and redevelopment avenues. To mitigate supply chain volatility and inflationary cost pressures, the company has also streamlined its procurement channels while selectively pursuing public and private sector M&E infrastructure tenders with disciplined capital allocation.