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Zicom Group Limited (ASX:ZGL)

ALERT: Price-sensitive ASX Announcement for ZGL
Current share price for ZGL : $0.140 0.025 (21.74%)+
Announcement
Release
17 Aug 2026 8:41AM
Price at Release
$0.115
Full Release
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Summary
Zicom Group Limited has released its financial results for the full year ending 30 June 2026. The company anticipates consolidated revenue of S$94 million, marking a 30% decline from the previous year. Net profits after tax are projected between S$5.0 to S$5.5 million, indicating a 35% decrease. The downturn is attributed to the completion of existing gas processing EPC contracts and delays in new tenders due to recent political changes. Despite these challenges, political stability has returned, and new tenders have been released, suggesting stronger prospects ahead. The company remains optimistic about future profitability across all business segments, provided geopolitical conditions do not worsen.
Key Points
  • Zicom Group Limited expects a 30% decrease in consolidated revenue for the financial year ending 30 June 2026.
  • The anticipated net profits after tax range from S$5.0 to S$5.5 million, representing a 35% decrease.
  • The decline is due to the completion of gas processing EPC contracts and deferred new tenders caused by political changes.
  • Political stability has returned, new tenders have been released, and future prospects are considered strong.
  • The company is confident in profitability across all segments, assuming no further deterioration in geopolitical conditions.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.