• New Wave released its 2026 annual report, citing improving sales momentum despite volatile geopolitics, Middle East tensions, rising oil prices.
• Aluminium products distribution drove growth, led by stronger demand in Malaysia and China; components distribution faced intense competition and softer revenue.
• Singapore operations were scaled down as demand weakened and manufacturing activity shifted to neighboring markets; more orders were diverted to Johor Bahru.
• Management flagged delivery lead times and inventory management as key priorities to protect margins amid higher energy and logistics costs.
• Working capital stayed positive; narrower pre-tax loss reflected higher revenue, offset by higher expenses tied to increased sales activity.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. New Wave Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: AR4L6IBY8VSWKFHX) on July 12, 2026, and is solely responsible for the information contained therein.