September 16, 2026

K.L.E. GROUP LIMITED (KLE)
Unaudited financials for the six months ended June 30, 2026:

K.L.E. GROUP LIMITED (KLE) for the six months ended June 30, 2026 reported a 390% increase in Revenue totalling $46.16 million compared to $9.42 million in the corresponding period last year. Revenue for the second quarter increased 455% to close at $26.11 million compared to $4.70 million for the comparable quarter of 2025.

Cost of sales amounted to $14.31 million (2025: nil), and consequently gross profit increased by 238% to $31.85 million compared to $9.42 million for the six months ended June 30, 2025. The company booked gross profit of $16.93 million for the second quarter versus $4.70 million reported for the similar quarter of 2025.

Administrative and other expenses amounted to $24.16 million (2025: $19.07 million), an increase of 27% year over year. As a result, the Group recorded an operating profit of $7.70 million, relative to an operating loss of $9.66 million reported in 2025. For the second quarter, operating profit was $2.06 million (2025: operating loss of $3.72 million).

Finance costs decreased by 33% to close at $2.91 million (2025: $4.34 million), while share of post-tax profit of the equity-accounted associate increased 2% to $4.16 million (2025: $4.06 million). As a result, profit before taxation for the six months amounted to $8.95 million, relative to a loss before taxation of $9.94 million reported in 2025. Profit before taxation for the second quarter amounted to $2.27 million (2025: loss of $3.79 million).

No tax charge was incurred in the period under review (2025: nil), and there were no adjustments to discontinued operating results (2025: gain of $4.71 million). As a result, net profit for the six months amounted to $8.95 million, relative to a net loss of $5.23 million reported in 2025. For the second quarter, net profit was $2.27 million (2025: net loss of $1.90 million).

Unrealised gains/(losses) on investments reflected a loss of $141,000 (2025: gain of $969,000). Total comprehensive income for the six months amounted to $8.81 million, relative to a total comprehensive loss of $4.26 million reported in 2025.

Consequently, Earnings Per Share for the six months amounted to $0.09 (2025: LPS: $0.05), while Earnings Per Share for the quarter totaled $0.02 (2025: LPS: $0.02). The twelve-month trailing EPS was $0.17, and the number of shares used in these calculations was 100,000,000.

Notably, KLE’s stock price closed the trading period on September 15, 2026, at a price of $0.85 with a corresponding P/E ratio of 4.96x.

Balance Sheet Highlights

The company’s assets totalled $142.19 million (2025: $167.87 million). The movement in total assets was mainly due to an 89% decrease in ‘Cash and cash equivalents’ amounting to $4.17 million (2025: $38.23 million) and a 33% decrease in ‘Investment in associate’ to $38.27 million (2025: $57.38 million), partly offset by a 48% increase in ‘Assets held for sale’ to $57.66 million (2025: $38.89 million) and higher ‘Receivables’ of $18.55 million (2025: $7.36 million).

Shareholders’ deficit was $2.77 million (2025: deficit of $18.52 million).

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