Page 1

NSL NSL LTD ( Reg . no .: 196100107C ) Condensed Financial Statements Announcement The Company announces the condensed consolidated financial statements for the 6 - month and 12 - month periods ended 30 June 2026 . A ( i ) Condensed Consolidated Income Statement THE GROUP Note 6 - month 6 - month period period ended ended 30.06.2026 30.06.2025 S $ ' 000 S $ ' 000 Change % 12 - month 18 - month period period ended ended 30.06.2026 30.06.2025 S $ ' 000 S $ ' 000 Change % Sales Cost of sales Gross profit Other income - Interest 4 ( i ) 226,481 ( 179,647 ) 46,834 163,147 39 ( 128,586 ) 40 34,561 36 385,889 465,895 ( 17 ) ( 308,230 ) ( 362,000 ) ( 15 ) 77,659 103,895 ( 25 ) 5.1 , ( ii ) 680 - Others 5.1 820 Other ( losses ) / gains , net 5.2 , ( iii ) ( 456 ) Impairment loss on goodwill ( iv ) 1,386 ( 51 ) 679 21 5,867 n / m ( 4,018 ) n / m 1,530 4,599 ( 67 ) 1,544 2,322 ( 34 ) ( 1,283 ) 3,918 n / m ( 8,024 ) n / m Impairment loss on property , plant and equipment , net 6.1 , ( v ) ( 6,492 ) ( 257 ) n / m ( 6,054 ) ( 257 ) n / m Distribution costs ( vi ) ( 5,069 ) ( 3,542 ) 43 ( 9,490 ) ( 11,025 ) ( 14 ) Administrative expenses ( vii ) ( 14,052 ) ( 13,394 ) 5 ( 27,166 ) ( 43,515 ) ( 38 ) Loss allowance on trade receivables , net 6.1 ( 2,835 ) ( 3,313 ) ( 14 ) ( 1,835 ) ( 3,078 ) ( 40 ) Finance costs 6.2 , ( viii ) ( 572 ) ( 350 ) 63 ( 1,017 ) ( 1,903 ) ( 47 ) Share of results of associated companies , net of tax 6 477 ( 99 ) 541 1,246 ( 57 ) Profit before income tax 6 18,864 18,096 4 Income tax expense 7 , ( ix ) ( 6,621 ) ( 2,184 ) 203 34,429 ( 11,929 ) 48,178 ( 29 ) ( 9,178 ) 30 Total profit for the financial period 12,243 15,912 ( 23 ) 22,500 39,000 ( 42 ) Profit / ( loss ) attributable to : Equity holders of the Company Non - controlling interests 12,866 15,933 ( 19 ) 23,059 37,189 ( 38 ) ( 623 ) ( 21 ) n / m ( 559 ) 1,811 n / m 12,243 15,912 ( 23 ) 22,500 39,000 ( 42 ) Basic and fully diluted earnings per share ( cents ) 3.44 4.27 ( 19 ) 6.17 9.96 ( 38 ) 1