CHIN HIN GROUP BERHAD — Interim / Quarterly Report 2026

May 20, 2026

CHIN HIN

CHIN HIN GROUP BERHAD

INTERIM FINANCIAL REPORT

FIRST QUARTER ENDED 31ST MARCH 2026

CHIN HIN GROUP BERHAD

Registration No.:201401021421(1097507-W)
(Incorporated in Malaysia)

Headquarters/Head Office:
Menara Chin Hin
Level 26-27, 8th & Stellar
No.1, Jalan Naga Emas, Sri Petaling
57000 Kuala Lumpur, Malaysia.

Tel. No.: 03-7981 7878 / 03-3274 0328
Email: info@chinhingroup.com

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

CONTENTS

Unaudited Condensed Consolidated Statement of Comprehensive Income	1
Unaudited Condensed Consolidated Statement of Financial Position	2-3
Unaudited Condensed Consolidated Statement of Changes in Equity	4-5
Unaudited Condensed Consolidated Statement of Cash Flows	6-7
Notes To The Interim Financial Report	8-26

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]

CHIN HIN

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE FIRST (1ST) QUARTER ENDED 31 MARCH 2026

(The figures have not been audited)

	Individual/Cumulative Quarter
	Note	31 Mar 2026	31 Mar 2025 Changes
		RM'000	RM'000	%
Revenue		931,961	951,949	-2%
Cost of sales		(749,936)	(774,793)
Gross profit		182,025	177,156	3%
Other operating income		19,947	14,782
Fair value gain/(loss) on other investments		10,542	(5,366)
Gain/(loss) on disposal of other investments		116	(78)
Finance income		2,220	1,772
Administrative expenses		(126,773)	(104,830)
Operating profit		88,077	83,436	6%
Finance costs		(22,265)	(24,516)
Share of results of associates		2,297	8,251
Share of results of joint ventures		(60)	(51)
Profit before taxation		68,049	67,120	1%
Taxation	B5	(20,403)	(20,667)
Profit for the year		47,646	46,453	3%
Other comprehensive loss
Exchange translation differences		(545)	(175)
Total comprehensive income for the financial period		47,101	46,278
PROFIT AFTER TAX ATTRIBUTABLE TO:
Owners of the Company		19,120	18,359	4%
Holders of Perpetual MTN		1,333	932
Non-controlling interests		27,193	27,162
		47,646	46,453
TOTAL COMPREHENSIVE INCOME ATTRIBUTABLE TO:
Owners of the Company		18,575	18,184	2%
Holders of Perpetual MTN		1,333	932
Non-controlling interests		27,193	27,162
		47,101	46,278
Earnings per share attributable to owners of the Company (sen):
- Basic	B11	0.54	0.52
- Diluted	B11	0.54	0.52

Notes:
The Unaudited Condensed Consolidated Statement of Comprehensive Income should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to the interim financial report.

Page | 1

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]

CHIN HIN

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026
(The figures have not been audited)

| | Unaudited
31 March
2026
RM'000 | Audited
31 December
2025
RM'000 |
| --- | --- | --- |
| ASSETS | | |
| NON-CURRENT ASSETS | | |
| Property, plant and equipment | 768,475 | 744,111 |
| Investment properties | 78,805 | 76,710 |
| Investment in associates | 158,171 | 155,891 |
| Investment in a joint ventures | 2,955 | 3,001 |
| Intangible assets | 327,248 | 328,357 |
| Deferred tax assets | 13,316 | 6,067 |
| Other investments | 1,035 | 1,035 |
| Other financial assets | 10,189 | 10,189 |
| Inventories - Land held for development | 60,205 | 64,306 |
| Trade receivables | 50,422 | 42,744 |
| TOTAL NON-CURRENT ASSETS | 1,470,821 | 1,432,411 |
| CURRENT ASSETS | | |
| Contract assets and contract costs | 868,433 | 833,485 |
| Inventories | 868,245 | 859,646 |
| Trade receivables | 645,887 | 830,868 |
| Other receivables | 233,828 | 254,272 |
| Other investments | 180,478 | 151,951 |
| Tax recoverable | 13,402 | 16,823 |
| Fixed deposits with licensed banks | 131,205 | 138,428 |
| Cash and bank balances | 492,768 | 424,974 |
| | 3,434,246 | 3,510,447 |
| Assets held for sale | 160,829 | 165,624 |
| TOTAL CURRENT ASSETS | 3,595,075 | 3,676,071 |
| TOTAL ASSETS | 5,065,896 | 5,108,482 |
| EQUITY AND LIABILITIES | | |
| EQUITY | | |
| Share capital | 381,851 | 381,851 |
| Treasury shares | (338) | (338) |
| Merger reserve | (142,691) | (142,691) |
| Foreign currency translation reserve | (8,332) | (7,787) |
| Revaluation reserve | 15,773 | 15,831 |
| Retained earnings | 761,912 | 707,108 |
| Total equity attributable to Owners of the Parent | 1,008,175 | 953,974 |
| Medium Term Note ("MTN") | 73,297 | 72,977 |
| Non-controlling interests | 914,983 | 869,802 |
| TOTAL EQUITY | 1,996,455 | 1,896,753 |

Page | 2

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT 31 MARCH 2026 (Cont'd)

(The figures have not been audited)

| | Unaudited
31 March
2026
RM'000 | Audited
31 December
2025
RM'000 |
| --- | --- | --- |
| CURRENT LIABILITIES | | |
| Trade payables | 432,765 | 583,684 |
| Other payables | 654,009 | 733,137 |
| Contract liabilities | 133,504 | 117,518 |
| Amount owing to a director | - | 18,337 |
| Bank borrowings | 1,047,441 | 989,989 |
| Lease liabilities | 58,511 | 39,390 |
| Tax payable | 37,467 | 35,329 |
| TOTAL CURRENT LIABILITIES | 2,363,697 | 2,517,384 |
| NON-CURRENT LIABILITIES | | |
| Trade payables | 55,739 | 38,385 |
| Other payables | 913 | 681 |
| Bank borrowings | 479,888 | 479,567 |
| Contract liabilities | 80 | 88 |
| Lease liabilities | 49,321 | 65,750 |
| Deferred tax liabilities | 119,803 | 109,874 |
| TOTAL NON-CURRENT LIABILITIES | 705,744 | 694,345 |
| TOTAL LIABILITIES | 3,069,441 | 3,211,729 |
| TOTAL EQUITY AND LIABILITIES | 5,065,896 | 5,108,482 |
| NET ASSET PER SHARE (RM) | 0.56 | 0.54 |

Notes:

(1) The Unaudited Condensed Consolidated Statement of Financial Position should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.
(2) Net asset per share for the current quarter and comparative financial year is calculated based on the total equity divided by the weighted average number of ordinary shares in issue for the quarter and comparative financial year.

Page | 3

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CHIN HIN GROUP BERHAD [Registration No.: 201401021421 (1097507-W)]

CHIN HIN

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FIRST (1ST) QUARTER ENDED 31 MARCH 2026

(The figures have not been audited)

	<---Attributable to owners of the parent--->
	Non-Distributable					Distributable				Non-ControllingInterests
	ShareCapitalRM'000	TreasurySharesRM'000	MergerReserveRM'000	Foreign CurrencyTranslation ReserveRM'000	RevaluationReserveRM'000	RetainedEarningsRM'000	TotalRM'000	PerpetualMTNRM'000	PerpetualMTNRM'000	TotalEquityRM'000
At 1 January 2026	381,851	(338)	(142,691)	(7,787)	15,831	707,108	953,974	72,977	869,802	1,896,753
Profit for the financial period	-	-	-	-	-	19,120	19,120	1,333	27,193	47,646
Other comprehensive loss	-	-	-	(545)	-	-	(545)	-	(311)	(856)
Total comprehensive (loss)/income	-	-	-	(545)	-	19,120	18,575	1,333	26,882	46,790
Realisation of revaluation reserve	-	-	-	-	(58)	58	-	-	-	-
Transactions with owners:
Changes in ownership interestsin subsidiaries	-	-	-	-	-	35,626	35,626	-	25,782	61,408
Disposal of subsidiary companies	-	-	-	-	-	-	-	-	(985)	(985)
Capital contribution bynon-controlling interests	-	-	-	-	-	-	-	-	148	148
Distribution to holders of Perpetual MTN	-	-	-	-	-	-	-	(1,013)	-	(1,013)
Dividends to non-controlling interests	-	-	-	-	-	-	-	-	(6,646)	(6,646)
Total transactions with owners	-	-	-	-	-	35,626	35,626	(1,013)	18,299	52,912
At 31 March 2026	381,851	(338)	(142,691)	(8,332)	15,773	761,912	1,008,175	73,297	914,983	1,996,455

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CHIN HIN GROUP BERHAD [Registration No.: 201401021421 (1097507-W)]

CHIN HIN

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CHANGES IN EQUITY FOR THE FIRST (1ST) QUARTER ENDED 31 MARCH 2026 (Cont'd)

(The figures have not been audited)

	<---Attributable to owners of the parent--->
	Non-Distributable					Distributable			Non- Controlling
	Share Capital RM'000	Treasury Shares RM'000	Merger Reserve RM'000	Foreign Currency Translation Reserve RM'000	Revaluation Reserve RM'000	Retained Earnings RM'000	Total RM'000	Perpetual MTN RM'000	Interesting MTN	Total Equity RM'000
At 1 January 2025	381,851	(338)	(142,691)	(2,865)	50,912	523,104	809,973	50,577	711,539	1,572,089
Profit for the financial period	-	-	-	-	-	18,359	18,359	932	27,162	46,453
Other comprehensive loss	-	-	-	(175)	-	-	(175)	-	(7,712)	(7,887)
Total comprehensive (loss)/income	-	-	-	(175)	-	18,359	18,184	932	19,450	38,566
Realisation of revaluation reserve	-	-	-	-	(154)	154	-	-	-	-
Transactions with owners:
Changes in ownership interests in subsidiaries	-	-	-	-	-	(756)	(756)	-	756	-
Acquisition of subsidiary companies	-	-	-	-	-	-	-	-	920	920
Issuance of perpetual MTN	-	-	-	-	-	-	-	2,000	-	2,000
Distribution to holders of Perpetual MTN	-	-	-	-	-	-	-	(747)	-	(747)
Gain on resale of treasury shares	-	-	-	-	-	-	-	-	-	-
Dividends to non-controlling interests	-	-	-	-	-	-	-	-	(22,085)	(22,085)
Total transactions with owners	-	-	-	-	-	(756)	(756)	1,253	(20,409)	(19,912)
At 31 March 2025	381,851	(338)	(142,691)	(3,040)	50,758	540,861	827,401	52,762	710,580	1,590,743

Notes:
The Unaudited Condensed Consolidated Statement of Changes in Equity should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]

CHIN HIN

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE FIRST (1ST) QUARTER ENDED 31 MARCH 2026

(The figures have not been audited)

	Individual/Cumulative quarter
	31 Mar 2026	31 Mar 2025
Cash Flows From Operating Activities	RM'000	RM'000
Profit before taxation	68,049	67,120
Adjustment for:
Amortisation of intangible assets	1,109	273
Bad debts written off	50	-
Depreciation of property, plant and equipment	22,240	17,863
Dividend income	(74)	-
Impairment loss on trade and other receivables and contract assets	324	357
Interest expense	22,265	24,516
Property, plant and equipment written off	45	1
Loss/(Gain) on disposal of property, plant and equipment	384	(140)
Loss on disposal of investment in subsidiary company	1,477	-
Accretion of interest on redeemable preference shares	-	(2,097)
Loss/(Gain) on disposal of assets held for sale	7	(5,226)
(Gain)/Loss on disposal of other investments	(116)	78
Net gain on bargain purchase	(10,550)	-
Gain on modification on lease contract	(333)	-
Gain on lease termination of lease contract	(6)	-
Interest income	(2,220)	(1,772)
Fair value (gain)/loss on other investments	(10,542)	5,366
Reversal of impairment loss on trade and other receivables	(50)	-
Reversal of inventories written down	(483)	(361)
Share of results of associates	(2,297)	(8,251)
Share of results of joint ventures	60	51
Unrealised gain on foreign exchange	(1,176)	(5)
Operating profit before working capital changes	88,163	97,773
Changes in working capital:
Inventories	(2,674)	(4,322)
Receivables	266,037	64,141
Contract assets/liabilities	(18,971)	(16,265)
Payables	(237,709)	(65,528)
	6,683	(21,974)
Cash generated from operations	94,846	75,799
Interest paid	(19,421)	(19,395)
Interest received	2,220	1,772
Tax paid	(13,505)	(13,865)
Tax refund	19	-
Net cash from operating activities	64,159	44,311

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]

CHIN HIN

(The figures have not been audited)

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE FIRST (1ST) QUARTER ENDED 31 MARCH 2026 (Cont'd)

	Individual/Cumulative quarter
	31 Mar	31 Mar
	2026	2025
	RM'000	RM'000
Cash Flows From Investing Activities
Capital contribution by non-controlling interests	148	-
Purchase of property, plant and equipment	(15,916)	(13,356)
Purchase of investment properties	(300)	-
Purchase of other investments	(38,626)	(1,111)
Acquisition of subsidiary companies, net of cash	(29,790)	13,613
Dividend received	74	1,056
Proceeds from disposal of assets held for sales	29	25,946
Proceeds from partial disposal of investment in subsidiaries	61,408	-
Proceeds from disposal of other investments	18,750	20,728
Proceeds from disposal of property, plant and equipment	2,160	1,751
Proceeds from disposal of investment properties	620	-
Net cash (used in) / from investing activities	(1,443)	48,627
Cash Flows From Financing Activities
Dividend paid to non-controlling interests	(6,646)	(22,085)
Proceed from issuance of MTN	-	2,000
Repayment to a joint venture company	(2)	(17)
Repayment to a director	(18,337)	(74,389)
Drawdown of bank borrowings	65,254	77,341
Net changes on bankers' acceptance, trust receipt and revolving credits	114,048	79,884
Increase in fixed deposits pledged	(2,919)	(17,583)
Repayment of bank borrowings	(143,893)	(143,517)
Repayment of lease liabilities	(9,899)	(829)
Distribution to holders of perpetual MTN	(1,013)	(747)
Net cash used in financing activities	(3,407)	(99,942)
Net increase/(decrease) in cash and cash equivalents	59,309	(7,004)
Cash and cash equivalents at the beginning of the financial period	469,408	335,090
Effect of exchange translation differences on cash and cash equivalents	(856)	(7,887)
Cash and cash equivalents at the end of the financial period	527,861	320,199
Cash and cash equivalents at the end of the financial period comprises:
Cash and bank balances	492,768	336,238
Fixed deposits with licensed banks	131,205	54,832
Bank overdrafts	(21,376)	(16,600)
	602,597	374,470
Less: Fixed deposits pledged to licensed banks	(74,736)	(54,271)
	527,861	320,199

Notes:
The Unaudited Condensed Consolidated Statement of Cash Flows should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.

Page | 7

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

NOTES TO THE INTERIM FINANCIAL REPORT- FIRST (1ST) QUARTER ENDED 31 MARCH 2026

A. EXPLANATORY NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED 31 MARCH 2026

A1. Basis of preparation

The interim financial statements are unaudited and have been prepared in accordance with the requirements of Malaysian Financial Reporting Standards ("MFRS") No. 134 - Interim Financial Reporting and paragraph 9.22 and Appendix 9B of the Main Market Listing Requirements ("Listing Requirements").

The interim financial statements should be read in conjunction with the audited financial statements of the Group for the financial year ended 31 December 2025 and the accompanying explanatory notes attached to this interim financial report.

The accounting policies adopted in the interim financial statements are consistent with those adopted in the audited financial statements for the financial year ended 31 December 2025, except for the adoption of standards and interpretations that are mandatory for the Group for the financial year beginning 1 January 2026:

Amendments to MFRS 7 and MFRS 9	Amendments to Classification and Measurement of Financial Instruments
Amendments to MFRS 1, MFRS 7, MFRS 9, MFRS 10 and MFRS 107	Annual Improvement to MFRS Accounting Standards - Volume 11
Amendments to MFRS 7 and MFRS 9	Contracts Referencing Nature-dependent Electricity

The adoption of the above amendments to MFRSs do not have a material impact on the financial statements of the Group.

A2. Auditors' report of preceding annual audited financial statements

The auditors' report on the preceding year's audited financial statements of the Company and of the Group was not subject to any qualification.

A3. Seasonal or cyclical factors

The businesses of the Group were not affected by seasonal or cyclical factors during the current financial quarter and financial period-to-date.

A4. Unusual items

There were no unusual items affecting assets, liabilities, equity, net income or cash flows of the Group during the current financial quarter and financial period -to-date.

A5. Material changes in estimates

There were no material changes in estimates used in reporting the current financial quarter and financial year-to-date as compared to the audited financial statements of the Group for the financial year ended 31 December 2025.

Page | 8

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

A. EXPLANATORY NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED 31 MARCH 2026 (CONT'D)

A6. Debt and equity securities

There was no issuance, cancellation, repurchase, resale and repayment of debts and equity securities for the current quarter under review. During the current financial year-to-date, none of the treasury shares is distributed as share dividend to the shareholders. As of 31 December 2025, the number of treasury shares held was 1,500,600 ordinary shares.

A7. Segmental information

The Group's operating activities were derived from Thirteen (13) main business segments, namely the following:

| | Unaudited
Individual/Cumulative quarter | |
| --- | --- | --- |
| | 31 March
2026
RM'000 | 31 March
2025
RM'000 |
| Revenue | | |
| Building material division | | |
| Distribution of building materials
and logistics services | 215,885 | 206,484 |
| Manufacturing of safety glass, door & frame
and metal roofing | 57,255 | 80,973 |
| Manufacturing of autoclaved aerate concrete
("AAC") and precast concrete | 142,490 | 121,247 |
| Manufacturing of wire mesh | - | 40,389 |
| Ready-mixed concrete | 7,875 | - |
| Subtotal | 423,505 | 449,093 |
| Property development | 233,077 | 187,290 |
| Construction | 204,579 | 174,175 |
| Design, manufacturing and distribution of kitchen and wardrobe
system | 122,945 | 100,274 |
| Interior fit-out works | 88,844 | 147,201 |
| Manufacturing and trading of commercial
vehicles and bodyworks | 8,509 | 21,740 |
| Investment holding and management services | 5,803 | 3,739 |
| Others | 7,570 | 593 |
| Subtotal | 1,094,832 | 1,084,105 |
| Group adjustments and eliminations | (162,871) | (132,156) |
| Group revenue | 931,961 | 951,949 |

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]

CHIN HIN

A. EXPLANATORY NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED 31 MARCH 2026 (CONT'D)

A7. Segmental information (Cont'd)

The Group's operating activities were derived from Thirteen (13) main business segments, namely the following (Cont'd):-

	Unaudited Individual/Cumulative quarter
	31 March	31 March
	2026	2025
	RM'000	RM'000
Profit before taxation
Building material division
Distribution of building materialsand logistics services	1,851	3,941
Ready-mixed concrete	637	(3)
Manufacturing of safety glass, door & frame and metal roofing	11,720	8,111
Manufacturing of autoclaved aerate concrete("AAC") and precast concrete	13,297	9,493
Manufacturing of wire mesh	-	508
Modular building Solutions	(53)	(267)
Trading of sanitaryware and fittings	(9)	(2)
Subtotal	27,443	21,781
Property development	29,823	26,273
Construction	4,204	4,488
Design, manufacturing and distribution of kitchen and wardrobesystem	14,995	3,478
Interior fit-out works	11,204	21,115
Manufacturing and trading of commercialvehicles and bodyworks	(1,007)	(470)
Investment holding and management services	19,869	1,465
Others	3,187	26
Subtotal	109,718	78,156
Share of results of associates	2,297	8,251
Share of results of joint ventures	(60)	(51)
Subtotal after share of results	111,955	86,356
Group adjustments and eliminations	(43,906)	(19,236)
Group profit before tax	68,049	67,120

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

A. EXPLANATORY NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED 31 MARCH 2026 (CONT'D)

A8. Dividend paid

There was no dividend paid during the current financial quarter and financial period-to-date.

A9. Valuation of property, plant and equipment

The Group has not carried out any valuation on its property, plant and equipment in the current financial quarter and financial period-to-date.

A10. Valuation of investment properties

The Group has not carried out any valuation on its investment properties in the current financial quarter and financial period-to-date.

A11. Capital commitments

The capital commitments of the Group were as follows: -

| | Unaudited
31 March 2026
RM'000 | Audited
31 December 2025
RM'000 |
| --- | --- | --- |
| Authorised and contracted for: | | |
| - acquisition of property, plant and equipment | 65,057 | 68,456 |
| - acquisition of intangible assets | 7,747 | 6,613 |
| - acquisition of investment properties | 1,274 | 1,234 |
| - acquisition of land held for property development | 158,040 | - |
| - capital expenditure for joint developments | 103,000 | 98,640 |

A12. Changes in the composition of the Group

Save as disclosed in Note B6 on the Status of Corporate Proposal Announced, there were no material changes in the composition of the Group for the current financial period ended 31 March 2026, except for the following:-

On 10 April 2025, the Company entered into a Share Sale Agreement with Fivestar Salute Sdn. Bhd. to acquire 8,500,000 units of ordinary shares in Chin Hin Concrete KL Sdn. Bhd. ("CHCKL"), representing 100% equity interest in CHCKL for a total cash consideration of RM30,000,000. The acquisition of subsidiary was deemed completed on 9 March 2026.

Page | 11

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

A. EXPLANATORY NOTES TO THE UNAUDITED INTERIM FINANCIAL REPORT FOR THE PERIOD ENDED 31 MARCH 2026 (CONT'D)

A13. Contingent liabilities and contingent assets

There were no contingent assets as at the date of this interim financial report. Contingent liabilities of the Group were as follows: -

| Group | Unaudited 31 March 2026
RM'000 | Audited 31 December 2025
RM'000 |
| --- | --- | --- |
| Unsecured | | |
| Corporate guarantees by a subsidiary for credit facility granted to a joint venture company | 18,150 | 18,150 |
| Bankers' guarantee issued to third parties | 185,047 | 154,371 |

A14. Material events subsequent to the end of the quarter

There were no other material events subsequent to the end of current quarter and financial period-to-date that have not been reflected in this interim financial report, except for the following:-

On 10 April 2025, the Company entered into a Share Sale Agreement with external parties to acquire the following companies representing 60% equity interest respectively, for a total cash consideration of RM30,000,000:

• a) Durable Mix Sdn. Bhd.
• b) Durable Holdings Sdn. Bhd.
• c) Durable Mix Industries Sdn. Bhd.

The acquisition of the above subsidiaries were deemed completed on 9 April 2026.

A15. Related party transactions

Our Group's transactions with companies in which our directors or substantial shareholders have an interest in for the financial period ended 31 March 2026 were as follows: -

Transaction with companies in which the Directors or substantial shareholders have financial interest:	Unaudited RM'000
- Transportation services	877
- Sales of goods	6,624
- Purchase of goods	1,544
- Service rendered	858
- Rental paid/payables	3,573
- Progress billing receivables	10,005
- Other administrative expenses	299

These transactions have been entered into in the normal course of business.

Page | 12

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS

B1. Review of performance

Comparison with previous year corresponding period

	Unaudited
	Individual/Cumulative Quarter
	31 March	31 March
	2026	2025	Changes
	RM'000	RM'000	%
Revenue	931,961	951,949	-2%
Gross Profit ("GP")	182,025	177,156	3%
Profit Before Tax	68,049	67,120	1%

1Q 2026 vs 1Q 2025

For the quarter ended 31 March 2026, the Group recorded revenue of RM931.96 million, representing a marginal decrease of 2.1% compared to RM951.95 million in the corresponding quarter of the preceding year. Despite the lower revenue, profitability remained resilient. Gross profit increased by 2.7% to RM182.03 million, resulting in an improvement in gross profit margin to 19.5%.

Revenue from the Property Development division increased to RM233.08 million from RM187.29 million in 1Q25, driven by stronger progress on ongoing projects, higher sales contributions from newly launched developments such as Sempurna Residences, and improved construction activity during the quarter. Better project execution and the achievement of billing milestones also supported the results, reflecting steady demand and market conditions in the division's core segments. PBT rose to RM29.82 million from RM26.27 million in 1Q2025, in line with the improved business performance.

The Construction division reported higher revenue of RM204.58 million, up from RM174.18 million in the same period last year, mainly due to increased progress billings recognised on ongoing projects. However, PBT was broadly flat at RM4.20 million, as margins tightened amid cost pressures and competitive pricing across the sector.

The Building Materials segment recorded revenue of RM423.51 million, down from RM449.09 million in the same period last year. The decline was mainly due to lower sales volumes in the safety glass, door and frame, and metal roofing manufacturing businesses, as well as the loss of revenue following the disposal of Metex Steel Sdn. Bhd., in line with the Group's strategy to exit the wire mesh manufacturing segment. Contributions from the distribution of building materials and AAC and precast concrete businesses remained resilient, partially offsetting the decline. Despite lower revenue, the segment's PBT rose to RM27.44 million from RM21.78 million, mainly due to higher fair value gains on other investments. However, underlying profitability weakened due to higher operating costs and tighter margins in a softer market environment. Ongoing cost optimisation efforts and steady export demand for AAC panels to Singapore helped cushion the impact.

Page | 13

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B1. Review of performance (Cont'd)

Comparison with previous year corresponding period (Cont'd)

1Q 2026 vs 1Q 2025 (Cont'd)

Revenue from the kitchen and wardrobe systems and interior fit-out works segment declined to RM211.79 million from RM247.48 million a year ago, mainly due to lower contributions from interior fit-out works as project timing, scale and completion stages differed between periods. Demand in the residential and commercial property markets, a broader client base and improved order-fulfilment capabilities continued to support the segment. PBT increased to RM26.20 million from RM24.59 million in 1Q2025, supported by higher project margins and effective cost control.

Overall, the Group recorded PBT of RM68.05 million for 1Q2026, slightly higher than RM67.12 million in the corresponding quarter last year.

B2. Comparison with immediate preceding quarter's results

CURRENT QUARTER vs. PRECEDING QUARTER

The Group delivered a softer performance for the quarter, with revenue declining by 14.7% to RM931.96 million compared to RM1.09 billion in the preceding quarter. The decrease was broad-based across all segments, mainly reflecting the spillover effects the year-end and festive season holidays in February and March.

In line with the lower revenue, profit before tax (PBT) declined to RM68.05 million. Nevertheless, operating margins remained stable, supported by continued cost discipline and a resilient business mix.

B3. Prospects

The broader economic landscape continued to be shaped by macroeconomic uncertainties, evolving industry conditions and prolonged geopolitical tensions, which have contributed to elevated living costs and inflationary pressures globally. While Malaysia's economy remains supported by government interventions and subsidies, such measures may not be sustainable over the longer term. Softer market demand and cautious spending behaviour have moderated overall economic momentum, resulting in a more challenging operating environment across multiple sectors.

Looking ahead to 2026, economic growth is expected to remain supported by resilient domestic consumption, manageable inflationary conditions and sustained economic activities. Continued government-led initiatives targeting infrastructure development, industrial expansion and productivity-enhancing investments are anticipated to provide broad-based support to the domestic economy, notwithstanding ongoing global uncertainties.

Page | 14

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B3. Prospects (Cont'd)

The Building Materials division remains cautiously optimistic, supported by ongoing infrastructure developments, industrial expansion and steady construction activities across both public and private sectors. Demand is anticipated to benefit from continued infrastructure initiatives, progressive project rollouts and the gradual recovery of property development activities. Nonetheless, the operating environment is expected to remain competitive, marked with cost pressures and macroeconomic volatility continuing to affect procurement plannin and operating margins. Fluctuations in raw material prices, labour costs and foreign exchange movements may continue to impact the sector.

The commissioning of Drymix Line C during the period enhanced the division's production capacity and operational flexibility. This enabled stronger support for both external demand and internal project requirements. Management continues to prioritise supply chain coordination, operational efficiencies, and the development of value-added, sustainability-aligned product offerings to safeguard margins amid rising cost and labour pressures.

As at 31 March 2026, the Construction Engineering division maintained a healthy outstanding order book of RM1.97 billion, providing medium-term earnings visibility. Ongoing projects include Hospital Langkawi, Pan Borneo packages, Quaver Residence, Ayanna Resort Residences and various infrastructure and residential developments. Looking ahead, the division's replenishment prospects in FY2026 are expected to remain supported by continued government-led infrastructure initiatives, private sector developments, semiconductor facility expansion and growing data centre investments.

The Property Development division recorded total unbilled sales of RM2.2 billion as of 31 March 2026, providing strong revenue visibility for the year ahead. This is supported by progressive construction of major developments including Quaver, Ayanna, Avantor, Solarvest, The Crown, Andalan, Dawn, Aricia, and Botanica Hills. The division plans to undertake additional project launches over the coming quarters, subject to market conditions and regulatory approvals, while remaining focused on disciplined execution and timely delivery of existing projects to support stable performance.

Signature International Berhad continued to recognise revenue from its backlog, comprising RM1.14 billion in kitchen and wardrobe system orders and RM98 million in interior fit-out works as of 31 March 2026. This strong order book provides healthy revenue visibility for the year ahead, despite ongoing cost pressures and uncertain global economic conditions. The division remains supported by a steady inflow of new orders, underpinned by improving property transaction volumes, gradual recovery in household purchasing power, and rising demand for premium, customised home and lifestyle solutions.

Page | 15

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B3. Prospects (Cont'd)

The interior fit-out segment is also expected to benefit from continued activity in commercial hospitality and mixed-use developments across major urban centres and selected regional markets. Supported by established brand positioning, an extensive dealer network, and strong manufacturing capabilities, the division remains well-positioned to sustain market leadership and deliver meaningful contributions to the Group's earnings in 2026.

Overall, the Group remains focused on sustaining growth through disciplined strategy execution, operational excellence and prudent financial stewardship across all business segments. Key priorities include driving sales momentum in property development, enhancing cost and production efficiency and productivity within the Building Materials division, and ensuring timely execution and delivery of construction projects. Supported by a healthy order book, integrated ecosystem and resilient operating platform, the Group remains well-positioned to advance the Group's long-term growth objectives.

B4. Estimates/Forecast

The Group has not provided any revenue or profit guidance in its public disclosures.

B5. Taxation

The applicable income tax rate is 24% except for the Group's subsidiary companies, PP Chin Hin Pte Ltd and MI Polymer Concrete Pipes Pte Ltd which are subject to the statutory rate of 17% based on Singapore's tax regime and Starken Philippines, Inc which is subject to the statutory rate of 30% based on Philippines's tax regime.

	Individual/Cumulative Quarter
	Unaudited	Unaudited
	31 Mar	31 Mar
	2026	2025
	RM'000	RM'000
Income tax expense
- Current financial year	17,918	19,891
- Under provision in prior year	4	-
Real property gain tax	-	166
	17,922	20,057
Deferred tax
- Current financial year	2,481	610
Total tax expense	20,403	20,667

Page | 16

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B6. Status of corporate proposals

There were no corporate proposals previously announced by the Group that remained uncompleted as at 14 May 2026, except as follows:

i) On 10 September 2024, Chin Hin Property (Stulang) Sdn. Bhd. ("CHP Stulang"), a wholly-owned subsidiary of BKGD, which in turn is a wholly-owned subsidiary of the Company has entered into a Joint Development Agreement ("JDA") with Kelana Megah Sdn. Bhd. ("KMSB"), an indirect subsidiary of Atlan Holdings Berhad to record their mutual commitments and to regulate their rights in relation to their joint participation and operation in the Project on a parcel of leasehold land held under H.S.(D) 605698, Lot No. PTB 20379, Bandar Johor Bharu, Daerah Johor Bharu, Negeri Johor measuring approximately 17,342 square meters ("sq m") (186,668 square feet ('sq ft')).

The Conditional Period of JDA has been further extended and is now scheduled to expire on 9 June 2026.

ii) An indirect subsidiary of the Company, Green Cement Sdn Bhd had on 10 July 2024 entered into a Memorandum of Understanding ("MOU") with University Sains Malaysia ("USM") for the purpose to establish collaboration and explore opportunities to develop, support and enrich the research activities, educational programs and training in the fields that will be beneficial to both parties.

The MOU will remain effective for a period of 5 years from the date of MOU and it is not expected to have any material immediate effect on the earning per share, net assets per share and gearing of the Group for the financial year ended 31 December 2026.

iii) On 17 April 2025, BKGD entered into the following agreement with FHB and Sinaran Urusjuta Sdn Bhd ("SUSB"), a wholly-owned subsidiary of FHB:-

(a) Shareholders' Agreement

Proposed subscription by BKGD of 1,166,667 new ordinary shares in SUSB, representing 70% of the enlarged ordinary share capital of SUSB at an issue price of RM1.00 per share to facilitate the parties' joint development on the parcel of leasehold land expiring on 18 September 2025 held under H.S.D 123392, PT 50000 Seksyen 44, Bandar Kuala Lumpur, Daerah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur measuring approximately 7,613 square metres

(b) Subscription Agreement

Proposed issuance of 442,000 new redeemable preference shares by BKGD to FHB for a total consideration of RM44.20 to facilitate the proposed joint development of the land owned by SUSB. On 17 July 2025, BKGD entered into a deed of revocation to revoke and rescind the Subscription Agreement with FHB and to revoke the corporate guarantee in favour of FHB for the consideration of FHB agreeing to subscribe for the 442,000 RPS. The subscription is now replaced with a cash consideration of RM442,000.

The shareholder's and subscription agreements are subject to an approval of the shareholders of the Company at an Extraordinary General Meeting ("EGM") to be convened on 21 May 2026.

Page | 17

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B6. Status of corporate proposals (Cont'd)

iv) Starken AAC Sdn. Bhd. ("SAAC"), a wholly-owned subsidiary of the Company, had on 9 July 2025 entered into a contract with Jiangsu Teeyer Intelligent Equipment Co Ltd ("JTIE") outline the scope of obligations and responsibilities of each party relating to the supply of machinery for autoclaved aerated concrete blocks (AAC) plant ("Contract"), subject to the terms and conditions as stipulated in the Contract.

The Contract will not have any effect on the share capital and substantial shareholders' shareholdings of CHGB. The CHGB is also not expected to have any material immediate effect on the earnings per share, net assets per share and gearing of the Group for the financial year ending 31 December 2026.

v) On 23 September 2025, CHGP has entered into a Sale and Purchase Agreement ("SPA") with Miroad Rubber Industries Sdn Bhd for the disposal of the following 2 pieces of freehold industrial lands for a total cash consideration of RM19.3 million ("Proposed Disposal"):

i. Geran Mukim 266, Lot 240, Mukim Tebrau, Daerah Johor Bahru, Negeri Johor ("Title 1"), measuring approximately 1.3506 hectares and bearing a postal address of Lot 240, Jalan Kangkar Tebrau, Kampung Kangkar Tebrau, 81100, Johor Bahru ("Lot 240"); and
ii. Geran Mukim 755, Lot 44506, Mukim Tebrau, Daerah Johor Bahru, Negeri Johor ("Title 2"), measuring approximately 0.8877 hectares and bearing a postal address of Lot 44506, Jalan Kangkar Tebrau, Kampung Kangkar, Tebrau, 81100, Johor Bahru ("Lot 44506").

The SPA is conditional upon fulfilment of various condition precedent by 30 June 2026.

(vi) On 17 October 2025, BKHS Capital Sdn. Bhd. ("BKHS"), a wholly-owned subsidiary of BKGD, which in turn is a wholly-owned subsidiary of the Company entered into a Sales and Purchase Agreement ("SPA") with Triple-H Auto Parts Sdn. Bhd. ("TAPSB") for the purchase of the subdivided land under Geran Mukim 57, Lot 449, Tempat Segambut, Mukim Batu, Dearah Kuala Lumpur, Negeri Wilayah Persekutuan Kuala Lumpur, for a total cash consideration of RM31,740,000.

Simultaneous with the execution of the SPA, TAPSB has granted a Power of Attorney ("POA") in favour of BKHS to enable BKHS to complete the subdivision of the Land and to further enable BKHS to do and perform all or any of the acts and things as set out in the POA.

The SPA is pending the fulfilment of the condition precedent by 16 July 2026.

(vii) Ajiya Safety Glass Sdn. Bhd. and Asia Roofing Industries Sdn. Bhd., have within a period of twelve (12) months, entered into two (2) separate Sale and Purchase Agreements ("SPAs") on 24 June 2025 and 4 August 2025 respectively, for the disposal of two (2) adjoining parcels of vacant industrial land held under H.S (D) 264454, P.T 35360 and H.S (D) 264453, P.T 35359 located on Mukim Setul, Daerah Seremban, Negeri Sembilan, for a total disposal consideration of RM51,944,345.20. Barring any unforeseen circumstances, the Proposed Disposals is pending completion.

Page | 18

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B6. Status of corporate proposals (Cont'd)

(viii) On 26 November 2025, Chin Hin Property (KL) Sdn Bhd (formerly known as Tebrau Land Sdn Bhd) ("CHPKL" or "Purchaser"), a wholly-owned subsidiary of BKGD has entered into a SPA with Trident Treasure Sdn Bhd ("TTSB" or "Vendor") for the purchase of the following two parcels of 99 years leasehold vacant lands both expiring on 9 June 2103, for a total cash consideration of RM91 million:-

(a) H.S.(D) 201980, PT 62420, Mukim Petaling, Daerah Petaling, Negeri Selangor in an area measuring approximately 52,186.84 square metre and bearing an assessment address PT 62420, Taman Puncak Jalil, Bandar Putra Permai, 43300 Seri Kembangan, Selangor Darul Ehsan ("Land 1"); and
(b) H.S.(D) 201981, PT 62421, Mukim Petaling, Daerah Petaling, Negeri Selangor in an area measuring approximately 52,528.15 square metre and bearing an assessment address PT 62421, Taman Puncak Jalil, Bandar Putra Permai, 43300 Seri Kembangan, Selangor Darul Ehsan ("Land 2"). (Land 1 and Land 2 shall collectively be referred to as "the Lands".)

The SPA is pending the fulfilment of the condition precedent by 25 May 2026.

(ix) On 13 March 2026, Boon Koon Capital Sdn Bhd, a wholly-owned subsidiary of BKGD has entered into a conditional Sale and Purchase Agreement ("SPA") with Signature Cabinet Sdn Bhd ("SCSB" or "Vendor") for the proposed acquisition of a single-storey detached factory, 3-storey office and double-storey detached factory building on a piece of leasehold industrial land located at Kota Damansara, Petaling Jaya, Selangor, for a total cash consideration of RM66 million.

The SPA is subject to fulfilment of condition precedents by 12 September 2026.

[THIS PAGE IS INTENTIONALLY LEFT BLANK]

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B7. Borrowings

The Group's borrowings are all secured and denominated in Ringgit Malaysia, details are as follows: -

| | Unaudited
As at
31 March 2026
RM'000 | Audited
As at
31 December 2025
RM'000 |
| --- | --- | --- |
| Bank overdrafts | 21,376 | 22,177 |
| Revolving credits | 332,378 | 270,502 |
| Bankers' acceptance | 503,507 | 380,233 |
| Invoice financing | 46,217 | 115,091 |
| Term loans | 548,422 | 600,924 |
| Margin facility | 73,316 | 78,658 |
| Bills discounting | 2,113 | 1,971 |
| Total bank borrowings | 1,527,329 | 1,469,556 |
| Total bank borrowings comprises: | | |
| | Unaudited
As at
31 March 2026
RM'000 | Audited
As at
31 December 2025
RM'000 |
| Current: | | |
| Bank overdraft | 21,376 | 22,177 |
| Revolving credits | 251,378 | 188,502 |
| Bankers' acceptance | 503,507 | 380,233 |
| Invoice financing | 46,217 | 115,091 |
| Term loans | 149,534 | 203,357 |
| Margin facility | 73,316 | 78,658 |
| Bills discounting | 2,113 | 1,971 |
| | 1,047,441 | 989,989 |
| Non-current: | | |
| Term loans | 398,888 | 397,567 |
| Revolving credits | 81,000 | 82,000 |
| | 479,888 | 479,567 |
| | 1,527,329 | 1,469,556 |

Page | 20

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B8. Lease liabilities

The Group's lease liabilities are denominated in Ringgit Malaysia, details are as follows: -

| | Unaudited
As at
31 March 2026 | Audited
As at
31 December 2025 |
| --- | --- | --- |
| Present value of minimum lease payments: | RM'000 | RM'000 |
| Repayable within twelve months | 58,511 | 39,390 |
| Repayables after twelve months | 49,321 | 65,750 |
| | 107,832 | 105,140 |

B9. Changes in material litigation

(i) Arbitration proceedings by Kayangan Kemas Sdn Bhd against Exyte Malaysia Sdn Bhd

On 30 December 2025, Kayangan Kemas Sdn. Bhd. ("KKSB"), a subsidiary of the Company, submitted a Demand for Arbitration in respect of a claim against Exyte Malaysia Sdn. Bhd. ("Exyte"). The Demand for Arbitration had been submitted to the American Arbitration Association ("AAA") in accordance with the Construction Industry Arbitration Rules of the AAA.

By a letter of award dated 14 June 2022, Exyte appointed KKSB as the sub-contractor to carry out shell and core works ("Works") for a project known as "Intel Pelican Project – Kawasan Perindustrian Bayan Lepas, Pulau Pinang Package C04D" (the "Project"). The parties entered into a contract agreement for Package No. C04D – Shell and Core Works Site Substructure (Beta Site) dated 15 June 2022 (the "Subcontract").

Throughout the course of the Works, disputes have arisen between KKSB and Exyte. KKSB claims, amongst others:

(a) Exyte has failed to properly and/or fairly assess KKSB's application for extension of time;
(b) Exyte's breaches and/or defaults under the Subcontract have prevented KKSB to complete the Works and hence the Completion Date under the Subcontract has been set "at large";
(c) Exyte has failed, neglected and/or refused to properly assess and/or certify the sums submitted by KKSB in its interim payment applications; and
(d) Exyte has failed to pay KKSB in accordance with the terms of the Subcontract and/or at law.

As the parties were unable to resolve the disputes in accordance with the terms of the Subcontract, KKSB referred the disputes to arbitration by submitting the Demand for Arbitration against Exyte.

Page | 21

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B9. Changes in material litigation (Cont'd)

(i) Arbitration proceedings by Kayangan Kemas Sdn Bhd against Exyte Malaysia Sdn Bhd (cont'd)

On 20 January 2026, KKSB received an Answering Statement and Counterclaim filed by Exyte in accordance with the Construction Industry Arbitration Rules of AAA. This was filed in response to KKSB's Demand for Arbitration.

In Exyte's Answering Statement and Counterclaim, Exyte raised a preliminary objection to the commencement of arbitration by KKSB and denied the claims raised by KKSB in the Demand for Arbitration. Exyte also counter-claimed against KKSB for damages in the sum of approximately RM258,000,000 for, among others, recoupment of advance payment together with interest and finance charges, liquidated damages, and additional costs and expenses incurred. At this juncture, Exyte has not fully particularise its counterclaims against KKSB.

KKSB will vigorously dispute these counterclaims and raise a detailed response in due course during the arbitration proceedings.

The Arbitral Tribunal has been constituted. Pursuant to Procedural Order No. 1 dated 30 March 2026, the hearing is scheduled for September 2027.

Pursuant to the Demand for Arbitration, KKSB claims a total sum of RM200,997,041.49 against Exyte for, among others: (a) works done under-certified by Exyte; (b) variation claims under-certified by Exyte; (c) prolongation costs under-certified by Exyte; (d) disruption costs under-certified by Exyte; (e) back charges wrongly and/or unlawfully deducted by Exyte; (f) interests and financial charges payable by Exyte; and (g) retention sums withheld by Exyte.

In addition, KKSB claims that it is entitled to a further extension of time of 795 days to complete the Works as Exyte has failed and/or refused to properly certify KKSB's claims for extension of time under the Subcontract. Consequently, in the arbitration, KKSB avers and will contend that Exyte is not entitled to impose liquidated damages under the Subcontract.

In the Demand for Arbitration, KKSB has also reserved its rights to: (a) raise any further claims arising out of or in connection with the disputed matters described in the Demand for Arbitration or otherwise arising out of the Subcontract; and (b) amend and/or supplement the reliefs and remedies sought by KKSB in the Demand for Arbitration.

Page | 22

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B9. Changes in material litigation (Cont'd)

(ii) Kuala Lumpur High Court Civil Suit No. WA-24NCC-57/01/2026, Kayangan Kemas Sdn Bhd v Exyte Malaysia Sdn Bhd & Ambank (M) Berhad

On 27 January 2026, KKSB commenced legal action by filing an Originating Summons vide the Kuala Lumpur High Court Civil Suit No. WA-24NCC-57/01/2026, together with an Ex-Parte Application for an interim injunction, against Exyte and Ambank (M) Berhad ("Ambank") ("Injunction Application").

Pursuant to the terms of the Subcontract, KKSB provided a Performance Bond and an Advance Payment Bond, issued by Ambank in favour of Exyte, in compliance with the terms of the Subcontract. On 26 January 2026, Exyte made a demand for sums under the Performance Bond and the Advance Payment Bond respectively. In view of this, KKSB proceeded to file the Originating Summons together with the Ex-Parte Application for an interim injunction as mentioned above.

In the Originating Summons, KKSB is seeking, among others:

(a) an injunction to restrain Exyte from making any call or demand on the Performance Bond and/or the Advance Payment Bond and/or receiving any monies from Ambank pursuant thereto and/or utilising any monies received from Ambank pursuant thereto;
(b) a mandatory injunction against Exyte to return any monies that may have been received from Ambank pursuant to the Performance Bond and/or the Advance Payment Bond; and
(c) an injunction to restrain Ambank from making any payment under the Performance Bond and/or the Advance Payment Bond.

The grounds for KKSB's Injunction Application are premised on the assertion that Exyte's demand under the Performance Bond and the Advance Payment Bond is unconscionable.

On 28 January 2026, the High Court heard KKSB's ex parte application. The High Court granted an ad interim injunction in favour of KKSB to preserve the status quo pending the disposal of the Originating Summons.

KKSB had, on 11 February 2026, received:

(a) a copy of the Notice of Application (to Set Aside the Ad Interim Injunction Order dated 28 January 2026) filed by Exyte, where Exyte is seeking to set aside the Ad Interim Injunction Order; and
(b) an affidavit filed by Exyte, in support of Exyte's Notice of Application dated 10 February 2026 and to oppose KKSB's Originating Summons dated 27 January 2026.

Page | 23

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B9. Changes in material litigation (Cont'd)

(ii) Kuala Lumpur High Court Civil Suit No. WA-24NCC-57/01/2026, Kayangan Kemas Sdn Bhd v Exyte Malaysia Sdn Bhd & Ambank (M) Berhad (cont'd)

The inter-partes hearing for KKSB's injunction application and Exyte's application to set aside the Ad Interim Injunction Order was held on 1 April 2026 before the Kuala Lumpur High Court. Upon hearing from parties, the High Court reserved its decision to 27 April 2026.

On 27 April 2026, the High Court:

(a) granted KKSB's injunction application for the Performance Bond with no order as to costs;
(b) dismissed KKSB's injunction application for the Advance Payment Bond, with no order as to costs; and
(c) dismissed Exyte's application to set aside the Ad Interim Injunction Order, with costs of RM7,500.00 payable by Exyte to KKSB.

On 27 April 2026, KKSB filed:

(a) an appeal to the Court of Appeal against part of the High Court's decision in dismissing KKSB's injunction application in relation to the Advance Payment Bond (the "Appeal"); and
(b) an Erinford injunction application to preserve the status quo of the matter pending the disposal of KKSB's Appeal before the Court of Appeal (the "Erinford Injunction Application").

On 28 April 2026, the parties appeared before the High Court in relation to the Erinford Injunction Application. Upon hearing the parties, the High Court fixed the Erinford Injunction Application for hearing on 25 May 2025. Pending the hearing on 25 May 2025, the High Court granted an ad interim injunction to preserve the status quo of the matter.

B10. Dividend Proposed

There was no dividend declared for the current financial quarter.

Page | 24

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B11. Earnings per share

Basic earnings per ordinary share

The basic earnings per share is calculated based on the Group's profit attributable to equity holders of the Company divided by the weighted average number of ordinary shares as follows:

| | Unaudited
Individual/Cumulative Quarter | |
| --- | --- | --- |
| | 31 March
2026 | 31 March
2025 |
| Profit attributable to ordinary equity holders of the Group (RM'000) | 19,120 | 18,359 |
| Number of ordinary shares in issues as at 1 January ('000) | 3,540,328 | 3,540,328 |
| Effect of treasury shares held | (1,500) | (1,500) |
| Weighted average number of ordinary shares in issue ('000) | 3,538,828 | 3,538,828 |
| Basic/diluted earnings per share (sen) | 0.54 | 0.52 |

Diluted earnings per ordinary share

The Group and the Company have no dilution in their earnings per ordinary share as there are no dilutive potential ordinary shares. There have been no other transactions involving ordinary shares or potential ordinary shares since the end of the financial year and before the end of this quarter.

| | Unaudited
Individual/Cumulative Quarter | |
| --- | --- | --- |
| | 31 March
2026 | 31 March
2025 |
| Profit attributable to ordinary equity holders of the Group (RM'000) | 19,120 | 18,359 |
| Weighted average number of ordinary shares as above | 3,538,828 | 3,538,828 |
| Basic earnings per share (sen) | 0.54 | 0.52 |

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CHIN HIN GROUP BERHAD [Registration No.:201401021421 (1097507-W)]
CHIN HIN

B. ADDITIONAL INFORMATION REQUIRED BY THE LISTING REQUIREMENTS (CONT'D)

B12. Disclosure on selected expense/income items as required by the Listing Requirements

Included in profit before tax comprised the following expense/(income) items:

| | Unaudited
As at
31 March
2026
RM'000 | Unaudited
As at
31 March
2025
RM'000 |
| --- | --- | --- |
| Profit before taxation is arrived at after charging/(crediting):- | | |
| Bad debts written off | 50 | - |
| Amortisation of intangible assets | 1,109 | 273 |
| Depreciation of property, plant and equipment | 22,240 | 17,863 |
| Impairment loss on trade and other receivables and contract assets | 324 | 357 |
| Reversal of inventories written down | (483) | (361) |
| Fair value (gain)/loss on other investments | (10,542) | 5,366 |
| Net gain on bargain purchase | (10,550) | - |
| Loss/(Gain) on disposal of property, plant and equipment | 384 | (140) |
| Loss/(Gain) on disposal of assets held for sale | 7 | (5,226) |
| Loss on disposal of investment in subsidiary company | 1,477 | - |
| (Gain)/Loss on disposal of other investments | (116) | 78 |
| Gain on modification on lease contract | (333) | - |
| Gain on lease termination of lease contract | (6) | - |
| Property, plant and equipment written off | 45 | 1 |
| Realised gain on foreign exchange | (473) | (45) |
| Reversal of impairment loss on trade and other receivables | (50) | - |
| Unrealised gain on foreign exchange | (1,176) | (5) |

B13. Comparative figures

Comparatives figures, where applicable, have been modified to conform to the current presentation.

BY ORDER OF THE BOARD

21 May 2026