{
 "company": "Multi-Chem Limited",
 "ticker": "SGX:AWZ",
 "source_page": "https://smidresearch.com/companies/multi-chem/",
 "information_cutoff": null,
 "licence": "Public evidence-library figures as filed by the issuer and recomputed by SMID Research; cite the page and its information cut-off. No rating, fair value, price target or recommendation is included. Not investment advice.",
 "tables": [
  {
   "index": 1,
   "section": "Reported financial record",
   "caption": "Reported profit comparison (S$m)",
   "headers": [
    "Metric",
    "FY2024",
    "FY2025",
    "1H2025",
    "1H2026"
   ],
   "rows": [
    [
     "Revenue",
     "683.7",
     "653.9",
     "301.0",
     "346.4"
    ],
    [
     "Gross profit",
     "—",
     "—",
     "44.4",
     "49.0"
    ],
    [
     "Profit before tax",
     "38.8",
     "33.0",
     "17.1",
     "19.4"
    ],
    [
     "Profit after tax",
     "30.8",
     "26.4",
     "14.2",
     "15.0"
    ],
    [
     "Income tax",
     "—",
     "—",
     "2.842",
     "4.381"
    ]
   ]
  },
  {
   "index": 2,
   "section": "Reported financial record",
   "caption": "Reported cash comparison (S$m)",
   "headers": [
    "Metric",
    "31 Dec 2025",
    "30 Jun 2026"
   ],
   "rows": [
    [
     "Gross cash and bank balances",
     "99.494",
     "89.341"
    ],
    [
     "Cash and cash equivalents",
     "99.445",
     "89.294"
    ],
    [
     "Pledged fixed deposits",
     "0.049",
     "0.047"
    ],
    [
     "Operating cash generated, 1H2026",
     "—",
     "10.683"
    ],
    [
     "Dividends paid, 1H2026",
     "—",
     "18.019"
    ]
   ]
  },
  {
   "index": 3,
   "section": "Q3 2026",
   "caption": "Every threshold-detected move in the 36-month window: 19 moves, all retained from the public price-driver map. Residual means the move after the Straits Times Index control only; no same-session sector peer control was available.",
   "headers": [
    "#",
    "Session",
    "AWZ",
    "STI",
    "Peers",
    "Left over",
    "Control result",
    "What the evidence supports"
   ],
   "rows": [
    [
     "1",
     "20 Oct 2023",
     "-7.18%",
     "-0.74%",
     "n/a",
     "-6.44%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "2",
     "26 Feb 2024",
     "+8.17%",
     "-0.43%",
     "n/a",
     "+8.61%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "3",
     "week to 1 Mar 2024",
     "+15.38%",
     "-1.54%",
     "n/a",
     "+16.93%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "4",
     "26 Mar 2024",
     "-12.18%",
     "+1.10%",
     "n/a",
     "-13.29%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "5",
     "week to 28 Mar 2024",
     "-10.92%",
     "+0.19%",
     "n/a",
     "-11.11%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "6",
     "29 May 2024",
     "+6.33%",
     "-0.21%",
     "n/a",
     "+6.54%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "7",
     "week to 31 May 2024",
     "+7.69%",
     "+0.60%",
     "n/a",
     "+7.09%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "8",
     "19 Jun 2024",
     "+5.86%",
     "+0.07%",
     "n/a",
     "+5.79%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "9",
     "22 Jul 2024",
     "-5.80%",
     "-0.30%",
     "n/a",
     "-5.50%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "10",
     "31 Jul 2024",
     "+5.13%",
     "+0.41%",
     "n/a",
     "+4.72%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "11",
     "7 Apr 2025",
     "-12.26%",
     "-7.46%",
     "n/a",
     "-4.81%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "12",
     "10 Apr 2025",
     "+6.38%",
     "+5.43%",
     "n/a",
     "+0.96%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "13",
     "25 Jun 2025",
     "+5.76%",
     "+0.56%",
     "n/a",
     "+5.21%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "14",
     "12 Aug 2026",
     "+5.26%",
     "-0.58%",
     "n/a",
     "+5.84%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "15",
     "week to 14 Aug 2026",
     "+9.90%",
     "+0.79%",
     "n/a",
     "+9.10%",
     "Residual",
     "No announced cause identified in the enumerated issuer tape within the recorded move window. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "16",
     "18 Sep 2026",
     "-38.71%",
     "-0.08%",
     "n/a",
     "-38.63%",
     "Residual",
     "The 18 September completed-session move followed the 17 September after-close CPIB disclosure and lifting-of-trading-halt request. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "17",
     "week to 18 Sep 2026",
     "-36.97%",
     "-0.70%",
     "n/a",
     "-36.27%",
     "Residual",
     "The 18 September completed-session move followed the 17 September after-close CPIB disclosure and lifting-of-trading-halt request. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "18",
     "21 Sep 2026",
     "-25.94%",
     "+0.34%",
     "n/a",
     "-26.28%",
     "Residual",
     "No new announced cause is established for the additional 21 September movement. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ],
    [
     "19",
     "week to 21 Sep 2026",
     "-25.94%",
     "+0.34%",
     "n/a",
     "-26.28%",
     "Residual",
     "No new announced cause is established for the additional 21 September movement. The Straits Times Index control is shown beside the move; a suitable same-session sector series was not established for this exhibit, so no sector control is asserted.Peer control unavailable: only same-date US peers were available, which would introduce look-ahead."
    ]
   ]
  }
 ]
}