Premium Catering (Holdings) Ltd (NASDAQ: PC)

Premium Catering Holdings Ltd is a certified Halal food caterer specializing in Indian Bangladesh and Chinese cuisine operating in Singapore. The company supplies budget prepared meals to foreign workers students and other individuals residing in dormitories as well as foreign workers in the marine logistics and poultry industries. It operates a Central Kitchen for food preparation and offers ancillary delivery services to support its catering activities.

Premium Catering Holdings Ltd generates revenue primarily from the supply of budget prepared meals which accounted for 93.4 percent of total revenue in the financial year ended June 30 2025. Additional revenue streams include buffet catering services and ancillary delivery services with the Food Stall operation having been closed as of the date of the Annual Report. The company serves customers through standardized menus and customized orders based on customer requests.

The company operates through the following segments: Supply of budget prepared meals Operation of Food Stall Buffet catering services Ancillary delivery services

• Supply of budget prepared meals involves the provision of re packed meals customized in different budgets to foreign workers students and individuals residing in dormitories as well as foreign workers in the marine logistic and poultry industries. These meals are delivered three times a day at budget prices ranging from S$110 to S$150 per month depending on volume and Smart Incubator usage.

• Operation of Food Stall refers to the retail sale of Indian Halal food in a dormitory canteen which was licensed by the SFA but has since closed due to lease expiration as of the date of the Annual Report.

• Buffet catering services include the provision of standard buffet menus offering Indian Bangladesh and Chinese cuisine at approximately S$15 to S$22 per head with a minimum order of 30 people for private functions corporate and community events.

• Ancillary delivery services involve charging fees ranging from S$80 to S$100 per order for one off bulk orders of budget prepared meals and buffets while offering free delivery for budget prepared meal package customers.

Premium Catering Holdings Ltd operates in a highly competitive catering services industry in Singapore with over 750 establishments as of 2022. The company differentiates itself through its pioneering Smart Incubator technology which ensures hygienic contactless delivery of meals at food safe temperatures. Its strong brand recognition over 12 years of experience and certification as a Halal food establishment provide competitive advantages in serving budget prepared ethnic meals to foreign workers and other customer segments.

The company's customer base mainly comprises construction companies requiring catering services for foreign workers they employ operators of dormitories needing catering for residents and other industries employing foreign workers such as marine and manufacturing. As the business expands to include buffets the customer base has further extended to cover the general public in Singapore.