Singapore's Alset International half-year revenue rises sharply on food and beverage business

Alset International

12/08/2026 10:49

Overview
Singapore real estate firm's half-year revenue rose sharply yr/yr
Company's half-year loss narrowed compared to previous yr period

Outlook
Company did not provide specific financial guidance or outlook for the current or future periods

Result Drivers
FOOD AND BEVERAGE BUSINESS - Co reported sharp rise in half-year revenue yr/yr helped by food and beverage business, mainly due to the acquisition of a café on 10 September 2025
LOWER EXPENSES  - Co's half-year loss narrowed as administrative expenses decreased to S$3.7 million, primarily due to cost-control measures implemented in 2026

Company press release: ID:nSN9HYPTM

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$380,000
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)