Singapore's Avi-Tech posts FY26 loss on soft semiconductor demand

Avi-Tech Holdings

26/08/2026 10:44

Overview
Singapore semiconductor services firm's FY2026 revenue fell 15% yr/yr on subdued demand
Gross profit dropped 52% yr/yr, resulting in a net loss for the year
Company maintained strong cash position, no final dividend declared for FY2026

Outlook
Company expects industry conditions to remain challenging due to subdued demand and competition
Avi-Tech says it remains financially resilient, supported by strong financial position and capital management
Company will monitor market developments while maintaining financial discipline and operational resilience

Result Drivers
SUBDUED DEMAND - Co said softer demand across semiconductor and electronics industries led to lower revenue and gross profit
SEGMENT REVENUE DECLINE - Manufacturing and PCBA Services and Engineering Services segments saw lower revenue, contributing to drop in gross profit
MACROECONOMIC UNCERTAINTY - Co cited ongoing macroeconomic and geopolitical uncertainties as weighing on business activity

Company press release: ID:nSNbftv6f

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Net Loss
 
$1.4 mln
 
FY Gross Profit
 
S$1.90 mln
 

Reuters Recommended Reads
Aug 25 - Hong Kong's Smart-Core Holdings interim revenue jumps on memory chip demand
Aug 25 - South Korea's SK Hynix union members reject wage agreement in vote
Aug 25 - China's Redsun Services H1 profit drops amid weakness in real estate sector

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(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.)