Singapore's Baker Technology half-year net loss narrows on improved other income

Baker Technology

29/07/2026 11:14

Overview
Singapore engineering firm's half-year net loss narrows to S$10.5 mln
Revenue for six months ended June 2026 fell 16% yr/yr
Reduced net loss driven by lower cost of sales and improved other income

Outlook
Company did not provide specific guidance or outlook in the interim financial statements

Result Drivers
LOWER COST OF SALES - Co said reduced net loss was partly due to lower cost of sales
IMPROVED OTHER INCOME - Increase in other income contributed to narrowing of net loss

Company press release: ID:nSN6jYpWL

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Loss
 
S$10.50 mln
 

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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.)