Singapore's Eindec half-year loss widens on higher costs; revenue rises on HVAC demand

Eindec

07/08/2026 14:18

Overview
Singapore air quality solutions provider's half-year revenue rose 20% yr/yr
Gross profit for the half-year increased 34% yr/yr
Net loss for the period widened compared to last year

Outlook
Company says will continue to strengthen HVAC and CRE businesses
Group to accelerating transformation into an integrated mechanical and electrical solutions provider

Result Drivers
CORE SEGMENT GAINS - HVAC revenue increased 26% on project growth, CRE revenue rose 5%
HIGHER ADMINISTRATIVE EXPENSES - Administrative expenses rose 33%, contributing to a wider net loss

Company press release: ID:nSN73fCtb

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$5.88 mln
 
H1 Net Loss
 
S$460,000
 
H1 Gross Profit
 
S$2.04 mln
 
H1 Pretax Loss
 
S$458,000
 

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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.)