Singapore's Eneco Energy FY26 revenue rises on strength in logistics division

Eneco Energy

27/08/2026 15:22

Overview
Singapore logistics provider's FY2026 revenue grew 7.6% yr/yr
Net profit after tax for FY2026 rose sharply to S$1.88 mln
Company proposed inaugural dividends with payout of nearly 50% of profit after tax

Outlook
Company remains focused on strengthening logistics core and maintaining strict cost discipline
Company expects minimal financial impact from global energy price volatility
Company pursuing inorganic growth via acquisitions and strategic diversification

Result Drivers
LOGISTICS DIVISION - Group said higher revenue was mainly due to improved performance and higher contributions from its logistics subsidiaries
COST MANAGEMENT - Disciplined cost management further boosted profitability, with total operating expenses lower on a normalised basis
OPERATING CASH GENERATION - Maintained positive operating cash generation, with S$7.39 mln in net cash from operating activities

Company press release: ID:nSN7CBcHZ

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
S$34 mln
 

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Aug 24 - New Zealand's Move Logistics swings to profit in FY26 on cost cuts
Aug 27 - China's Changan Minsheng H1 profit falls on logistics price pressure, higher labor costs

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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.)