Singapore's ES Group half-year revenue slips, net loss widens
Singapore's ES Group half-year revenue slips, net loss widens
Overview
Singapore marine engineering firm's half-year revenue declined 5% yr/yr
Company reported net loss of S$1.1 mln for the six months ended June 2026
Outlook
Company did not provide specific guidance or outlook for future periods
Result Drivers
DISCONTINUED OPERATIONS - Loss from discontinued operations added to overall net loss
LOWER OPERATING INCOME - Decline in other operating income reduced profitability
Company press release: ID:nSN5RWPWj
Key Details
Metric | Beat/Miss | Actual | Consensus Estimate |
H1 Revenue |
| S$8.90 mln |
|
H1 Net Loss |
| S$1.10 mln |
|
Reuters Recommended Reads
Aug 13 - Singapore's Vallianz H1 revenue falls 70% on lower shipyard activity
Aug 13 - Singapore's Interra Resources H1 revenue rises on higher oil prices
Aug 10 - New Concept Energy Q2 net loss widens on higher administrative 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.)
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