Singapore's GSH Corp half-year revenue falls 32% on weaker property sales

GSH

12/08/2026 10:21

Overview
Singapore property developer's half-year revenue fell 32% yr/yr
Company posted S$10.4 mln net loss for the period
Operating income turned negative amid lower revenue

Outlook
Company did not provide specific financial guidance or outlook for future periods

Result Drivers
LOWER SALES - Revenue fell 32% yr/yr, contributing to reduced gross profit

Company press release: ID:nSN62zDYW

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$45.30 mln
 
H1 Net Loss
 
S$10.40 mln
 
H1 Operating Income
 
-S$300,000
 

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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.)