Logistics provider Legion Consortium H1 revenue rises on higher trucking and freight forwarding demand

Legion Consortium

26/08/2026 09:50

Overview
Singapore logistics provider's H1 revenue rose 11% yr/yr on higher trucking and freight forwarding demand
Company posted net profit of S$0.67 mln after prior-year loss, aided by lower admin expenses

Outlook
Legion Consortium plans to expand transportation operations and warehousing capacity for sustainable growth
Company says it is mindful of diesel prices, interest rates, and labor market pressures
Legion Consortium will focus on prudent cost management and seek collaborative partners to enhance competitiveness

Result Drivers
TRUCKING DEMAND - Co said revenue growth was mainly due to continued customer demand for trucking services
FREIGHT FORWARDING - Co attributed higher freight forwarding revenue to rebounding freight rates and operational complexities in global supply chains
VATS CONTRACT LOSS - Co said VATS revenue fell due to termination of a warehouse service contract after lease expiry
ADMIN EXPENSES - Co said lower admin expenses contributed to shift from net loss to net profit, mainly due to one-off costs in prior period

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$32.80 mln
 

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Aug 26 - Denmark's Torm Q2 profit hits record on higher freight rates; raises 2026 outlook

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Press Release s3://eap-prd-eu-west-1-source-content/eap_feed_proxy/fingerpost/HKSW/2026-08-26/80a672f7-6bb3-4dad-a6cc-814375cdb9b1.file
(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.)