Singapore's LHT Holdings posts H1 loss on pallet, packaging segment decline

LHT Holdings

14/08/2026 10:52

Overview
Singapore pallet and packaging maker's half-year revenue fell 21%, gross profit down 20%
Company reported S$493,000 net loss for the period, reversing prior yr profit
Revenue and profit declines mainly due to lower sales and reduced other income

Outlook
Company did not provide specific financial guidance or outlook for future quarters or full year

Result Drivers
LOWER SALES - Revenue fell 21.1% due to weaker demand and competitive pressure in the pallet and packaging products segment
REDUCED OTHER INCOME - Co said lower other income contributed to weaker results

Company press release: ID:nSN8BL0Zy

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Revenue
 
S$11.41 mln
 
H1 Net Loss
 
S$493,000
 
H1 Gross Profit
 
S$4.08 mln
 
H1 Pretax Loss
 
S$269,000
 

Reuters Recommended Reads
Aug 13 - Singapore's New Toyo half-year profit rises on lower expenses
Aug 13 - Netherlands' Cabka swing to H1 profit on lower costs, higher Europe sales
Aug 12 - Packaging firm Amcor beats quarterly sales, profit estimates on higher prices

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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.)