Fu Yu swings to profit in 1H FY26; revenue falls 0.8% to S$59.99 million
Reuters2026/08/07 09:31Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Fu Yu posted a profit attributable to owners of SGD 135,000, swinging from a loss in the year-earlier period; EPS was 0.02 cents.
- Revenue slipped 0.8% to SGD 59.99 million, while gross profit rose 6.3% to SGD 7.28 million.
- Operating profit was SGD 847,000, turning from an operating loss a year earlier, as selling and administrative expenses fell 24.3% to SGD 9.02 million.
- Cash and bank balances increased to SGD 54.98 million from SGD 50.16 million at end-2025; total equity edged down to SGD 127.94 million.
- Management flagged macro uncertainty and pricing pressure, while focusing on automation, cost optimization, customer diversification and higher value-added projects over the next 12 months.
Disclaimer:
This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Fu Yu Corporation Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 8A2ZPQLTLBGYVKWU) on August 07, 2026, and is solely responsible for the information contained therein.
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