EuroSports Global 1Q FY27 net loss widens 48.5% to S$ 1.04 million; revenue falls 10% to S$ 7.27 million
Reuters2026/08/12 11:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- EuroSports Global posted a net loss of S$1.04 million for the quarter ended June 30, 48.5% wider year over year.
- Revenue fell 10% to S$7.27 million, driven by lower automobiles distribution sales to S$5.93 million.
- Basic and diluted loss per share widened to 0.34 Singapore cents from 0.28 Singapore cents a year earlier.
- Group cited a 4.6 percentage-point drop in gross margin to 15.6%, due to lower margins on car sales.
- Order book remained supported by Lamborghini Urus SE demand, with new variants slated to start deliveries from Q3 FY2027.
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. EuroSports Global Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: WGPNQFT7OLVDW1BG) on August 12, 2026, and is solely responsible for the information contained therein.
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