Ascent Bridge Q1 FY27 net loss narrows 70.2% to S$ 299,000; revenue falls 8.1% to S$ 216,000

Reuters2026/08/12 12:30

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Ascent Bridge posted a net loss of S$ 299,000 for the three months ended June 30, narrowing 70.2% year over year.
Revenue slipped 8.1% to S$ 216,000, while operating loss narrowed to S$ 352,000 from continuing operations.
Loss per share from continuing operations improved to 0.31 Singapore cents, while discontinued operations swung to profit of S$ 32,000.
Cash and cash equivalents fell to S$ 26,000 at June 30 from S$ 128,000 at April 1.
The group completed the sale of MTBL Cultural Centre on May 29 for cash proceeds of S$ 59,000, booking a S$ 1,000 disposal gain.

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. Ascent Bridge Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: 09HCJPUIXSM7NFMC) on August 12, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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Ascent Bridge Q1 FY27 net loss narrows 70.2% to S$ 299,000; revenue falls 8.1% to S$ 216,000

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