Polaris FY26 H1 net loss widens to S$ 238,000; revenue rises 17.66% to S$ 13.21 million
Reuters2026/08/13 09:26Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Polaris posted a net loss of S$ 238,000 for the six months ended June 30, swinging from a net loss of S$ 4,000.
- Revenue rose 17.66% to S$ 13.21 million, while gross profit increased 16.56% to S$ 1.75 million.
- Loss attributable to shareholders was S$ 107,000, turning from profit; basic EPS turned to a loss of 0.0006 Singapore cents.
- Marketing and distribution costs climbed 59.24% to S$ 500,000, while other income fell 20.23% to S$ 619,000 on lower fixed-asset gains.
- Pre-loved luxury goods revenue rose to S$ 10.57 million, while consumer electronics revenue fell to S$ 2.64 million; management flagged ongoing supply-chain constraints.
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. Polaris Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: E4NYIVLEV8HPBZBB) on August 13, 2026, and is solely responsible for the information contained therein.
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