Memiontec 1H26 net loss narrows 18.7% to S$ 3.21 million; revenue drops 51.8% to S$ 7.65 million

Reuters2026/08/13 11:36

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Memiontec posted a net loss of S$ 3.21 million, narrowing 18.7% from a year earlier.
Revenue fell 51.8% to S$ 7.65 million, driven by a 62.5% drop in TSEPC revenue to S$ 5.49 million.
Operating loss narrowed 17.3% to S$ 2.57 million as general and administrative expenses slid 27.8% to S$ 2.09 million.
Cash and bank balances rose to S$ 6.81 million from S$ 6.31 million at Dec. 31, 2025; net asset value per share fell to 0.25 Singapore cents.
Management said it will stay disciplined in tendering, pursue larger EPC opportunities in Indonesia, and explore BOOT projects for recurring income.

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. Memiontec Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: FOWKM4SIOHLIP1RS) on August 13, 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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Memiontec 1H26 net loss narrows 18.7% to S$ 3.21 million; revenue drops 51.8% to S$ 7.65 million

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