Vallianz 1HFY26 profit attributable to owners drops 91% to US$328,000; revenue falls 70% to US$59.97 million
Reuters2026/08/13 12:23- Vallianz posted a net loss of US$734,000, swinging from profit, as revenue fell 70% to US$59.97 million.
- Gross profit dropped 87% to US$1.14 million, while other income rose 56% to US$11.35 million on a US$3.65 million loan-settlement gain.
- Profit attributable to owners slid 91% to US$328,000; basic and diluted EPS fell 91% to 0.03 cents.
- Cash and cash equivalents edged down to US$7.42 million from 31 December 2025; net cash from operating activities rose to US$9.9 million.
- Outlook remains challenging for FY2026 amid Middle East geopolitical uncertainty, with potential pressure on vessel utilization, costs, and project execution.
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