Avi-Tech turns to FY26 net loss of S$1.4 million; revenue falls 15.3% to S$18.3 million
Reuters2026/08/26 09:32Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Avi-Tech posted FY2026 revenue of S$18.3 million, down 15.3%, as net loss widened to S$1.4 million from a profit.
- Gross profit slid 51.6% to S$1.9 million; gross margin narrowed 8.1 percentage points to 10.4%.
- Cash and cash equivalents totaled S$37.1 million, with working capital of S$40.2 million.
- No final dividend declared, following a review of performance and prevailing market conditions.
- Executive Chairman Tan Xiangyang cited subdued demand and heightened competition; outlook stays cautious on macro and geopolitical uncertainty.
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. Avi-Tech Holdings Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: D436SQZHV8JPY29I) on August 26, 2026, and is solely responsible for the information contained therein.
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