FST Q2 FY26 net loss narrows to $1.05 million; revenue rises 9.7% to $12.55 million

Reuters2026/07/29 01:18

By:Reuters

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FST posted Q2 revenue of $12.55 million, up 9.7% year over year on higher aftermarket sales in steel and graphite lines.
Net loss narrowed to $1.05 million, or $0.02 per share, from $3.03 million, or $0.07 per share, a year earlier.
Operating income turned positive at $259,899 from an operating loss of $689,488 in the prior-year quarter.
For the first six months of 2026, results swung to net income of $831,189, or $0.02 per share, from a net loss of $5.83 million.
Board authorized a share repurchase program of up to $3 million; management forecast continued revenue growth through year-end on domestic and export expansion.

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. FST Ltd. published the original content used to generate this news brief on July 29, 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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FST Q2 FY26 net loss narrows to $1.05 million; revenue rises 9.7% to $12.55 million

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