Chemical Industries (Far East) publishes FY2026 AGM presentation slides
Reuters2026/07/29 13:24By:Reuters
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- Chemical Industries (Far East) outlined FY2026 results: revenue $72.6 million; net loss $16.3 million, citing one-off impairment and onerous-contract charges.
- Chemicals segment: revenue $59 million; gross margin 12%; net loss $2.2 million; Singapore market share 52%.
- Properties segment: revenue $1.6 million; occupancy 85%; net profit $1.2 million, helped by a $100,000 fair-value gain.
- Manufacturing consolidation advanced: blending moved to 51 Sakra; Samulun lease extended to Dec. 15, 2028; new bulk-storage capex under evaluation.
- Onerous-contract provision: $236,000 reversed; further reversals planned over the remaining 12 years as margins improve.
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. Chemical Industries (Far East) Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: QVS58WJOYKGGOYK3) on July 29, 2026, and is solely responsible for the information contained therein.
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