HL Global 1H FY26 profit falls 10% to SGD 406,000; revenue rises 12.2% to SGD 3.19 million
Reuters2026/08/03 09:45- HL Global Enterprises posted 1H 2026 profit attributable to owners of SGD 406,000, down 10%.
- Revenue rose 12.2% to SGD 3.19 million, while profit before tax slipped 9% to SGD 474,000.
- Basic EPS fell to 0.43 Singapore cents; other income dropped 31.6% to SGD 573,000 on lower interest income.
- Hospitality segment operating profit climbed to SGD 623,000, while investments and others loss widened to SGD 566,000.
- Outlook flags pressure on domestic tourism demand from higher travel costs, with approvals pending for Cameron Highlands development plans.
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.
You may also like
Apple Rarely Signs 3-5 Year NAND Long-Term Contracts, May Not Set Price Cap; AI Squeezes Capacity, Shifting Bargaining Power in Storage
Apple is negotiating a 3-5 year long-term NAND flash memory contract with Kioxia, potentially without a price cap. This marks a shift in its procurement strategy from "lower prices and multiple sources" to "volume lock-in and long-term contracts." The change is driven by fierce competition among AI data center clients for storage capacity, forcing Apple to prioritize supply security. Pricing power for storage chips is shifting from buyers to sellers, and the duration of this storage cycle may exceed traditional market expectations.
India Gold price today: Gold rises, according to FXStreet data
The US dollar briefly rebounded to 153.5 against the Japanese yen, down 1.7% in 24 hours.
Silver Price Forecast: XAG/USD jumps to near $37 amid drop in US Dollar, bond yields