Legion Conso Projects Swing to Profit in First Half, Expects Net Income of Around S$700,000
Stock News
Aug 12
LEGION CONSO (02129) announced that it expects to record a net profit attributable to equity holders of approximately S$700,000 for the six months ending 30 June 2026. This marks a significant turnaround from the net loss of approximately S$1.56 million recorded in the same period last year, which ended 30 June 2025.
This projected return to profitability is primarily attributed to two key factors. First, the company has experienced an increase in customer demand for its trucking and freight forwarding services during the current period, which has driven revenue growth. Second, a reduction in professional fees has been recorded, as consulting and advisory costs have decreased compared to the prior corresponding period.
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