Sing Holdings warns of sharp profit drop for first half of 2026

SGX Filings

Jul 30

Sing Holdings Limited announced that it expects a substantial decrease in consolidated net profit for the six months ended Jun, 30 2026 compared with the same period a year earlier.

The company attributed the anticipated decline to lower revenue from completed properties, reduced interest income and higher finance costs.

Sing Holdings said it plans to release its unaudited financial statements for the first half of 2026 on or around Aug, 12 2026.

The profit warning follows earlier disclosures on Feb, 24 2026 and Apr, 23 2026 indicating an expected fall in revenue and earnings for the full year ending Dec, 31 2026.

The company advised shareholders and potential investors to exercise caution when dealing in its shares.

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