CHINA NEXT-GEN (03928) Reports Annual Results: Net Loss Widens 12.34% to Approximately S$880,900
Stock News
Dec 30, 2025
CHINA NEXT-GEN (03928) has announced its annual results for the fiscal year ended September 30, 2025. The company reported total revenue of approximately S$61.6572 million, representing a year-on-year increase of 10.15%. However, it recorded a net loss of about S$880,900, which widened by 12.34% compared to the previous year. The basic and diluted loss per share was 0.18 Singapore cents. According to the announcement, the increase in the loss was primarily attributable to a higher net provision for expected credit losses on financial assets and contract assets. This was partially offset by an increase in other income, as well as an overall improvement in annual revenue and gross profit.
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