CapAllianz Flags Swing to Loss in Fiscal H1; Shares Zoom 100%

MT Newswires

11 hours ago

CapAllianz (SGX:594) expects to book a net loss for the fiscal first half ended Dec. 31, 2025, compared with a net profit a year earlier, according to a Monday filing with the Singapore Exchange.

Shares of the financial services company surged over 100% in Tuesday morning trade.

The company has attributed the downbeat forecast to a significant decrease in revenue due to lower sales from its oil and gas business and a lack of revenue from the technical services business segment.

The company will release its financials on or before Feb. 14.

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