Growhub management commentary attributes narrower first-half 2026 net loss to revenue growth, cost reductions

• The Growhub's management commentary reported net loss narrowed 72.69% to SGD 503,784 for the six months ended June 30, 2026.
• Revenue rose 877.94% to SGD 619,397, primarily from professional services related to its carbon solution project, according to management.
• Management attributed lower employee expenses to strategic realignment, subsidiary closures and headcount reductions; professional fees fell as IPO-related work wound down.
• Operating cash outflow reached SGD 1.22 million, driven by reduced accruals and other payables alongside increased receivables.
• Cash stood at SGD 16,844; management flagged substantial going-concern doubt and dependence on continued financial support from its largest sponsor.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Growhub Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-051003), on November 10, 2026, and is solely responsible for the information contained therein.