Wanma Holdings (06928) announced interim results, with a net loss of SGD 942,600, a year-on-year decrease of 51.6%

According to the Zhitong Finance App, Wanma Holdings (06928) announced its 2026 interim results, with revenue of 1.157 million Singapore dollars, a year-on-year decrease of 22.3%; net loss of SGD 942,600, a year-on-year narrowing of 51.6%; and a basic loss of 0.13 Singapore cents per share.

The decrease in net loss is mainly due to the following factors: administrative expenses and sales and distribution expenses were drastically reduced due to the Group's cost control and cost rationalization measures; and other net income was confirmed during the period, while other net losses were recorded in the same period last year, mainly due to changes in foreign exchange conditions. These positive effects were partially offset by a drop in gross profit due to lower sales volume during the period.