Heeton swings to profit in HY26; revenue rises 1% to SGD 37.25 million
Reuters2026/08/07 09:19Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!
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- Heeton Holdings posted a swing to profit, with net profit attributable to owners of the Company at SGD 1.23 million.
- Revenue rose 1% to SGD 37.25 million, while operating profit climbed 39.2% to SGD 8.58 million.
- Profit before tax returned to profit at SGD 2.04 million, helped by a SGD 9.95 million gain on disposal of property, plant and equipment.
- Impairment losses on financial assets totaled SGD 8.89 million, while finance expenses fell 11.1% to SGD 12.2 million.
- Management flagged elevated operating and labor costs, tighter hospitality margins, and geopolitical uncertainty, while focusing on cost control and portfolio optimization.
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. Heeton Holdings Limited published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: EHVCXUBCYMJJZUYS) on August 07, 2026, and is solely responsible for the information contained therein.
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