Fu Yu swings to profit in 1H FY26; revenue falls 0.8% to S$59.99 million
Reuters2026/08/07 09:31- Fu Yu posted a profit attributable to owners of SGD 135,000, swinging from a loss in the year-earlier period; EPS was 0.02 cents.
- Revenue slipped 0.8% to SGD 59.99 million, while gross profit rose 6.3% to SGD 7.28 million.
- Operating profit was SGD 847,000, turning from an operating loss a year earlier, as selling and administrative expenses fell 24.3% to SGD 9.02 million.
- Cash and bank balances increased to SGD 54.98 million from SGD 50.16 million at end-2025; total equity edged down to SGD 127.94 million.
- Management flagged macro uncertainty and pricing pressure, while focusing on automation, cost optimization, customer diversification and higher value-added projects over the next 12 months.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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