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Nanyang New Development 1H FY26 net loss narrows 38.03% to S$ 1.29 million; revenue rises 70.34% to S$ 4.28 million

PUBT·08/11/2026 12:38:12
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Nanyang New Development 1H FY26 net loss narrows 38.03% to S$ 1.29 million; revenue rises 70.34% to S$ 4.28 million
  • Nanyang New Development posted a H1 net loss of S$ 1.31 million, narrowing 43.66% from a year earlier.
  • Revenue rose 70.34% to S$ 4.28 million, driven mainly by stronger demand in China.
  • Gross profit increased 36.04% to S$ 755,000, while gross margin fell 4.5 percentage points to 17.6% on pricing to regain share.
  • Finance expenses climbed to S$ 112,000 from S$ 27,000, mainly due to interest accrued on convertible notes.
  • Outlook flagged continued price competition, with plans to expand overseas distribution via partners in Indonesia, Pakistan, Bangladesh, and Sri Lanka.


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. Nanyang New Development Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: CYGKZILD3H4Y04T9) on August 11, 2026, and is solely responsible for the information contained therein.