C&N Holdings H1 FY26 loss widens to S$ 1.5 million; revenue drops 18.2% to S$ 8.54 million

• C&N Holdings posted a 6M net loss attributable to owners of S$ 1.5 million, widening from S$ 830,000 a year earlier.
• Revenue fell 18.2% to S$ 8.54 million, mainly on lower trading volume across transport and storage services.
• Gross profit swung to a gross loss of S$ 391,682, with management citing higher service costs linked to US tariffs.
• Cash and cash equivalents slid to S$ 293,513, with net cash used in operating activities of S$ 454,466.
• Management flagged a cautious expansion stance, weighing strategic options including a potential sale amid rising costs and softer cargo volumes.

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. C&N Holdings Ltd. published the original content used to generate this news brief via IIS, the regulatory disclosure system operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260831-12309394), on August 31, 2026, and is solely responsible for the information contained therein.