Xingya Holdings (08293) announced annual results, profit attributable to shareholders of SGD 9.554 million, which turned a year-on-year loss into profit

According to the Zhitong Finance App, Xingya Holdings (08293) announced the annual results for the year ended July 31, 2026. The group obtained revenue of SGD 11.949 million, a year-on-year decrease of 2.29%; the company owner should have accounted for a profit of SGD 9.554 million during the year, turning a year-on-year loss into a profit; the basic profit per share was 4.42 Singapore cents.

According to the announcement, the transformation of annual profit from loss to profit is mainly due to changes in the fair value of financial assets that account for profit and loss at fair values, which generate significant benefits and lower employee costs.