---
title: "In the first half of the year, Creative's net loss narrowed to USD 1.2 million | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/275782391.md"
description: "Creative Technology's net loss in the first half of fiscal year 2026 narrowed to USD 1.2 million, a significant improvement compared to a loss of USD 6.1 million in the same period last year. The improvement in performance is attributed to a decrease in compensation and related expenses following restructuring, resulting in a more efficient cost structure. Although net sales fell by 9% to USD 34.2 million, total expenses decreased by 19% to USD 11.7 million, partially offsetting the revenue decline. The company has not achieved annual profitability since fiscal year 2016, and its stock price fell by 0.7% to USD 0.72"
datetime: "2026-02-12T16:12:17.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/275782391.md)
  - [en](https://longbridge.com/en/news/275782391.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/275782391.md)
---

# In the first half of the year, Creative's net loss narrowed to USD 1.2 million | Lianhe Zaobao

Creative Technology reported a net loss of USD 1.2 million for the first half of the year, significantly narrowing from a loss of USD 6.1 million in the same period last year.

On Thursday (February 12), Creative Technology pointed out in its performance report for the first half of fiscal year 2026, ending December 31, 2025, that the improvement in performance was mainly due to a reduction in compensation and related expenses following the restructuring in fiscal year 2025, resulting in a more streamlined and efficient cost structure.

The latest loss includes interest income of USD 200,000 and other net gains of USD 100,000.

Since fiscal year 2016, Creative Technology has not achieved annual profitability. The company cut 14% of its workforce in its restructuring plan last March.

Net sales for the first half of fiscal year 2026 decreased by 9% to USD 34.2 million, compared to USD 37.4 million in the same period last year. The decline in sales was mainly affected by trade and geopolitical tensions, and was also related to the company's efforts to optimize its product mix and improve gross margins.

The decline in revenue was partially offset by a 19% reduction in total expenses to USD 11.7 million, a significant decrease compared to the same period in fiscal year 2025.

Research and development expenses decreased by 52% year-on-year, mainly due to a reduction in personnel after the restructuring, making the company's R&D more targeted.

Creative Technology's stock price fell 0.7% to USD 0.72 on Thursday

### Related Stocks

- [C76.SG](https://longbridge.com/en/quote/C76.SG.md)

## Related News & Research

- [Creative Technology downsizes, to move out of Jurong headquarters in 2026](https://longbridge.com/en/news/269511164.md)
- [INTERMESTIC Issues Supplementary Q1 FY2026 Financial Clarifications](https://longbridge.com/en/news/286742574.md)
- [Why Indian PE funds are betting big on consumer brands and manufacturing](https://longbridge.com/en/news/286875914.md)
- [11:05 ETThe Church of Jesus Christ of Latter-day Saints Commits $25 Million to the UNICEF-led Child Nutrition Fund](https://longbridge.com/en/news/287088476.md)
- [05:20 ETThrough the America's Most Artistic Kid Competition, Colossal Raises $1.6 Million While Celebrating the Next Gen of Creative Visionaries](https://longbridge.com/en/news/287037755.md)